How much does Innovate East Lothian Limited make?

Innovate East Lothian Limited reported revenue of £13m and a loss of £961k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Innovate East Lothian Limited have?

Innovate East Lothian Limited reported an average of 0 employees in the year to 31 Dec 2025.

Is Innovate East Lothian Limited profitable?

No — Innovate East Lothian Limited reported a loss of £961k in the year to 31 Dec 2025.

Company No. SC223347 · Incorporated 19 Sep 2001

Innovate East Lothian Limited

Registered name: INNOVATE EAST LOTHIAN LIMITED

Part of Lloyds Banking Group PLC group

Innovate East Lothian Limited made £13m revenue and a £961k loss in the year to 31 Dec 2025. read from filing text

Innovate East Lothian Limited’s revenue grew 5% to £13m in the year to 31 Dec 2025, with a loss of £961k and 0 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Edinburgh, Scotland
Age: 25 yrs · since 2001
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent undertaking is Innovate East Lothian (Holdings) Limited.”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCash flow filed

Revenue

£13m

Growth ▲5.4%

Profit

−£961k

Growth —

Profit margin

−7.4%

Gross 35.4%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.3m	£11.9m	£12.3m	£13m
Cost of sales	£5.4m	£6.4m	£8.4m	£8.4m
Gross profit	—	£5.5m	£3.9m	£4.6m
Operating profit	—	£2.7m	£974k	£1.7m
Profit before tax	−£602k	£122k	−£1.7m	−£943k
Profit after tax	−£649k	−£123k	−£1.5m	−£961k
Profit (best available)	−£649k	−£123k	−£1.5m	−£961k
Employees (average)	—	0	0	0
Ratios
Profit margin	−6.3%	−1%	−12.6%	−7.4%
Gross margin	—	46.1%	31.4%	35.4%
Cash conversion	—	−173%	−332.5%	−254.6%
Growth (year on year)
Revenue growth	—	▲16%	▲3%	▲5.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.3m	£8.2m	£8.6m	£1.9m
Net assets	−£11.9m	−£12.4m	−£13.1m	−£14.2m
Fixed assets	£22m	£20.1m	£18.2m	£16.3m
Current assets	£7.1m	£9.7m	£8.9m	£9.7m
Debtors	£7.2k	£0	£3.3k	£0
Deferred income	£1.1m	£941k	£710k	£788k
Cash from operations	—	−£4.7m	−£3.2m	−£4.4m
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −7.4%; Profit ÷ revenue.
Gross margin: 35.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: −254.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 125.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£14.2m
Cash at bank: ▼78%; Now £1.9m
Headcount: —; Now 0
Deferred income: ▲11%; Now £788k
Fixed assets: ▼10%; Now £16.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Lloyds Banking Group PLCultimate parent75–100%
Lloyds Bank PLC75–100%
Ranelagh Nominees Limited75–100%
Innovate East Lothian Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

Alpha Schools (West Lothian) LimitedRev. £5.7m · Profit −£2.9m
Dumfries Facilities LimitedRev. £1.9m · Profit £648k
West Lothian Education LimitedRev. £0 · Profit −£1.6m
Alpha Schools (West Lothian) Holdings LimitedFigures not disclosed
Dumfries Facilities (Holdings) LimitedFigures not disclosed
Innovate East Lothian (Holdings) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£961k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.