Innovation Labs Group Limited
Innovation Labs Group Limited is an active company incorporated on 3 October 2019 with the registered office located in Stowmarket, Suffolk. Innovation Labs Group Limited was registered 5 years ago.
Status
Active
Active since incorporation
Company No
12242879
Private limited company
Age
5 years
Incorporated 3 October 2019
Size
Micro
Turnover is under £1M
Balance sheet is under £500,000
Under 10 employees
Confirmation
Submitted
Dated 2 October 2024 (11 months ago)
Next confirmation dated 2 October 2025
Due by 16 October 2025 (1 month remaining)
No changes occurred since incorporation
Accounts
Submitted
For period 1 Nov ⟶ 31 Oct 2024 (1 year)
Accounts type is Micro Entity
Next accounts for period 31 October 2025
Due by 31 July 2026 (10 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Mr Peter Ian Basford is a mutual person.
Active
Mr Peter Alistair Brady is a mutual person.
Liquidation
Brands
Innovation Labs is a coworking space and business mentoring hub that provides support for innovation, entrepreneurship, and skills acquisition.
Financials
Net Assets, Total Assets & Total Liabilities (2020–2024)
Period Ended
31 Oct 2024
For period 31 Oct ⟶ 31 Oct 2024
Traded for 12 months
Cash in Bank
Unreported
Same as previous period
Turnover
Unreported
Same as previous period
Employees
5
Increased by 1 (+25%)
Total Assets
£78.56K
Increased by £29.17K (+59%)
Total Liabilities
-£26.55K
Increased by £20.3K (+325%)
Net Assets
£52.01K
Increased by £8.87K (+21%)
Debt Ratio (%)
34%
Increased by 21.13% (+167%)
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Repayment History
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