Company Overview
Inovex Systems Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 31 January 2000, so this is a well established company. Inovex Systems Limited has been in business for 26 years and 2 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

1 Robinson Close, Telford Way Industrial Estate, Kettering, Northants, NN16 8PU
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Companies House Data
Company NameINOVEX SYSTEMS LIMITED
Company Number03916745
Registered Office Address1 Robinson Close
 Telford Way Industrial Estate
 NN16 8PU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date31/01/2000
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/02/2017
Returns Last Made Up Date31/01/2016
Previous Company NameChanged Date
INOVEX SOFTWARE LIMITED24 Aug 2016
Directors & Members
Show Resigned
Sim Chuan - Director
(Malaysian, 54 years old, born December 1972)
Appointed 13 July 2016
 Active
Craig Stapleton - Director
(English, 51 years old, born April 1975)
Appointed 01 November 2016
 Active
Secretaries
Show Resigned
Craig Stapleton - Secretary
Appointed 01 September 2016
 Active
Other Company Directorships
Sim Chuan
No companies found
Craig Stapleton
ESM APPLICATIONS LTD
ICS INOVEX LTD.
INOVEX SOFTWARE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 612,207 612,207 112,608
Current Assets 729,487 729,487 598,586
Creditors Due Within One Year 676,877 676,877 378,447
Working Cap 52,610 52,610 220,139
Total Assets Less Current Liabilities 664,817 664,817 332,747
Long-term Liabilities 319,390 319,390 46,030
Net Assets 345,427 345,427 286,717
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 345,427 345,427 286,717
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 45.6% 45.6% 15.8%
Stocks Inventory - - -
Debtors 47.0% 47.0% 69.9%
Cash Bank In Hand 5.0% 5.0% 9.3%
Current Assets 54.4% 54.4% 84.2%
Creditors Due Within One Year 50.4% 50.4% 53.2%
Net Current Assets Liabilities 3.9% 3.9% 31.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 25.7% 25.7% 40.3%
Capital Employed - - -
Total Assets Less Current Liabilities 49.6% 49.6% 46.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.1 1.1 1.6
Solvency Ratio 1.3 1.3 1.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Assets 1,341,694 1,341,694 711,194
Debt 996,267 996,267 424,477
Net Assets/Debt 345,427 345,427 286,717

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 1 October 2025 with no updates
Amended total exemption full accounts made up to 31 December 2023
Confirmation statement made on 1 October 2024 with no updates
Change of details for Mr Sim Chin Chuan as a person with significant control on 23 October 2023
Change of details for Mr Craig Lee Stapleton as a person with significant control on 23 October 2023
Confirmation statement made on 1 October 2023 with no updates
Confirmation statement made on 1 October 2022 with no updates
Registered office address changed from Unit 4, 1 Cronin Road Cronin Road Weldon South Industrial Estate Corby NN18 8AQ England to 1 Robinson Close Telford Way Industrial Estate Kettering Northants NN16 8PU on 23 September 2022
Registration of charge 039167450002, created on 27 June 2022
Registration of charge 039167450001, created on 27 June 2022
Confirmation statement made on 1 October 2021 with updates
Memorandum and Articles of Association
Resolutions
Statement of capital following an allotment of shares on 6 May 2021
Resolutions
Confirmation statement made on 31 January 2021 with no updates
Confirmation statement made on 31 January 2020 with updates
Compulsory strike-off action has been discontinued
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