Company Overview
Innovative Procurement Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 23 October 2012, so this is a well established company. Innovative Procurement Ltd has been in business for 13 years and 5 months. The accounts status is total exemption full and the accounts are next due on Friday 10 July 2026.
Registered Address

Station House, North Street, Havant, Hampshire, PO9 1QU
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Companies House Data
Company NameINNOVATIVE PROCUREMENT LTD
Company Number08263854
Registered Office AddressStation House
 North Street
 PO9 1QU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/10/2012
Accounting Reference Date Day10
Accounting Reference Date Month10
Accounts Next Due Date10/07/2026
Accounts Last Made Up Date10/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date20/11/2016
Returns Last Made Up Date23/10/2015
Directors & Members
Stepan Novetsky - Director
(British, 52 years old, born June 1974)
Appointed 23 October 2012
 Active
Orysya Novytska - Director
(British, 42 years old, born August 1984)
Appointed 06 April 2022
 Active
Secretaries
Orysya Novytska - Secretary
Appointed 23 October 2012
 Active
Other Company Directorships
Stepan Novetsky
INNOVATIVE LIVING LIMITED
Orysya Novytska
UKRAINIAN ST MARY'S TRUST LIMITED
Balance Sheet Unlock full report
Accounts Date 10-Oct-2024 10-Oct-2022 10-Oct-2021
Balance Sheet
Fixed Assets 81,395 81,395 80,000
Current Assets 117,866 117,866 65,653
Creditors Due Within One Year 32,375 32,375 17,182
Working Cap 85,491 85,491 48,471
Total Assets Less Current Liabilities 166,886 166,886 128,471
Long-term Liabilities 265 265 0
Net Assets 166,621 166,621 128,471
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 166,621 166,621 128,471
Common Size Financial Analysis Unlock full report
Accounts Date 10-Oct-2024 10-Oct-2022 10-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 40.8% 40.8% 54.9%
Stocks Inventory - - -
Debtors 25.5% 25.5% 19.9%
Cash Bank In Hand 33.7% 33.7% 25.2%
Current Assets 59.2% 59.2% 45.1%
Creditors Due Within One Year 16.2% 16.2% 11.8%
Net Current Assets Liabilities 42.9% 42.9% 33.3%
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 83.6% 83.6% 88.2%
Capital Employed - - -
Total Assets Less Current Liabilities 83.8% 83.8% 88.2%
Financial Ratio Analysis Unlock full report
Accounts Date 10-Oct-2024 10-Oct-2022 10-Oct-2021
Liquidity Ratio 3.6 3.6 3.8
Solvency Ratio 6.1 6.1 8.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 10-Oct-2024 10-Oct-2022 10-Oct-2021
Assets 199,261 199,261 145,653
Debt 32,640 32,640 17,182
Net Assets/Debt 166,621 166,621 128,471

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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
Change of details for Mrs Orysya Novytska as a person with significant control on 18 December 2025
Change of details for Mr Stepan Andrij Novetsky as a person with significant control on 18 December 2025
Secretary's details changed for Mrs Orysya Novytska on 18 December 2025
Director's details changed for Mrs Orysya Novytska on 18 December 2025
Director's details changed for Mr Stepan Andrij Novetsky on 18 December 2025
Registered office address changed from Station House North Street Havant Hampshire PO9 1QU England to Lake House 2 Port Way Port Solent Portsmouth Hampshire PO6 4TY on 18 December 2025
Confirmation statement made on 6 June 2025 with updates
Confirmation statement made on 6 June 2024 with updates
Confirmation statement made on 6 June 2023 with updates
Appointment of Mrs Orysya Novytska as a director on 6 April 2022
Change of details for Mrs Orysya Novytska as a person with significant control on 24 October 2022
Change of details for Mr Stepan Andrij Novetsky as a person with significant control on 24 October 2022
Confirmation statement made on 23 October 2022 with updates
Confirmation statement made on 23 October 2021 with no updates
Confirmation statement made on 23 October 2020 with no updates
Confirmation statement made on 23 October 2019 with no updates
Confirmation statement made on 23 October 2018 with no updates
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