£3.07m
−1%vs Jul 2023Active02092347Private limited companyCoventry
INDUCTION TECHNOLOGY GROUP LIMITED
Significant control: Meriden Automotive Technology Limited (25–50%), Drvn Automotive Ltd (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Induction Technology Group Limited sell?
Registered activity: Manufacture of other transport equipment n.e.c. (SIC 30990). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
INDUCTION TECHNOLOGY GROUP LIMITED is an active private limited company (company number 02092347) incorporated on 22 January 1987, registered in Coventry. Its registered activity is manufacture of other transport equipment n.e.c. (SIC 30990). Latest small accounts cover the period ending 31 July 2024, showing net assets of £3.07m and cash of £223k, with 22 employees on average. Net assets fell 1% on the prior period (£3.09m).
Peer position · net assets
By net assets it sits in the top quarter of 567 comparable companies in the UK (median £12k, upper quartile £179k).
02
Ownership and control
- Meriden Automotive Technology Limited
- owns 25–50% of shares
- holds 25–50% of voting rights
- Drvn Automotive Ltd
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Jonathan Mccallum Douglas
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 22 January 198739 yrs ago
- Next accounts due
- 30 April 2026176 days overdue
- Confirmation statement due
- 5 February 2027in 105 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 30990
- Manufacture of other transport equipment n.e.c.
- SIC 32990
- Other manufacturing n.e.c.
- Accounts type
- Small
- Size band
- SmallCompanies Act thresholds
05
Financials
£223k
+8%vs Jul 2023Not reported
22
No changevs Jul 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2024 | £3.07m | £223k | — | £241k | — | — | 22 |
| 31 July 2023 | £3.09m | £205k | — | £235k | — | — | 22 |
Current ratio5.01Current assets ÷ creditors within one year
Cash per employee£10kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £3,072,146 at 31 July 2024
- Current assets at least 1.5× creditors within one yearCurrent ratio 5.01
- Cash at bank of £50,000 or moreCash £222,768
- Incorporated five or more years agoIncorporated 22 January 1987
- Accounts past their due dateDue 30 April 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 105 days
- Next accounts due176 days overdue
- Accounts period endNet assets £3.07m · small accounts
- Accounts period endNet assets £3.09m · small accounts
- Incorporated
08
Similar companies in Coventry
- J. & J. RADIATORS LIMITEDCoventry · inc. Jun 1978
- K D RAIL LIMITEDCoventry · inc. Jun 1997
- SHEREVYNE LIMITEDKineton · inc. Jun 1998
- LIGHTNING LOOMS LIMITEDRugby · inc. Sept 1999
- AVELING-BARFORD LIMITEDWarwick · inc. May 2003
- AVELING & PORTER LIMITEDWarwick · inc. May 2003
All companies incorporated on 22 January 1987 · in Jan 1987.
09
Reminders for INDUCTION TECHNOLOGY GROUP LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.