£32k
−8%vs May 2025Active12314210Private limited companyNewbury
INNOVATIVE COMMERCE LTD
Significant control: Sowmyeswari Potti Naveen (25–50%), Naveen Kumar Potti Murali (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From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Innovative Commerce Ltd sell?
Registered activity: Information technology consultancy activities (SIC 62020). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
INNOVATIVE COMMERCE LTD is an active private limited company (company number 12314210) incorporated on 14 November 2019, registered in Newbury. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 11 May 2026, showing net assets of £32k and cash of £28k, with 2 employees on average. Net assets fell 8% on the prior period (£34k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the upper half of 3,641 comparable companies in Reading (median £11k, upper quartile £60k).
02
Ownership and control
- Mrs Sowmyeswari Potti Naveen
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Naveen Kumar Potti Murali
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
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
- 14 November 20196 yrs ago
- Next accounts due
- 11 February 2028in 476 days
- Confirmation statement due
- 28 November 2026in 36 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£28k
−17%vs May 2025Not reported
2
+100%vs May 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 11 May 2026 | £32k | £28k | £46k | £45k | — | — | 2 |
| 11 May 2025 | £34k | £34k | £33k | £35k | — | — | 1 |
| 11 May 2024 | £36k | £47k | £22k | £33k | — | — | 1 |
Current ratio1.63Current assets ÷ creditors within one year
Cash per employee£14kCash ÷ 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 £31,587 at 11 May 2026
- Current assets at least 1.5× creditors within one yearCurrent ratio 1.63
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 14 November 2019
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
- Next accounts duein 476 days
- Confirmation statement duein 36 days
- Accounts period endNet assets £32k · small accounts
- Accounts period endNet assets £34k · small accounts
- Accounts period endNet assets £36k · small accounts
- Incorporated
08
Similar companies in Reading
- RAYANTECH LIMITEDSlough · inc. Nov 2019
- LBD MARKETING LIMITEDWindsor · inc. Nov 2019
- BELLA IT SUPPORT LTDLittle London · inc. Nov 2019
- CHANNEL EDGE LTDBasingstoke · inc. Nov 2019
- NXA LIMITEDSlough · inc. Nov 2019
- PHIL BARRATT LTDBasingstoke · inc. Nov 2019
All companies incorporated on 14 November 2019 · in Nov 2019.
09
Reminders for INNOVATIVE COMMERCE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.