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Invenio Business Solutions Investment Limited

Private Limited Company · Wokingham

ActiveUnited KingdomIncorporated 2020Private Limited Company
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Financial position

Accounts to 2025-03-31 · GBP · Group accounts

Net assets
−£71,970,310
Cash
£2,260,951
Turnover
£38,873,852
Profit / loss
−£15,822,827
Current assets
£31,393,039
Creditors < 1 year
£83,428,789
Equity
−£71,970,310
Average employees
878

Balance-sheet trend

GBP · consolidated

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-03-31Group · AI-read2024-03-31Group · AI-read
Balance sheet
Net assets−£71,970,310−£88,605,647
Equity−£71,970,310−£88,605,647
Share capital£76,784£76,784
Retained earnings−£122,033,608−£108,174,127
Assets
Fixed assets£3,822,972£4,218,574
Property, plant & equipment£2,771,589£3,403,992
Current assets£31,393,039£31,518,231
Cash at bank£2,260,951£3,166,595
Debtors£14,689,463£27,984,233
Liabilities
Creditors£107,186,321£124,342,452
Creditors within one year£83,428,789£94,615,190
Creditors after one year£23,757,532£29,727,262
Net current assets−£52,035,750−£63,096,959
Profit & loss
Turnover£38,873,852£42,636,166
Cost of sales£19,031,456£27,556,617
Gross profit£19,842,396£15,079,549
Administrative expenses£19,303,222£6,228,015
Other operating income£1,026,075−£5,238
Operating profit−£731,950£6,326,466
Interest receivable£582,369£24,650
Interest payable£7,856,817£11,836,319
Profit before tax−£4,707,754−£5,485,203
Tax£1,337,067£1,162,740
Profit / loss−£15,822,827−£18,946,512
Cash flow
Cash from operations−£648,776−£2,445,205
People & pay
Average employees878931
Staff costs£19,500,622£27,161,996
Wages & salaries£17,353,738£25,636,789
Social security costs£750,610£781,018
Directors' remuneration£515,715£611,557
Highest paid director£309,221£309,221
Source evidenceView filing View filing

From the accounts

What the accounts for 2025-03-31 say about themselves, read by AI from the scanned filing.

Principal activity
The principal activities of the Group (“Invenio”) headed by Invenio Business Solutions Investment Limited (“Invenio”) continue to be the provision of SAP based consulting services, IT solution delivery and managed service support.
What it does
SAP consulting services · IT solution delivery · managed service support · Tax and Revenue Management (AI keywords)
The year
Revenue decreased by 8.7% over the prior year, principally due to a decrease in implementation services across the group. Gross margins increased from 35.4% to 51.0%.
Outlook
The strategic focus going forward will continue to be on the following areas: Continue to leverage the dominant position with Implementation and support of Tax and Revenue Management Solutions for Tax Authorities; Expand the footprint in existing accounts and acquire new business with offerings including Analytics, AI, Cloud, Security, Mobility and Portals; Increase our focus on Customer Satisfaction
Auditor
Moore Kingston Smith LLP · senior statutory auditor Jonathan Russell
Audit opinion
Disclaimer of opinion
Immediate parent
Reef Bidco Limited
Ultimate parent
Kartesia Senior Opportunities I SCS SICAV-RAIF · Luxembourg
Accounts
Full accounts · IFRS
Approved
2026-07-30, signed by Ran Oren
Related parties (1)
  • Invenio Business Solutions Holdings Limited · related party · period-end balances classified as third party payables
Principal risks (5)
  • Employment market volatility and increase in wages
  • Public Sector exposure
  • Increased political uncertainty
  • Liquidity risk
  • Interest rate risk
Events after the year end (4)
  • On 28 April 2025, the Group reached an agreement with a buyer to sell the entire share capital of Invenio Business Solutions Inc for a nominal consideration; the entity is no longer a subsidiary.
  • In October 2025, Invenio Business Solutions (Canada) Inc entity was sold and is no longer a subsidiary of the Group.
  • The Group successfully replaced the RCF facility to a term loan which became effective on 15 July 2026 and matures on 30 September 2028.
  • On 15 July 2026, the Group completed an internal balance sheet reorganisation to optimise the capital structure.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

6 outstanding charges
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Outstanding
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Outstanding
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Outstanding
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Outstanding
All Assets · created 2021-02-08
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Outstanding
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Outstanding
Show 2 satisfied / released
Fixed · created 2023-12-01 · satisfied 2025-02-20
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Satisfied
Floating · created 2023-08-08 · satisfied 2025-02-20
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Satisfied