Invenio Business Solutions Investment Limited
Private Limited Company · Wokingham
ActiveUnited KingdomIncorporated 2020Private Limited Company
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 · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-03-31Group · AI-read | 2024-03-31Group · 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 employees | 878 | 931 |
| 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 evidence | View 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 chargesAll Assets · created 2026-07-15
—
OutstandingFloating · created 2025-02-03
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OutstandingFloating · created 2023-08-08
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OutstandingAll Assets · created 2022-04-12
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OutstandingAll Assets · created 2021-02-08
—
OutstandingFixed · created 2021-02-08
—
OutstandingShow 2 satisfied / released
Fixed · created 2023-12-01 · satisfied 2025-02-20
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SatisfiedFloating · created 2023-08-08 · satisfied 2025-02-20
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Satisfied