{"name":"INNDECS LIMITED","company_number":"03434002","status":"Active","type":"Private Limited Company","incorporated":"1997-09-15","dissolved":null,"registered_office":"Office 4 Sunningend Business Centre, 22 Lansdown Industrial Estate, Cheltenham, Gloucestershire, United Kingdom, GL51 8PL","postcode":"GL51 8PL","sic_codes":[{"code":43290,"description":"Other construction installation"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"30 November","last_made_up_to":"2025-11-30","next_due":"2027-08-31"},"employees":{"count":6,"accounts_date":"2025-11-30"},"financials":[{"financial_date":"2025-11-30","net_assets":-161195,"cash":3039,"average_employees":6},{"financial_date":"2024-11-30","net_assets":72656,"cash":32643,"average_employees":6},{"financial_date":"2023-11-30","net_assets":128471,"cash":149723,"average_employees":6},{"financial_date":"2022-11-30","net_assets":186164,"cash":41854},{"financial_date":"2021-11-30","net_assets":94048,"cash":47525}],"officers":{"current":3,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"INNDECS LIMITED is a long-established but small-scale construction installation subcontractor whose FY2024 results reveal a significant deterioration in financial health, with net assets declining 43% and cash reserves falling 78% year-on-year. The surge in stocks to £94,786—highly atypical for an installation business—alongside a substantial retained loss, suggests the company may be experiencing contract difficulties, margin compression from sector cost inflation, or working capital strain from project timing mismatches. While the family-owned structure and 27-year trading history provide some resilience, the current liquidity position (cash covering only 19% of current liabilities) leaves the business vulnerable to the payment delays and retentions that characterise the UK construction sector.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/inndecs","people":"https://www.companiesintheuk.co.uk/company/inndecs/people","filing_history":"https://www.companiesintheuk.co.uk/company/inndecs/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03434002","financials":"https://www.companiesintheuk.co.uk/company/inndecs/financial","control":"https://www.companiesintheuk.co.uk/company/inndecs/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/inndecs/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/inndecs"}