SM INNOVATION LIMITED
Company number NI616922 · Monitor this company
Executive summary
SM INNOVATION LIMITED is in excellent financial health with a strong growth trajectory, having more than doubled its net assets over two years to £1.3 million while maintaining healthy cash reserves of £563,589 and conservative leverage. The primary area requiring attention is the 151% surge in trade debtors, which may signal emerging collection challenges or extended credit terms that could strain working capital if not managed proactively. With continued disciplined financial management and attention to debtor controls, the company is well-positioned to sustain its growth momentum.
Shareholders' funds
£1,318,450
Balance sheet as at 2025-02-25
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-02-20
- Employees
- 81 (2025 accounts · was 60 in 2024)
- Registered office
- Unit F8 16 Carrowreagh Road, Dundonald, Belfast, Northern Ireland, BT16 1QT
- Postcode
- BT16 1QT
- Capital
- 3 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-02-25
- Next due by
- 2026-11-30
- Financial year end
- 28 February
Confirmation statement
- Last statement dated
- 2025-08-06
- Next due by
- 2026-08-20
Nature of business (SIC)
- 47990 Other retail sale not in stores, stalls or markets
Officers 1 current
Group structure 3 subsidiaries
-
ACUTUS LABORATORIES LTD Active - Proposal to Strike off
-
ELIQUID BRANDS UK LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT F8 INSPIRE BUSINESS PARK 16 CARROWREAGH ROAD, DUNDONALD, BELFAST, BT16 1QT, NORTHERN IRELAND | 2015-12-24 |
| 248 UPPER NEWTOWNARDS ROAD, BELFAST, BT4 3EU | 2015-12-23 |
Among its peers
Top 10%
by shareholders' funds, of 330 similar companies in BT
2nd largest employer among its local peers (81 staff).
Among the oldest 25% of its local peers, trading since 2013.
No.18 of the largest other retail sale not in stores, stalls or markets companies in Belfast →
Competitors Belfast
This company ranks 18 among other retail sale not in stores, stalls or markets in Belfast.
The class of 2013
22%
of the 3,114 companies in this sector incorporated in 2013 are still active today; 75% have since been dissolved.
A fact about the year, not a forecast for this company.