THE INNOVATION PRACTICE LIMITED

10045625
Active Bury St. Edmunds

Other business support service activities n.e.c.

2 employees website.com
Other business support service activities n.e.c.
T

THE INNOVATION PRACTICE LIMITED

10045625

Other business support service activities n.e.c.

Founded 7 Mar 2016 Active Bury St. Edmunds, England 2 employees website.com
Other business support service activities n.e.c.

Previous Company Names

LUDOCO LIMITED 7 Mar 2016 — 21 Feb 2018
Accounts Submitted 31 Oct 2025 Next due 31 Dec 2026 6 months remaining
Confirmation Submitted 23 Mar 2026 Next due 20 Mar 2027 9 months remaining
Net assets £37K £5K 2024 year on year
Total assets £40K £14K 2024 year on year
Total Liabilities £3K £9K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Eldo House Kempson Way Bury St. Edmunds Suffolk IP32 7AR England

Telephone

0800 000 0000

Website

www.example.com

Full company profile for THE INNOVATION PRACTICE LIMITED (10045625), an active company based in Bury St. Edmunds, England. Incorporated 7 Mar 2016. Other business support service activities n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Apr → 31 Mar 2025
Type total-exemption-full
Next accounts 31 Mar 2026
Due by 31 Dec 2026 6 months remaining

Net Assets, Total Assets & Total Liabilities (2016–2024)

Cash in Bank

£25.95k

Decreased by £15.15k (-37%)

Net Assets

£37.34k

Decreased by £5.00k (-12%)

Total Liabilities

£3.15k

Decreased by £9.15k (-74%)

Turnover

N/A

Employees

2

Debt Ratio

8%

Decreased by 15 (-65%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
31 Mar Year End
2024
31 Mar Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 100 Shares £100 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
21 Feb 202250£50£1
21 Feb 202250£50£1

Officers

Officers

2 active
Status
Chapman, JoanneDirectorBritishEngland5630 May 2019Active
Chapman, Ludovic JamesDirectorBritishEngland667 Mar 2016Active

Shareholders

Shareholders (4)

Joanne Chapman
25.0%
50
Ludovic James Chapman
25.0%
50

Persons with Significant Control

Persons with Significant Control (3)

3 Active

Joanne Chapman

British

Active
Notified 30 May 2019
Residence England
DOB April 1970
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Mr Ludovic James Chapman

British

Active
Notified 6 Apr 2016
Residence England
DOB May 1960
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Mrs Joanne Chapman

British

Active
Notified 30 May 2019
Residence England
DOB April 1970
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
23 Mar 2026Confirmation StatementConfirmation statement made on 6 Mar 2026 with no updates
31 Oct 2025AccountsAnnual accounts made up to 31 Mar 2025
17 Mar 2025Confirmation StatementConfirmation statement made on 6 Mar 2025 with no updates
18 Dec 2024AccountsAnnual accounts made up to 31 Mar 2024
5 Dec 2024OfficersChange to director Mr Ludovic James Chapman on 20 Nov 2024
23 Mar 2026 Confirmation Statement

Confirmation statement made on 6 Mar 2026 with no updates

31 Oct 2025 Accounts

Annual accounts made up to 31 Mar 2025

17 Mar 2025 Confirmation Statement

Confirmation statement made on 6 Mar 2025 with no updates

18 Dec 2024 Accounts

Annual accounts made up to 31 Mar 2024

5 Dec 2024 Officers

Change to director Mr Ludovic James Chapman on 20 Nov 2024

Recent Activity

Latest Activity

Confirmation statement made on 6 Mar 2026 with no updates

2 months ago on 23 Mar 2026

Annual accounts made up to 31 Mar 2025

7 months ago on 31 Oct 2025

Confirmation statement made on 6 Mar 2025 with no updates

1 years ago on 17 Mar 2025

Annual accounts made up to 31 Mar 2024

1 years ago on 18 Dec 2024

Change to director Mr Ludovic James Chapman on 20 Nov 2024

1 years ago on 5 Dec 2024