INNOVEX INTERNATIONAL (EUROPE) LIMITED

Active
Company number SC081748Private limited companyIncorporated 1983

Key figures

£68,087,000-23.3%
Net assets 2024
-23.3%
Average annual change 2023–2024
025 m50 m75 m100 m20232024

† INNOVEX INTERNATIONAL (EUROPE) LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024

Sector comparison

SIC 25110

Where the company stands among the 4,694 active companies whose first SIC code is 25110 (Manufacture of metal structures and parts of structures).

Turnover£46,108,000
Higher than 85% · median £12,414,000 among 184 that publish turnover
Net assets£68,087,000
Higher than 99% · median £85,088
Total assets£120,231,000
Higher than 99% · median £236,960
Cash£11,472,000
Higher than 99% · median £79,729
Employees197
Higher than 99% · median 2
Company age43.7 years
Older than 93% · median 12.6 years
Largest in this sector by net assets
  1. SEVERFIELD PLC£146.6m
  2. AETC LIMITED£109.5m
  3. FORSYTHS LIMITED£85m
  4. J & D PIERCE (CONTRACTS) LTD.£77.9m
  5. SAS HOLDINGS LIMITED£73m
  6. INNOVEX INTERNATIONAL (EUROPE) LIMITED£68.1m
  7. LEVIAT LIMITED£67.3m
  8. ROSS-SHIRE ENGINEERING LIMITED£66.9m
  9. WALTER WATSON LIMITED£64m
  10. WILLIAM HARE LIMITED£57.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 4,694. The line on each bar marks the median.

Summary: INNOVEX INTERNATIONAL (EUROPE) LIMITED

What kind of company is it?

INNOVEX INTERNATIONAL (EUROPE) LIMITED is a private limited company registered with Companies House under company number SC081748. It was incorporated on 10 Feb 1983. Its status is active. The registered office is in Aberdeen (AB21). Its nature of business (SIC 2007) is manufacture of metal structures and parts of structures (25110).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £46,108,000. Loss for the year was £1,252,000. Net assets were £68,087,000, down 23.3% on the previous year. Cash at bank and in hand was £11,472,000. Total assets were £120,231,000 and total liabilities £51,302,000. The company had an average of 197 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 4,694 active companies whose first SIC code is 25110: By turnover it ranks higher than 85% of the 184 that publish turnover (median £12,414,000). By net assets it ranks higher than 99% of them (median £85,088). By total assets it ranks higher than 99% of them (median £236,960). By cash it ranks higher than 99% of them (median £79,729). By number of employees it ranks higher than 99% of them (median 2). It is older than 93% of them (median age 12.6 years).

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly iron and steel articles, machinery, rubber. HMRC lists it as an exporter of goods, mainly iron and steel articles, machinery, rubber. Its gender pay gap report for 2020/21 shows median hourly pay for women 17% lower than for men. It has modern slavery statements on the government registry for 3 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 30 Jul 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover75,544,00046,108,000
Profit for the year4,440,000-1,252,000
Cash at bank and in hand22,999,00011,472,000
Total assets139,276,000120,231,000
Total liabilities49,841,00051,302,000
Net assets / total equity88,785,00068,087,000
Average number of employees221197

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Gender pay gap2020/21
Median hourly pay
women 17% lower
Mean hourly pay
women 19% lower
Median bonus pay
women 171% higher
Employer size
250 to 499 employees
Lower pay quarter23% womenLower middle13% womenUpper middle16% womenUpper pay quarter4% women
Earlier years (3)
Year
Median hourly pay
Mean hourly pay
2019/20
women 43% lower
women 21% lower
2018/19
women 25.2% lower
women 24.3% lower
2017/18
women 25.6% lower
women 23.7% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements3
2023
Statement · summary on GOV.UK
2022
Statement · summary on GOV.UK
2021
Statement · summary on GOV.UK

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: iron and steel articles, machinery, rubber, plastics and tools and cutlery.

Listed by HMRC as an exporter of goods in 11 of the last 12 months on record, most recently August 2026. Main goods: iron and steel articles, machinery, rubber, tools and cutlery and plastics.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

7 events
  1. Name changed to INNOVEX INTERNATIONAL (EUROPE) LIMITEDPreviously DRIL-QUIP (EUROPE) LIMITED
  2. Financial year 2024 endedAccounts: turnover £46.1m, net assets £68.1m, 197 employees
  3. Financial year 2023 endedAccounts: turnover £75.5m, net assets £88.8m, 221 employees
  4. Innovex (International) Uk Holdco Limited registered as a person with significant control
  5. Dril-Quip Inc ceased to be a person with significant control
  6. Dril-Quip Inc registered as a person with significant control
  7. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.