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1ST IT LIMITED Financials

Company number
10832316Copy
Copy
Registered office
C/O Moracle Limited 960, Capability Green, Luton LU1 3PE
Incorporated
22/06/2017

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£89.81K2024
13.36%vs 2023

2023: £79.23K

Total Assets

£487.75K2024
35.78%vs 2023

2023: £359.21K

Total Liabilities

£397.94K2024
42.13%vs 2023

2023: £279.98K

Employees

32024
0vs 2023

2023: 3

In 2024, 1ST IT LIMITED reported net assets of £89.81K. The same filing shows total assets of £487.75K and total liabilities of £397.94K. Reported headcount was 3 in 2024. Total Assets rose from £359.21K in 2023 to £487.75K in 2024 (35.78%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£89.81K2024
13.36%from £79.23K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures 1ST IT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£47.04K2022£89.81K2024
+90.9%vs 2022

+38.2% a year compound (CAGR)

Total Assets

£253.00K2022£487.75K2024
+92.8%vs 2022

+38.8% a year compound (CAGR)

Total Liabilities

£205.96K2022£397.94K2024
+93.2%vs 2022

+39% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Total Liabilities+93.2%

£205.96K in 2022 to £397.94K in 2024

Every measure that changed in 1ST IT LIMITED's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets and total assets climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from 1ST IT LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
18.41%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
81.59%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for 1ST IT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£25.31K47.04K79.23K89.81K
Total Assets£96.91K253.00K359.21K487.75K
Cash in Bank£––––
Total Liabilities£71.59K205.96K279.98K397.94K
Employees2333

1ST IT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for 1ST IT LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

1ST IT LIMITED reported net assets of £89.81K for 2024. That compares with £79.23K in 2023, a change of 13.36%.

1ST IT LIMITED reported total assets of £487.75K for 2024. That compares with £359.21K in 2023, a change of 35.78%.

1ST IT LIMITED reported total liabilities of £397.94K for 2024. That compares with £279.98K in 2023, a change of 42.13%.

1ST IT LIMITED reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, 1ST IT LIMITED's net assets rose by 90.9%, total assets rose by 92.8%, total liabilities rose by 93.2% and employee numbers was unchanged. Net assets compounded at 38.2% a year across the two years to 2024, from £47.04K to £89.81K. Reported headcount went from 3 in 2022 to 3 in 2024.

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.