EXPANDABLE IT LIMITED Financials
- Company number
- 05046576CopyCopy
- Registered office
- 1 Strines Grove, Hull HU8 9XF
- Incorporated
- 17/02/2004
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £10.53K
Total Assets
2024: £15.35K
Cash in Bank
2023: £7.16K
Total Liabilities
2024: £3.81K
Employees
2024: 3
In 2025, EXPANDABLE IT LIMITED reported net assets of £11.81K. The same filing shows total assets of £15.53K, cash in bank of £8.46K and total liabilities of £3.72K. Reported headcount was 3 in 2025. Cash in Bank rose from £7.16K in 2023 to £8.46K in 2024 (18.14%). Okredo holds filed figures for 2021–2025; 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
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures EXPANDABLE IT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+13.8% a year compound (CAGR)
Total Assets
+1.4% a year compound (CAGR)
Total Liabilities
-10.3% a year compound (CAGR)
Employees
Biggest increase
Net Assets+29.5%
£9.12K in 2023 to £11.81K in 2025
Biggest decrease
Total Liabilities-19.5%
£4.62K in 2023 to £3.72K in 2025
EXPANDABLE IT LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EXPANDABLE 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
- 76.05%2025
- 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
- 23.95%2025
- 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.
- Cash to liabilities
- 221.86%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 55.08%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £2.31K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for EXPANDABLE IT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 13.62K | 7.28K | 9.12K | 10.53K | 11.81K |
| Total Assets£ | 16.15K | 29.03K | 15.09K | 15.35K | 15.53K |
| Cash in Bank£ | 9.53K | 13.54K | 7.16K | 8.46K | – |
| Total Liabilities£ | 1.69K | 19.95K | 4.62K | 3.81K | 3.72K |
| Employees | 3 | 3 | 3 | 3 | 3 |
EXPANDABLE IT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EXPANDABLE IT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
EXPANDABLE IT LIMITED reported net assets of £11.81K for 2025. That compares with £10.53K in 2024, a change of 12.16%.
EXPANDABLE IT LIMITED reported total assets of £15.53K for 2025. That compares with £15.35K in 2024, a change of 1.14%.
EXPANDABLE IT LIMITED reported cash in bank of £8.46K for 2024. That compares with £7.16K in 2023, a change of 18.14%.
EXPANDABLE IT LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, EXPANDABLE IT LIMITED's net assets rose by 29.5%, total assets rose by 2.9%, total liabilities fell by 19.5% and employee numbers was unchanged. Net assets compounded at 13.8% a year across the two years to 2025, from £9.12K to £11.81K. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.