I C T EXPRESS LIMITED Financials
- Company number
- 03323042CopyCopy
- Registered office
- North 4 Channel Close, Stanford-Le-Hope, Essex SS17 9FJ
- Incorporated
- 24/02/1997
Company snapshot
- Status
- Active
- Employees
- 35 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-97.13%vs 20232023: £383.10K
Total Assets
-15.98%vs 20232023: £1.52M
Cash in Bank
-54.85%vs 20232023: £101.29K
Total Liabilities
15.74%vs 20232023: £1.01M
Employees
-1vs 20232023: 36
In 2024, I C T EXPRESS LIMITED reported net assets of £10.99K. The same filing shows total assets of £1.27M, cash in bank of £45.74K and total liabilities of £1.17M. Reported headcount was 35 in 2024. Net Assets fell from £383.10K in 2023 to £10.99K in 2024 (-97.13%). 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
-97.13%from £383.10K in 2023Year-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 I C T EXPRESS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-93.3%vs 2022-74% a year compound (CAGR)
Cash in Bank
-64.8%vs 2022-40.7% a year compound (CAGR)
Total Assets
-5.8%vs 2022-2.9% a year compound (CAGR)
Total Liabilities
+5.7%vs 2022+2.8% a year compound (CAGR)
Employees
-10.3%vs 2022-4Biggest increase
Total Liabilities+5.7%
£1.11M in 2022 to £1.17M in 2024
Biggest decrease
Net Assets-93.3%
£163.10K in 2022 to £10.99K in 2024
I C T EXPRESS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from I C T EXPRESS 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
- 0.86%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
- 92.16%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.
- Cash to liabilities
- 3.90%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
- 3.59%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for I C T EXPRESS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 388.40K | 163.10K | 383.10K | 10.99K |
| Total Assets£ | 1.57M | 1.35M | 1.52M | 1.27M |
| Cash in Bank£ | 432.67K | 129.90K | 101.29K | 45.74K |
| Total Liabilities£ | 1.10M | 1.11M | 1.01M | 1.17M |
| Employees | 39 | 39 | 36 | 35 |
I C T EXPRESS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for I C T EXPRESS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
I C T EXPRESS LIMITED reported net assets of £10.99K for 2024. That compares with £383.10K in 2023, a change of -97.13%.
I C T EXPRESS LIMITED reported total assets of £1.27M for 2024. That compares with £1.52M in 2023, a change of -15.98%.
I C T EXPRESS LIMITED reported cash in bank of £45.74K for 2024. That compares with £101.29K in 2023, a change of -54.85%.
I C T EXPRESS LIMITED reported 35 employees in 2024, compared with 36 in 2023.
Between 2022 and 2024, I C T EXPRESS LIMITED's net assets fell by 93.3%, cash in bank fell by 64.8%, total assets fell by 5.8% and total liabilities rose by 5.7%. Net assets contracted at 74% a year across the two years to 2024, from £163.10K to £10.99K. Reported headcount went from 39 in 2022 to 35 in 2024 (-4).
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.