Active

I T BUILDER LIMITED Financials

Company number
04296864Copy
Copy
Registered office
2a Hartham Lane, Hertford SG14 1QN
Incorporated
01/10/2001

Company snapshot

Status
Active
Employees
26 (2024)
Latest financial data
2024
Accounts type
Audit Exemption Subsidiary

Financial highlights

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

Net Assets

£975.44K2024
47.00%vs 2023

2023: £663.55K

Total Assets

£1.61M2024
18.68%vs 2023

2023: £1.35M

Cash in Bank

£730.23K2024
7.56%vs 2023

2023: £678.91K

Total Liabilities

£503.57K2024
-6.69%vs 2023

2023: £539.66K

Employees

262024
+1vs 2023

2023: 25

In 2024, I T BUILDER LIMITED reported net assets of £975.44K. The same filing shows total assets of £1.61M, cash in bank of £730.23K and total liabilities of £503.57K. Reported headcount was 26 in 2024. Net Assets rose from £663.55K in 2023 to £975.44K in 2024 (47.00%). 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

£975.44K2024
47.00%from £663.55K 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 I T BUILDER LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£386.60K2022£975.44K2024
+152%vs 2022

+58.8% a year compound (CAGR)

Cash in Bank

£345.83K2022£730.23K2024
+111%vs 2022

+45.3% a year compound (CAGR)

Total Assets

£934.21K2022£1.61M2024
+71.9%vs 2022

+31.1% a year compound (CAGR)

Total Liabilities

£437.58K2022£503.57K2024
+15.1%vs 2022

+7.3% a year compound (CAGR)

Employees

232022262024
+13%vs 2022+3

Biggest increase

Net Assets+152%

£386.60K in 2022 to £975.44K in 2024

Every indicator Okredo holds for I T BUILDER LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from I T BUILDER 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
60.75%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
31.36%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
145.01%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
45.48%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 T BUILDER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£354.49K386.60K663.55K975.44K
Total Assets£870.50K934.21K1.35M1.61M
Cash in Bank£346.27K345.83K678.91K730.23K
Total Liabilities£407.87K437.58K539.66K503.57K
Employees21232526

I T BUILDER LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for I T BUILDER LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

I T BUILDER LIMITED reported net assets of £975.44K for 2024. That compares with £663.55K in 2023, a change of 47.00%.

I T BUILDER LIMITED reported total assets of £1.61M for 2024. That compares with £1.35M in 2023, a change of 18.68%.

I T BUILDER LIMITED reported cash in bank of £730.23K for 2024. That compares with £678.91K in 2023, a change of 7.56%.

I T BUILDER LIMITED reported 26 employees in 2024, compared with 25 in 2023.

Between 2022 and 2024, I T BUILDER LIMITED's net assets rose by 152%, cash in bank rose by 111%, total assets rose by 71.9% and total liabilities rose by 15.1%. Net assets compounded at 58.8% a year across the two years to 2024, from £386.60K to £975.44K. Reported headcount went from 23 in 2022 to 26 in 2024 (+3).

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.