I3WORKS LTD Financials
- Company number
- SC477423Copy
Copy - Registered office
- C/O NELSON GILMOUR SMITH, 33 Kittoch Street, East Kilbride, Glasgow G74 4JW
- Incorporated
- 12/05/2014
Company snapshot
- Status
- Active
- Employees
- 142 (2025)
- Latest financial data
- 2025
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
60.70%vs 20242024: £4.34M
Total Assets
25.44%vs 20242024: £9.10M
Cash in Bank
62.98%vs 20242024: £3.84M
Total Liabilities
-6.73%vs 20242024: £4.71M
Employees
-4vs 20242024: 146
In 2025, I3WORKS LTD reported net assets of £6.98M. The same filing shows total assets of £11.41M, cash in bank of £6.26M and total liabilities of £4.40M. Reported headcount was 142 in 2025. Net Assets rose from £4.34M in 2024 to £6.98M in 2025 (60.70%). 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
60.70%from £4.34M in 2024Year-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 I3WORKS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+153%vs 2023+58.9% a year compound (CAGR)
Cash in Bank
+418%vs 2023+128% a year compound (CAGR)
Total Assets
+106%vs 2023+43.5% a year compound (CAGR)
Total Liabilities
+61.3%vs 2023+27% a year compound (CAGR)
Employees
+23.5%vs 2023+27Biggest increase
Cash in Bank+418%
£1.21M in 2023 to £6.26M in 2025
Every indicator Okredo holds for I3WORKS LTD rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from I3WORKS LTD'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
- 61.14%2025
- Liabilities to total assets
- 38.53%2025
- Cash to liabilities
- 142.48%2025
- Cash to total assets
- 54.89%2025
- Revenue per employee
- £268.66K2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
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 I3WORKS LTD 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£ | 2.60M | 2.47M | 2.76M | 4.34M | 6.98M |
| Total Assets£ | 3.84M | 3.65M | 5.54M | 9.10M | 11.41M |
| Cash in Bank£ | 2.59M | 1.75M | 1.21M | 3.84M | 6.26M |
| Total Liabilities£ | 1.39M | 1.15M | 2.73M | 4.71M | 4.40M |
| Employees | 56 | 77 | 115 | 146 | 142 |
I3WORKS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has I3WORKS LTD filed financial statements?
Yes. Okredo holds filed figures for I3WORKS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did I3WORKS LTD report in 2025?
I3WORKS LTD reported net assets of £6.98M for 2025. That compares with £4.34M in 2024, a change of 60.70%.
What total assets did I3WORKS LTD report in 2025?
I3WORKS LTD reported total assets of £11.41M for 2025. That compares with £9.10M in 2024, a change of 25.44%.
What cash in bank did I3WORKS LTD report in 2025?
I3WORKS LTD reported cash in bank of £6.26M for 2025. That compares with £3.84M in 2024, a change of 62.98%.
How many people does I3WORKS LTD employ?
I3WORKS LTD reported 142 employees in 2025, compared with 146 in 2024.
How have I3WORKS LTD financials changed over the last 3 years?
Between 2023 and 2025, I3WORKS LTD's net assets rose by 153%, cash in bank rose by 418%, total assets rose by 106% and total liabilities rose by 61.3%. Net assets compounded at 58.9% a year across the two years to 2025, from £2.76M to £6.98M. Reported headcount went from 115 in 2023 to 142 in 2025 (+27).
Which years of I3WORKS LTD financial data are available?
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.