IB HEATING LTD Financials
- Company number
- 10364272CopyCopy
- Registered office
- Chandler Tuck Limited, 30 North Street, Ashford TN24 8JR
- Incorporated
- 07/09/2016
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-414.81%vs 20242024: £493.00
Total Assets
-23.78%vs 20242024: £80.64K
Total Liabilities
-21.37%vs 20242024: £80.15K
Employees
0vs 20242024: 4
In 2025, IB HEATING LTD reported net assets of £-1.55K. The same filing shows total assets of £61.47K and total liabilities of £63.02K. Reported headcount was 4 in 2025. Total Assets fell from £80.64K in 2024 to £61.47K in 2025 (-23.78%). 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
-414.81%from £493.00 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 IB HEATING LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-1426%vs 2023Total Assets
+5.9%vs 2023+2.9% a year compound (CAGR)
Total Liabilities
+8.8%vs 2023+4.3% a year compound (CAGR)
Employees
+33.3%vs 2023+1Biggest increase
Employees+33.3%
3 in 2023 to 4 in 2025
Biggest decrease
Net Assets-1426%
£117.00 in 2023 to £-1.55K in 2025
IB HEATING LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 IB HEATING 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
- -2.52%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
- 102.52%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for IB HEATING 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£ | 14.30K | 4.16K | 117.00 | 493.00 | -1.55K |
| Total Assets£ | 64.67K | 56.05K | 58.05K | 80.64K | 61.47K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 50.37K | 51.89K | 57.94K | 80.15K | 63.02K |
| Employees | 2 | 2 | 3 | 4 | 4 |
IB HEATING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IB HEATING LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
IB HEATING LTD reported net assets of £-1.55K for 2025. That compares with £493.00 in 2024, a change of -414.81%.
IB HEATING LTD reported total assets of £61.47K for 2025. That compares with £80.64K in 2024, a change of -23.78%.
IB HEATING LTD reported total liabilities of £63.02K for 2025. That compares with £80.15K in 2024, a change of -21.37%.
IB HEATING LTD reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, IB HEATING LTD's net assets fell by 1426%, total assets rose by 5.9%, total liabilities rose by 8.8% and employee numbers rose by 33.3%. Total assets compounded at 2.9% a year across the two years to 2025, from £58.05K to £61.47K. Reported headcount went from 3 in 2023 to 4 in 2025 (+1).
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.