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IBPS DRAUGHTING LIMITED Financials

Company number
04452439Copy
Copy
Registered office
F17 Node Cowork 1 Enterprise Road, Fremington, Barnstaple, Devon EX31 3YB
Incorporated
31/05/2002

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£1.13K2024
-95.19%vs 2023

2023: £23.54K

Total Assets

£80.16K2024
-25.96%vs 2023

2023: £108.27K

Total Liabilities

£79.03K2024
-6.74%vs 2023

2023: £84.73K

Employees

42024
-1vs 2023

2023: 5

In 2024, IBPS DRAUGHTING LIMITED reported net assets of £1.13K. The same filing shows total assets of £80.16K and total liabilities of £79.03K. Reported headcount was 4 in 2024. Total Assets fell from £108.27K in 2023 to £80.16K in 2024 (-25.96%). 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

£1.13K2024
-95.19%from £23.54K 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 IBPS DRAUGHTING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£17.43K2022£1.13K2024
-93.5%vs 2022

-74.5% a year compound (CAGR)

Total Assets

£107.37K2022£80.16K2024
-25.3%vs 2022

-13.6% a year compound (CAGR)

Total Liabilities

£89.94K2022£79.03K2024
-12.1%vs 2022

-6.3% a year compound (CAGR)

Employees

5202242024
-20%vs 2022-1

Biggest decrease

Net Assets-93.5%

£17.43K in 2022 to £1.13K in 2024

Every indicator Okredo holds for IBPS DRAUGHTING LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IBPS DRAUGHTING 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
1.41%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
98.59%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for IBPS DRAUGHTING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£47.15K17.43K23.54K1.13K
Total Assets£164.19K107.37K108.27K80.16K
Cash in Bank£––––
Total Liabilities£117.04K89.94K84.73K79.03K
Employees5554

IBPS DRAUGHTING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for IBPS DRAUGHTING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

IBPS DRAUGHTING LIMITED reported net assets of £1.13K for 2024. That compares with £23.54K in 2023, a change of -95.19%.

IBPS DRAUGHTING LIMITED reported total assets of £80.16K for 2024. That compares with £108.27K in 2023, a change of -25.96%.

IBPS DRAUGHTING LIMITED reported total liabilities of £79.03K for 2024. That compares with £84.73K in 2023, a change of -6.74%.

IBPS DRAUGHTING LIMITED reported 4 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, IBPS DRAUGHTING LIMITED's net assets fell by 93.5%, total assets fell by 25.3%, total liabilities fell by 12.1% and employee numbers fell by 20%. Net assets contracted at 74.5% a year across the two years to 2024, from £17.43K to £1.13K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).

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.