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IETG LIMITED Financials

Company number
05575376Copy
Copy
Registered office
Socotec House Bretby Business Park, Bretby, Burton-On-Trent DE15 0YZ
Incorporated
27/09/2005

Company snapshot

Status
Active
Employees
78 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£4.13M2024
8.19%vs 2023

2023: £3.82M

Total Assets

£9.11M2024
30.23%vs 2023

2023: £6.99M

Cash in Bank

£1.63M2024
228.27%vs 2023

2023: £496.73K

Total Liabilities

£3.06M2024
93.06%vs 2023

2023: £1.58M

Employees

782024
+6vs 2023

2023: 72

In 2024, IETG LIMITED reported net assets of £4.13M. The same filing shows total assets of £9.11M, cash in bank of £1.63M and total liabilities of £3.06M. Reported headcount was 78 in 2024. Total Assets rose from £6.99M in 2023 to £9.11M in 2024 (30.23%). Okredo holds filed figures for 2022–2024; 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

£4.13M2024
8.19%from £3.82M in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures IETG LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.54M2022£4.13M2024
+16.6%vs 2022

+8% a year compound (CAGR)

Cash in Bank

£264.44K2022£1.63M2024
+517%vs 2022

+148% a year compound (CAGR)

Total Assets

£6.24M2022£9.11M2024
+46%vs 2022

+20.8% a year compound (CAGR)

Total Liabilities

£1.52M2022£3.06M2024
+102%vs 2022

+42% a year compound (CAGR)

Employees

642022782024
+21.9%vs 2022+14

Biggest increase

Cash in Bank+517%

£264.44K in 2022 to £1.63M in 2024

Every indicator Okredo holds for IETG LIMITED rose between 2022 and 2024. 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 IETG 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
45.33%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
33.57%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
53.34%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
17.91%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£86.55K2024
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 IETG LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£3.54M3.82M4.13M
Total Assets£6.24M6.99M9.11M
Cash in Bank£264.44K496.73K1.63M
Total Liabilities£1.52M1.58M3.06M
Employees647278

IETG LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for IETG LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

IETG LIMITED reported net assets of £4.13M for 2024. That compares with £3.82M in 2023, a change of 8.19%.

IETG LIMITED reported total assets of £9.11M for 2024. That compares with £6.99M in 2023, a change of 30.23%.

IETG LIMITED reported cash in bank of £1.63M for 2024. That compares with £496.73K in 2023, a change of 228.27%.

IETG LIMITED reported 78 employees in 2024, compared with 72 in 2023.

Between 2022 and 2024, IETG LIMITED's net assets rose by 16.6%, cash in bank rose by 517%, total assets rose by 46% and total liabilities rose by 102%. Net assets compounded at 8% a year across the two years to 2024, from £3.54M to £4.13M. Reported headcount went from 64 in 2022 to 78 in 2024 (+14).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.