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IG-NITE POWER LTD Financials

Company number
07896048Copy
Copy
Registered office
Bradford Business Courts Suite 116, 123-131 Bradford Street, Birmingham, West Midlands B12 0NS
Incorporated
03/01/2012

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-50.72K2025
-256.49%vs 2024

2024: £32.41K

Total Assets

£31.59K2024
15.90%vs 2023

2023: £27.26K

Total Liabilities

£0.002025
100.00%vs 2024

2024: £-815.00

Employees

32025
-2vs 2024

2024: 5

In 2025, IG-NITE POWER LTD reported net assets of £-50.72K. The same filing shows total assets of £31.59K and total liabilities of £0.00. Reported headcount was 3 in 2025. Net Assets fell from £32.41K in 2024 to £-50.72K in 2025 (-256.49%). 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

£-50.72K2025
-256.49%from £32.41K in 2024

Year-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 IG-NITE POWER LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£18.04K2023£-50.72K2025
-381%vs 2023

Total Liabilities

£9.22K2023£0.002025
-100%vs 2023

Employees

4202332025
-25%vs 2023-1

Biggest decrease

Net Assets-381%

£18.04K in 2023 to £-50.72K in 2025

Every indicator Okredo holds for IG-NITE POWER LTD fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IG-NITE POWER 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
102.58%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
-2.58%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.
Revenue per employee
£8.09K2025
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 IG-NITE POWER LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£60.40K16.23K18.04K32.41K-50.72K
Total Assets£61.21K16.23K27.26K31.59K–
Cash in Bank£–––––
Total Liabilities£805.000.009.22K-815.000.00
Employees32453

IG-NITE POWER LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for IG-NITE POWER LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

IG-NITE POWER LTD reported net assets of £-50.72K for 2025. That compares with £32.41K in 2024, a change of -256.49%.

IG-NITE POWER LTD reported total assets of £31.59K for 2024. That compares with £27.26K in 2023, a change of 15.90%.

IG-NITE POWER LTD reported total liabilities of £0.00 for 2025. That compares with £-815.00 in 2024, a change of 100.00%.

IG-NITE POWER LTD reported 3 employees in 2025, compared with 5 in 2024.

Between 2023 and 2025, IG-NITE POWER LTD's net assets fell by 381%, total liabilities fell by 100% and employee numbers fell by 25%. Reported headcount went from 4 in 2023 to 3 in 2025 (-1). The largest fall over the period was net assets, down 381% from £18.04K to £-50.72K.

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.