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IGC ENGINEERING LIMITED Financials

Company number
04580729Copy
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Registered office
C/O Ac Accountancy Services (Uk) Ltd 318 Chorley New Road, Horwich, Bolton BL6 5PS
Incorporated
04/11/2002

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£2.17M2024
6.35%vs 2023

2023: £2.04M

Total Assets

£3.43M2024
0.55%vs 2023

2023: £3.41M

Cash in Bank

£2.34M2024
4.29%vs 2023

2023: £2.24M

Total Liabilities

£708.83K2024
-8.91%vs 2023

2023: £778.13K

Employees

42024
+1vs 2023

2023: 3

In 2024, IGC ENGINEERING LIMITED reported net assets of £2.17M. The same filing shows total assets of £3.43M, cash in bank of £2.34M and total liabilities of £708.83K. Reported headcount was 4 in 2024. Net Assets rose from £2.04M in 2023 to £2.17M in 2024 (6.35%). 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

£2.17M2024
6.35%from £2.04M 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 IGC ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.60M2022£2.17M2024
+36%vs 2022

+16.6% a year compound (CAGR)

Cash in Bank

£1.61M2022£2.34M2024
+45.4%vs 2022

+20.6% a year compound (CAGR)

Total Assets

£2.72M2022£3.43M2024
+26%vs 2022

+12.2% a year compound (CAGR)

Total Liabilities

£564.25K2022£708.83K2024
+25.6%vs 2022

+12.1% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Cash in Bank+45.4%

£1.61M in 2022 to £2.34M in 2024

Every measure that changed in IGC ENGINEERING LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IGC ENGINEERING 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
63.48%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
20.69%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
329.43%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
68.17%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

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

Indicator2021202220232024
Net Assets£1.60M1.60M2.04M2.17M
Total Assets£2.77M2.72M3.41M3.43M
Cash in Bank£1.60M1.61M2.24M2.34M
Total Liabilities£586.16K564.25K778.13K708.83K
Employees3434

IGC ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has IGC ENGINEERING LIMITED filed financial statements?

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Yes. Okredo holds filed figures for IGC ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did IGC ENGINEERING LIMITED report in 2024?

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IGC ENGINEERING LIMITED reported net assets of £2.17M for 2024. That compares with £2.04M in 2023, a change of 6.35%.

What total assets did IGC ENGINEERING LIMITED report in 2024?

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IGC ENGINEERING LIMITED reported total assets of £3.43M for 2024. That compares with £3.41M in 2023, a change of 0.55%.

What cash in bank did IGC ENGINEERING LIMITED report in 2024?

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IGC ENGINEERING LIMITED reported cash in bank of £2.34M for 2024. That compares with £2.24M in 2023, a change of 4.29%.

How many people does IGC ENGINEERING LIMITED employ?

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IGC ENGINEERING LIMITED reported 4 employees in 2024, compared with 3 in 2023.

How have IGC ENGINEERING LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, IGC ENGINEERING LIMITED's net assets rose by 36%, cash in bank rose by 45.4%, total assets rose by 26% and total liabilities rose by 25.6%. Net assets compounded at 16.6% a year across the two years to 2024, from £1.60M to £2.17M. Reported headcount went from 4 in 2022 to 4 in 2024.

Which years of IGC ENGINEERING LIMITED financial data are available?

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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.