IGC ENGINEERING LIMITED Financials
- Company number
- 04580729Copy
Copy
- 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
2023: £2.04M
Total Assets
2023: £3.41M
Cash in Bank
2023: £2.24M
Total Liabilities
2023: £778.13K
Employees
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
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
+16.6% a year compound (CAGR)
Cash in Bank
+20.6% a year compound (CAGR)
Total Assets
+12.2% a year compound (CAGR)
Total Liabilities
+12.1% a year compound (CAGR)
Employees
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
- Liabilities to total assets
- 20.69%2024
- Cash to liabilities
- 329.43%2024
- Cash to total assets
- 68.17%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.60M | 1.60M | 2.04M | 2.17M |
| Total Assets£ | 2.77M | 2.72M | 3.41M | 3.43M |
| Cash in Bank£ | 1.60M | 1.61M | 2.24M | 2.34M |
| Total Liabilities£ | 586.16K | 564.25K | 778.13K | 708.83K |
| Employees | 3 | 4 | 3 | 4 |
IGC ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has IGC ENGINEERING LIMITED filed financial statements?
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?
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?
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?
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?
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?
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?
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.