IKM SUBSEA UK LTD Financials
- Company number
- SC491927Copy
Copy - Registered office
- Ikm Subsea Uk C/O Ikm Testing Uk Limited, Westhill Business Park, Westhill AB32 6JL
- Incorporated
- 24/11/2014
Company snapshot
- Status
- Active
- Employees
- 2 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
97.03%vs 20242024: £-1.44M
Total Assets
26.49%vs 20242024: £207.60K
Cash in Bank
28.15%vs 20242024: £156.32K
Total Liabilities
-81.47%vs 20242024: £1.65M
Employees
-4vs 20242024: 6
In 2025, IKM SUBSEA UK LTD reported net assets of £-42.74K. The same filing shows total assets of £262.59K, cash in bank of £200.32K and total liabilities of £305.33K. Reported headcount was 2 in 2025. Net Assets rose from £-1.44M in 2024 to £-42.74K in 2025 (97.03%). Okredo holds filed figures for 2022–2025; 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
97.03%from £-1.44M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures IKM SUBSEA UK LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+54.6%vs 2023+24.4% a year compound (CAGR)
Total Assets
-61.6%vs 2023-38% a year compound (CAGR)
Total Liabilities
-86.3%vs 2023-63.1% a year compound (CAGR)
Employees
-83.3%vs 2023-10Biggest increase
Cash in Bank+54.6%
£129.54K in 2023 to £200.32K in 2025
Biggest decrease
Total Liabilities-86.3%
£2.24M in 2023 to £305.33K in 2025
IKM SUBSEA UK LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IKM SUBSEA UK 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
- -16.27%2025
- Liabilities to total assets
- 116.27%2025
- Cash to liabilities
- 65.61%2025
- Cash to total assets
- 76.29%2025
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 IKM SUBSEA UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | -364.40K | -1.55M | -1.44M | -42.74K |
| Total Assets£ | 3.60M | 683.24K | 207.60K | 262.59K |
| Cash in Bank£ | 1.02M | 129.54K | 156.32K | 200.32K |
| Total Liabilities£ | 3.96M | 2.24M | 1.65M | 305.33K |
| Employees | 32 | 12 | 6 | 2 |
IKM SUBSEA UK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has IKM SUBSEA UK LTD filed financial statements?
Yes. Okredo holds filed figures for IKM SUBSEA UK LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did IKM SUBSEA UK LTD report in 2025?
IKM SUBSEA UK LTD reported net assets of £-42.74K for 2025. That compares with £-1.44M in 2024, a change of 97.03%.
What total assets did IKM SUBSEA UK LTD report in 2025?
IKM SUBSEA UK LTD reported total assets of £262.59K for 2025. That compares with £207.60K in 2024, a change of 26.49%.
What cash in bank did IKM SUBSEA UK LTD report in 2025?
IKM SUBSEA UK LTD reported cash in bank of £200.32K for 2025. That compares with £156.32K in 2024, a change of 28.15%.
How many people does IKM SUBSEA UK LTD employ?
IKM SUBSEA UK LTD reported 2 employees in 2025, compared with 6 in 2024.
How have IKM SUBSEA UK LTD financials changed over the last 3 years?
Between 2023 and 2025, IKM SUBSEA UK LTD's cash in bank rose by 54.6%, total assets fell by 61.6%, total liabilities fell by 86.3% and employee numbers fell by 83.3%. Cash in bank compounded at 24.4% a year across the two years to 2025, from £129.54K to £200.32K. Reported headcount went from 12 in 2023 to 2 in 2025 (-10).
Which years of IKM SUBSEA UK LTD financial data are available?
Okredo holds reported figures for the years 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.