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IKM TESTING UK LIMITED Financials

Company number
03467183Copy
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Registered office
42 Colbourne Crescent, Nelson Park Ind Est, Cramlington, Northumberland NE23 1WB
Incorporated
18/11/1997

Company snapshot

Status
Active
Employees
224 (2025)
Latest financial data
2025
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2023–2025.

Net Assets

£17.48M2025
9.30%vs 2024

2024: £15.99M

Total Assets

£27.44M2025
14.89%vs 2024

2024: £23.88M

Cash in Bank

£5.04M2025
10.75%vs 2024

2024: £4.55M

Total Liabilities

£6.07M2025
36.07%vs 2024

2024: £4.46M

Employees

2242025
+70vs 2024

2024: 154

In 2025, IKM TESTING UK LIMITED reported net assets of £17.48M. The same filing shows total assets of £27.44M, cash in bank of £5.04M and total liabilities of £6.07M. Reported headcount was 224 in 2025. Total Assets rose from £23.88M in 2024 to £27.44M in 2025 (14.89%). Okredo holds filed figures for 2023–2025; 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

£17.48M2025
9.30%from £15.99M in 2024

Year-on-year change

Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures IKM TESTING UK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£15.58M2023£17.48M2025
+12.2%vs 2023

+5.9% a year compound (CAGR)

Cash in Bank

£3.70M2023£5.04M2025
+36%vs 2023

+16.6% a year compound (CAGR)

Total Assets

£23.28M2023£27.44M2025
+17.8%vs 2023

+8.6% a year compound (CAGR)

Total Liabilities

£4.09M2023£6.07M2025
+48.5%vs 2023

+21.9% a year compound (CAGR)

Employees

17120232242025
+31%vs 2023+53

Biggest increase

Total Liabilities+48.5%

£4.09M in 2023 to £6.07M in 2025

Every indicator Okredo holds for IKM TESTING UK LIMITED rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IKM TESTING UK 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
63.69%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.

Liabilities to total assets
22.13%2025

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
82.96%2025

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
18.36%2025

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

Revenue per employee
£192.77K2025

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 IKM TESTING UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202320242025
Net Assets£15.58M15.99M17.48M
Total Assets£23.28M23.88M27.44M
Cash in Bank£3.70M4.55M5.04M
Total Liabilities£4.09M4.46M6.07M
Employees171154224

IKM TESTING UK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has IKM TESTING UK LIMITED filed financial statements?

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Yes. Okredo holds filed figures for IKM TESTING UK LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did IKM TESTING UK LIMITED report in 2025?

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IKM TESTING UK LIMITED reported net assets of £17.48M for 2025. That compares with £15.99M in 2024, a change of 9.30%.

What total assets did IKM TESTING UK LIMITED report in 2025?

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IKM TESTING UK LIMITED reported total assets of £27.44M for 2025. That compares with £23.88M in 2024, a change of 14.89%.

What cash in bank did IKM TESTING UK LIMITED report in 2025?

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IKM TESTING UK LIMITED reported cash in bank of £5.04M for 2025. That compares with £4.55M in 2024, a change of 10.75%.

How many people does IKM TESTING UK LIMITED employ?

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IKM TESTING UK LIMITED reported 224 employees in 2025, compared with 154 in 2024.

How have IKM TESTING UK LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, IKM TESTING UK LIMITED's net assets rose by 12.2%, cash in bank rose by 36%, total assets rose by 17.8% and total liabilities rose by 48.5%. Net assets compounded at 5.9% a year across the two years to 2025, from £15.58M to £17.48M. Reported headcount went from 171 in 2023 to 224 in 2025 (+53).

Which years of IKM TESTING UK LIMITED financial data are available?

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Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.