INDEPENDENT DUCTWORK LIMITED Financials
- Company number
- 02693398CopyCopy
- Registered office
- Stephenson Road, Basingstoke, Hampshire RG21 6XR
- Incorporated
- 03/03/1992
Company snapshot
- Status
- Active
- Employees
- 25 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2.89%vs 20242024: £1.82M
Total Assets
-0.02%vs 20242024: £2.30M
Cash in Bank
3.05%vs 20242024: £876.84K
Total Liabilities
-10.92%vs 20242024: £485.11K
Employees
-3vs 20242024: 28
In 2025, INDEPENDENT DUCTWORK LIMITED reported net assets of £1.87M. The same filing shows total assets of £2.30M, cash in bank of £903.59K and total liabilities of £432.16K. Reported headcount was 25 in 2025. Total Liabilities fell from £485.11K in 2024 to £432.16K in 2025 (-10.92%). 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
2.89%from £1.82M in 2024Year-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 INDEPENDENT DUCTWORK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+5.6%vs 2023+2.7% a year compound (CAGR)
Cash in Bank
+1.9%vs 2023+0.9% a year compound (CAGR)
Total Assets
+2.4%vs 2023+1.2% a year compound (CAGR)
Total Liabilities
-9.5%vs 2023-4.9% a year compound (CAGR)
Employees
-10.7%vs 2023-3Biggest increase
Net Assets+5.6%
£1.77M in 2023 to £1.87M in 2025
Biggest decrease
Employees-10.7%
28 in 2023 to 25 in 2025
INDEPENDENT DUCTWORK LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INDEPENDENT DUCTWORK 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
- 81.23%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
- 18.77%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
- 209.09%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
- 39.24%2025
- 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 INDEPENDENT DUCTWORK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.23M | 1.40M | 1.77M | 1.82M | 1.87M |
| Total Assets£ | 1.79M | 2.04M | 2.25M | 2.30M | 2.30M |
| Cash in Bank£ | 339.05K | 258.74K | 886.89K | 876.84K | 903.59K |
| Total Liabilities£ | 553.42K | 643.03K | 477.68K | 485.11K | 432.16K |
| Employees | 22 | 23 | 28 | 28 | 25 |
INDEPENDENT DUCTWORK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INDEPENDENT DUCTWORK LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
INDEPENDENT DUCTWORK LIMITED reported net assets of £1.87M for 2025. That compares with £1.82M in 2024, a change of 2.89%.
INDEPENDENT DUCTWORK LIMITED reported total assets of £2.30M for 2025. That compares with £2.30M in 2024, a change of -0.02%.
INDEPENDENT DUCTWORK LIMITED reported cash in bank of £903.59K for 2025. That compares with £876.84K in 2024, a change of 3.05%.
INDEPENDENT DUCTWORK LIMITED reported 25 employees in 2025, compared with 28 in 2024.
Between 2023 and 2025, INDEPENDENT DUCTWORK LIMITED's net assets rose by 5.6%, cash in bank rose by 1.9%, total assets rose by 2.4% and total liabilities fell by 9.5%. Net assets compounded at 2.7% a year across the two years to 2025, from £1.77M to £1.87M. Reported headcount went from 28 in 2023 to 25 in 2025 (-3).
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.