IONIC PRODUCTS LTD Financials
- Company number
- NI666477CopyCopy
- Registered office
- 26 Altona Road, Lisburn, Down BT27 5QB
- Incorporated
- 11/12/2019
Company snapshot
- Status
- Active
- Employees
- 54 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-30.46%vs 20242024: £3.45M
Total Assets
-10.18%vs 20242024: £5.57M
Cash in Bank
40.18%vs 20242024: £1.12M
Total Liabilities
22.83%vs 20242024: £2.12M
Employees
+5vs 20242024: 49
In 2025, IONIC PRODUCTS LTD reported net assets of £2.40M. The same filing shows total assets of £5.00M, cash in bank of £1.58M and total liabilities of £2.60M. Reported headcount was 54 in 2025. Net Assets fell from £3.45M in 2024 to £2.40M in 2025 (-30.46%). 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
-30.46%from £3.45M 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 IONIC PRODUCTS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-19.9%vs 2023-10.5% a year compound (CAGR)
Cash in Bank
-22.5%vs 2023-12% a year compound (CAGR)
Total Assets
-14%vs 2023-7.3% a year compound (CAGR)
Total Liabilities
-7.8%vs 2023-4% a year compound (CAGR)
Employees
+12.5%vs 2023+6Biggest increase
Employees+12.5%
48 in 2023 to 54 in 2025
Biggest decrease
Cash in Bank-22.5%
£2.03M in 2023 to £1.58M in 2025
IONIC PRODUCTS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IONIC PRODUCTS 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
- 47.96%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
- 52.04%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
- 60.54%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
- 31.51%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 IONIC PRODUCTS LTD 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£ | 1.62M | 2.43M | 2.99M | 3.45M | 2.40M |
| Total Assets£ | 4.47M | 5.04M | 5.82M | 5.57M | 5.00M |
| Cash in Bank£ | 2.51M | 2.71M | 2.03M | 1.12M | 1.58M |
| Total Liabilities£ | 2.86M | 2.61M | 2.82M | 2.12M | 2.60M |
| Employees | 37 | 41 | 48 | 49 | 54 |
IONIC PRODUCTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IONIC PRODUCTS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
IONIC PRODUCTS LTD reported net assets of £2.40M for 2025. That compares with £3.45M in 2024, a change of -30.46%.
IONIC PRODUCTS LTD reported total assets of £5.00M for 2025. That compares with £5.57M in 2024, a change of -10.18%.
IONIC PRODUCTS LTD reported cash in bank of £1.58M for 2025. That compares with £1.12M in 2024, a change of 40.18%.
IONIC PRODUCTS LTD reported 54 employees in 2025, compared with 49 in 2024.
Between 2023 and 2025, IONIC PRODUCTS LTD's net assets fell by 19.9%, cash in bank fell by 22.5%, total assets fell by 14% and total liabilities fell by 7.8%. Net assets contracted at 10.5% a year across the two years to 2025, from £2.99M to £2.40M. Reported headcount went from 48 in 2023 to 54 in 2025 (+6).
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.