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IRC SERVICES LTD Financials

Company number
13792315Copy
Copy
Registered office
Regional House Arlesey Suite, 28 -34 Chapel Street, Luton LU1 2SE
Incorporated
09/12/2021

Company snapshot

Status
Active
Employees
26 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£1.76M2024
42.51%vs 2023

2023: £1.23M

Total Assets

£1.80M2024
41.29%vs 2023

2023: £1.27M

Total Liabilities

£37.94K2024
-2.70%vs 2023

2023: £39.00K

Employees

262024
+5vs 2023

2023: 21

In 2024, IRC SERVICES LTD reported net assets of £1.76M. The same filing shows total assets of £1.80M and total liabilities of £37.94K. Reported headcount was 26 in 2024. Total Assets rose from £1.27M in 2023 to £1.80M in 2024 (41.29%). Okredo holds filed figures for 2022–2024; 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

£1.76M2024
42.51%from £1.23M in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures IRC SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£963.88K2022£1.76M2024
+82.4%vs 2022

+35% a year compound (CAGR)

Total Assets

£997.40K2022£1.80M2024
+80.6%vs 2022

+34.4% a year compound (CAGR)

Total Liabilities

£33.52K2022£37.94K2024
+13.2%vs 2022

+6.4% a year compound (CAGR)

Employees

142022262024
+85.7%vs 2022+12

Biggest increase

Employees+85.7%

14 in 2022 to 26 in 2024

Every indicator Okredo holds for IRC SERVICES LTD rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 IRC SERVICES 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
97.59%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.
Liabilities to total assets
2.11%2024
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for IRC SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£963.88K1.23M1.76M
Total Assets£997.40K1.27M1.80M
Cash in Bank£–––
Total Liabilities£33.52K39.00K37.94K
Employees142126

IRC SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for IRC SERVICES LTD covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.

IRC SERVICES LTD reported net assets of £1.76M for 2024. That compares with £1.23M in 2023, a change of 42.51%.

IRC SERVICES LTD reported total assets of £1.80M for 2024. That compares with £1.27M in 2023, a change of 41.29%.

IRC SERVICES LTD reported total liabilities of £37.94K for 2024. That compares with £39.00K in 2023, a change of -2.70%.

IRC SERVICES LTD reported 26 employees in 2024, compared with 21 in 2023.

Between 2022 and 2024, IRC SERVICES LTD's net assets rose by 82.4%, total assets rose by 80.6%, total liabilities rose by 13.2% and employee numbers rose by 85.7%. Net assets compounded at 35% a year across the two years to 2024, from £963.88K to £1.76M. Reported headcount went from 14 in 2022 to 26 in 2024 (+12).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.