IRONWORKS UK LIMITED Financials
- Company number
- 02717043CopyCopy
- Registered office
- Wheel Lane Business Park, Westfield, Hastings, East Sussex TN35 4SE
- Incorporated
- 21/05/1992
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
67.16%vs 20242024: £-24.93K
Total Assets
-7.56%vs 20242024: £96.46K
Cash in Bank
-29.63%vs 20212021: £7.53K
Total Liabilities
-19.80%vs 20242024: £121.39K
Employees
0vs 20242024: 0
In 2025, IRONWORKS UK LIMITED reported net assets of £-8.19K. The same filing shows total assets of £89.16K, cash in bank of £5.30K and total liabilities of £97.35K. Reported headcount was 0 in 2025. Total Liabilities fell from £121.39K in 2024 to £97.35K in 2025 (-19.80%). 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
67.16%from £-24.93K 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 IRONWORKS UK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-223%vs 2023Total Assets
-21.8%vs 2023-11.6% a year compound (CAGR)
Employees
-100%vs 2023-5Biggest decrease
Net Assets-223%
£6.68K in 2023 to £-8.19K in 2025
Every indicator Okredo holds for IRONWORKS UK LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IRONWORKS 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
- -9.18%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
- 109.18%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
- 4.39%2022
- 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
- 4.33%2022
- 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 IRONWORKS UK 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£ | 51.00 | 1.86K | 6.68K | -24.93K | -8.19K |
| Total Assets£ | 145.38K | 122.40K | 114.05K | 96.46K | 89.16K |
| Cash in Bank£ | 7.53K | 5.30K | – | – | – |
| Total Liabilities£ | 145.33K | 120.54K | – | 121.39K | 97.35K |
| Employees | 5 | 5 | 5 | 0 | 0 |
IRONWORKS UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IRONWORKS UK LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
IRONWORKS UK LIMITED reported net assets of £-8.19K for 2025. That compares with £-24.93K in 2024, a change of 67.16%.
IRONWORKS UK LIMITED reported total assets of £89.16K for 2025. That compares with £96.46K in 2024, a change of -7.56%.
IRONWORKS UK LIMITED reported cash in bank of £5.30K for 2022. That compares with £7.53K in 2021, a change of -29.63%.
IRONWORKS UK LIMITED reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, IRONWORKS UK LIMITED's net assets fell by 223%, total assets fell by 21.8% and employee numbers fell by 100%. Total assets contracted at 11.6% a year across the two years to 2025, from £114.05K to £89.16K. Reported headcount went from 5 in 2023 to 0 in 2025 (-5).
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.