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IT CONSULTANTS SERVICES LTD. Financials

Company number
07909062Copy
Copy
Registered office
15 Porthcurno, St. Levan, Penzance TR19 6JU
Incorporated
13/01/2012

Company snapshot

Status
Active
Employees
11 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£5.32M2024
24.68%vs 2023

2023: £4.27M

Total Assets

£5.01M2024
15.71%vs 2023

2023: £4.33M

Total Liabilities

£-313.29K2024
-619.57%vs 2023

2023: £60.30K

Employees

112024
-1vs 2023

2023: 12

In 2024, IT CONSULTANTS SERVICES LTD. reported net assets of £5.32M. The same filing shows total assets of £5.01M and total liabilities of £-313.29K. Reported headcount was 11 in 2024. Net Assets rose from £4.27M in 2023 to £5.32M in 2024 (24.68%). Okredo holds filed figures for 2021–2024; 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

£5.32M2024
24.68%from £4.27M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

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

Net Assets

£2.62M2022£5.32M2024
+103%vs 2022

+42.5% a year compound (CAGR)

Total Assets

£2.66M2022£5.01M2024
+88.3%vs 2022

+37.2% a year compound (CAGR)

Total Liabilities

£40.78K2022£-313.29K2024
-868%vs 2022

Employees

82022112024
+37.5%vs 2022+3

Biggest increase

Net Assets+103%

£2.62M in 2022 to £5.32M in 2024

Biggest decrease

Total Liabilities-868%

£40.78K in 2022 to £-313.29K in 2024

IT CONSULTANTS SERVICES LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IT CONSULTANTS 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
106.27%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
-6.25%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 IT CONSULTANTS SERVICES LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£597.00K2.62M4.27M5.32M
Total Assets£596.00K2.66M4.33M5.01M
Cash in Bank£––––
Total Liabilities£0.0040.78K60.30K-313.29K
Employees481211

IT CONSULTANTS SERVICES LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for IT CONSULTANTS SERVICES LTD. covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

IT CONSULTANTS SERVICES LTD. reported net assets of £5.32M for 2024. That compares with £4.27M in 2023, a change of 24.68%.

IT CONSULTANTS SERVICES LTD. reported total assets of £5.01M for 2024. That compares with £4.33M in 2023, a change of 15.71%.

IT CONSULTANTS SERVICES LTD. reported total liabilities of £-313.29K for 2024. That compares with £60.30K in 2023, a change of -619.57%.

IT CONSULTANTS SERVICES LTD. reported 11 employees in 2024, compared with 12 in 2023.

Between 2022 and 2024, IT CONSULTANTS SERVICES LTD.'s net assets rose by 103%, total assets rose by 88.3%, total liabilities fell by 868% and employee numbers rose by 37.5%. Net assets compounded at 42.5% a year across the two years to 2024, from £2.62M to £5.32M. Reported headcount went from 8 in 2022 to 11 in 2024 (+3).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.