IT ENGAGE LTD Financials
- Company number
- SC308599Copy
Copy - Registered office
- 11 South Chesters Place, Bonnyrigg EH19 3GH
- Incorporated
- 14/09/2006
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.31%vs 20232023: £1.33K
Total Assets
10.10%vs 20232023: £27.72K
Total Liabilities
10.77%vs 20232023: £26.39K
Employees
+1vs 20232023: 4
In 2024, IT ENGAGE LTD reported net assets of £1.28K. The same filing shows total assets of £30.52K and total liabilities of £29.23K. Reported headcount was 5 in 2024. Total Liabilities rose from £26.39K in 2023 to £29.23K in 2024 (10.77%). 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
-3.31%from £1.33K in 2023Year-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 ENGAGE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-1.5%vs 2022-0.7% a year compound (CAGR)
Total Assets
+86.5%vs 2022+36.6% a year compound (CAGR)
Total Liabilities
+94.1%vs 2022+39.3% a year compound (CAGR)
Employees
+25%vs 2022+1Biggest increase
Total Liabilities+94.1%
£15.06K in 2022 to £29.23K in 2024
Biggest decrease
Net Assets-1.5%
£1.30K in 2022 to £1.28K in 2024
IT ENGAGE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IT ENGAGE 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
- 4.21%2024
- Liabilities to total assets
- 95.79%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.
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 ENGAGE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 7.22K | 1.30K | 1.33K | 1.28K |
| Total Assets£ | 22.95K | 16.37K | 27.72K | 30.52K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 15.73K | 15.06K | 26.39K | 29.23K |
| Employees | 3 | 4 | 4 | 5 |
IT ENGAGE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has IT ENGAGE LTD filed financial statements?
Yes. Okredo holds filed figures for IT ENGAGE LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did IT ENGAGE LTD report in 2024?
IT ENGAGE LTD reported net assets of £1.28K for 2024. That compares with £1.33K in 2023, a change of -3.31%.
What total assets did IT ENGAGE LTD report in 2024?
IT ENGAGE LTD reported total assets of £30.52K for 2024. That compares with £27.72K in 2023, a change of 10.10%.
What total liabilities did IT ENGAGE LTD report in 2024?
IT ENGAGE LTD reported total liabilities of £29.23K for 2024. That compares with £26.39K in 2023, a change of 10.77%.
How many people does IT ENGAGE LTD employ?
IT ENGAGE LTD reported 5 employees in 2024, compared with 4 in 2023.
How have IT ENGAGE LTD financials changed over the last 3 years?
Between 2022 and 2024, IT ENGAGE LTD's net assets fell by 1.5%, total assets rose by 86.5%, total liabilities rose by 94.1% and employee numbers rose by 25%. Net assets contracted at 0.7% a year across the two years to 2024, from £1.30K to £1.28K. Reported headcount went from 4 in 2022 to 5 in 2024 (+1).
Which years of IT ENGAGE LTD financial data are available?
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.