ITEC TRAINING SOLUTIONS LTD Financials
- Company number
- 06345434CopyCopy
- Registered office
- Itec House, Penarth Road, Cardiff CF11 8TT
- Incorporated
- 16/08/2007
Company snapshot
- Status
- Active
- Employees
- 212 (2025)
- Latest financial data
- 2025
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
59.48%vs 20242024: £2.98M
Total Assets
25.17%vs 20242024: £5.90M
Cash in Bank
80.91%vs 20242024: £1.91M
Total Liabilities
-9.94%vs 20242024: £2.92M
Employees
-13vs 20242024: 225
In 2025, ITEC TRAINING SOLUTIONS LTD reported net assets of £4.76M. The same filing shows total assets of £7.39M, cash in bank of £3.46M and total liabilities of £2.63M. Reported headcount was 212 in 2025. Net Assets rose from £2.98M in 2024 to £4.76M in 2025 (59.48%). 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
59.48%from £2.98M 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 ITEC TRAINING SOLUTIONS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+58.4%vs 2023+25.9% a year compound (CAGR)
Cash in Bank
+97.1%vs 2023+40.4% a year compound (CAGR)
Total Assets
+16.9%vs 2023+8.1% a year compound (CAGR)
Total Liabilities
-20.7%vs 2023-10.9% a year compound (CAGR)
Employees
+13.4%vs 2023+25Biggest increase
Cash in Bank+97.1%
£1.75M in 2023 to £3.46M in 2025
Biggest decrease
Total Liabilities-20.7%
£3.31M in 2023 to £2.63M in 2025
ITEC TRAINING SOLUTIONS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 ITEC TRAINING SOLUTIONS 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
- 64.44%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
- 35.56%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
- 131.50%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
- 46.77%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £108.12K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ITEC TRAINING SOLUTIONS 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£ | 3.59M | 3.34M | 3.00M | 2.98M | 4.76M |
| Total Assets£ | 5.46M | 5.40M | 6.32M | 5.90M | 7.39M |
| Cash in Bank£ | 1.34M | 1.51M | 1.75M | 1.91M | 3.46M |
| Total Liabilities£ | 1.87M | 2.06M | 3.31M | 2.92M | 2.63M |
| Employees | 129 | 158 | 187 | 225 | 212 |
ITEC TRAINING SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ITEC TRAINING SOLUTIONS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
ITEC TRAINING SOLUTIONS LTD reported net assets of £4.76M for 2025. That compares with £2.98M in 2024, a change of 59.48%.
ITEC TRAINING SOLUTIONS LTD reported total assets of £7.39M for 2025. That compares with £5.90M in 2024, a change of 25.17%.
ITEC TRAINING SOLUTIONS LTD reported cash in bank of £3.46M for 2025. That compares with £1.91M in 2024, a change of 80.91%.
ITEC TRAINING SOLUTIONS LTD reported 212 employees in 2025, compared with 225 in 2024.
Between 2023 and 2025, ITEC TRAINING SOLUTIONS LTD's net assets rose by 58.4%, cash in bank rose by 97.1%, total assets rose by 16.9% and total liabilities fell by 20.7%. Net assets compounded at 25.9% a year across the two years to 2025, from £3.00M to £4.76M. Reported headcount went from 187 in 2023 to 212 in 2025 (+25).
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.