ITRANSITION GROUP LIMITED Financials
- Company number
- 05915098CopyCopy
- Registered office
- Office 3-01, 3rd Floor 3 Shortlands, London W6 8DA
- Incorporated
- 24/08/2006
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
52.07%vs 20232023: £638.98K
Total Assets
5.43%vs 20232023: £13.79M
Cash in Bank
35.17%vs 20232023: £5.50M
Total Liabilities
3.16%vs 20232023: £13.15M
Employees
-6vs 20232023: 14
In 2024, ITRANSITION GROUP LIMITED reported net assets of £971.67K. The same filing shows total assets of £14.54M, cash in bank of £7.43M and total liabilities of £13.56M. Reported headcount was 8 in 2024. Cash in Bank rose from £5.50M in 2023 to £7.43M in 2024 (35.17%). 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
52.07%from £638.98K 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 ITRANSITION GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+11%vs 2022+5.3% a year compound (CAGR)
Cash in Bank
-31.4%vs 2022-17.1% a year compound (CAGR)
Total Assets
-25.1%vs 2022-13.5% a year compound (CAGR)
Total Liabilities
-26.8%vs 2022-14.5% a year compound (CAGR)
Employees
-50%vs 2022-8Biggest increase
Net Assets+11%
£875.55K in 2022 to £971.67K in 2024
Biggest decrease
Employees-50%
16 in 2022 to 8 in 2024
ITRANSITION GROUP LIMITED'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ITRANSITION GROUP 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
- 6.68%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
- 93.29%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.
- Cash to liabilities
- 54.79%2024
- 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
- 51.11%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £6.36M2024
- 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 ITRANSITION GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 839.10K | 875.55K | 638.98K | 971.67K |
| Total Assets£ | 11.74M | 19.42M | 13.79M | 14.54M |
| Cash in Bank£ | 2.37M | 10.83M | 5.50M | 7.43M |
| Total Liabilities£ | 10.90M | 18.53M | 13.15M | 13.56M |
| Employees | 12 | 16 | 14 | 8 |
ITRANSITION GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ITRANSITION GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ITRANSITION GROUP LIMITED reported net assets of £971.67K for 2024. That compares with £638.98K in 2023, a change of 52.07%.
ITRANSITION GROUP LIMITED reported total assets of £14.54M for 2024. That compares with £13.79M in 2023, a change of 5.43%.
ITRANSITION GROUP LIMITED reported cash in bank of £7.43M for 2024. That compares with £5.50M in 2023, a change of 35.17%.
ITRANSITION GROUP LIMITED reported 8 employees in 2024, compared with 14 in 2023.
Between 2022 and 2024, ITRANSITION GROUP LIMITED's net assets rose by 11%, cash in bank fell by 31.4%, total assets fell by 25.1% and total liabilities fell by 26.8%. Net assets compounded at 5.3% a year across the two years to 2024, from £875.55K to £971.67K. Reported headcount went from 16 in 2022 to 8 in 2024 (-8).
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.