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IVER TECHNICAL SERVICES LIMITED Financials

Company number
02660813Copy
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Registered office
The Red House, 10 Market Square, Amersham, Buckinghamshire HP7 0DQ
Incorporated
06/11/1991

Company snapshot

Status
Active
Employees
10 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£43.30K2023
-72.25%vs 2022

2022: £156.05K

Total Assets

£328.56K2023
-37.94%vs 2022

2022: £529.45K

Cash in Bank

£113.97K2023
-47.27%vs 2022

2022: £216.16K

Total Liabilities

£285.26K2023
-23.60%vs 2022

2022: £373.39K

Employees

102023
0vs 2022

2022: 10

In 2023, IVER TECHNICAL SERVICES LIMITED reported net assets of £43.30K. The same filing shows total assets of £328.56K, cash in bank of £113.97K and total liabilities of £285.26K. Reported headcount was 10 in 2023. Total Assets fell from £529.45K in 2022 to £328.56K in 2023 (-37.94%). Okredo holds filed figures for 2021–2023; 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

£43.30K2023
-72.25%from £156.05K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures IVER TECHNICAL SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£158.64K2021£43.30K2023
-72.7%vs 2021

-47.8% a year compound (CAGR)

Cash in Bank

£275.40K2021£113.97K2023
-58.6%vs 2021

-35.7% a year compound (CAGR)

Total Assets

£681.25K2021£328.56K2023
-51.8%vs 2021

-30.6% a year compound (CAGR)

Total Liabilities

£369.69K2021£285.26K2023
-22.8%vs 2021

-12.2% a year compound (CAGR)

Employees

102021102023
0%vs 2021

Biggest decrease

Net Assets-72.7%

£158.64K in 2021 to £43.30K in 2023

Every measure that changed in IVER TECHNICAL SERVICES LIMITED's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IVER TECHNICAL SERVICES 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
13.18%2023

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
86.82%2023

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
39.95%2023

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
34.69%2023

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 IVER TECHNICAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£158.64K156.05K43.30K
Total Assets£681.25K529.45K328.56K
Cash in Bank£275.40K216.16K113.97K
Total Liabilities£369.69K373.39K285.26K
Employees101010

IVER TECHNICAL SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has IVER TECHNICAL SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for IVER TECHNICAL SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

What net assets did IVER TECHNICAL SERVICES LIMITED report in 2023?

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IVER TECHNICAL SERVICES LIMITED reported net assets of £43.30K for 2023. That compares with £156.05K in 2022, a change of -72.25%.

What total assets did IVER TECHNICAL SERVICES LIMITED report in 2023?

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IVER TECHNICAL SERVICES LIMITED reported total assets of £328.56K for 2023. That compares with £529.45K in 2022, a change of -37.94%.

What cash in bank did IVER TECHNICAL SERVICES LIMITED report in 2023?

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IVER TECHNICAL SERVICES LIMITED reported cash in bank of £113.97K for 2023. That compares with £216.16K in 2022, a change of -47.27%.

How many people does IVER TECHNICAL SERVICES LIMITED employ?

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IVER TECHNICAL SERVICES LIMITED reported 10 employees in 2023, compared with 10 in 2022.

How have IVER TECHNICAL SERVICES LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, IVER TECHNICAL SERVICES LIMITED's net assets fell by 72.7%, cash in bank fell by 58.6%, total assets fell by 51.8% and total liabilities fell by 22.8%. Net assets contracted at 47.8% a year across the two years to 2023, from £158.64K to £43.30K. Reported headcount went from 10 in 2021 to 10 in 2023.

Which years of IVER TECHNICAL SERVICES LIMITED financial data are available?

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