IWIS DRIVE SYSTEMS LIMITED Financials
- Company number
- 02969829CopyCopy
- Registered office
- 8c Bloomfield Park, Bloomfield Road, Tipton, West Midlands DY4 9AP
- Incorporated
- 20/09/1994
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-0.18%vs 20242024: £1.23M
Total Assets
-0.87%vs 20242024: £1.40M
Cash in Bank
31.62%vs 20242024: £453.24K
Total Liabilities
-5.94%vs 20242024: £167.07K
Employees
-1vs 20242024: 10
In 2025, IWIS DRIVE SYSTEMS LIMITED reported net assets of £1.23M. The same filing shows total assets of £1.38M, cash in bank of £596.54K and total liabilities of £157.15K. Reported headcount was 9 in 2025. Cash in Bank rose from £453.24K in 2024 to £596.54K in 2025 (31.62%). 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
-0.18%from £1.23M 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 IWIS DRIVE SYSTEMS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+18.7%vs 2023+8.9% a year compound (CAGR)
Cash in Bank
+129%vs 2023+51.2% a year compound (CAGR)
Total Assets
+16.2%vs 2023+7.8% a year compound (CAGR)
Total Liabilities
+<0.1%vs 2023+<0.1% a year compound (CAGR)
Employees
-10%vs 2023-1Biggest increase
Cash in Bank+129%
£260.82K in 2023 to £596.54K in 2025
Biggest decrease
Employees-10%
10 in 2023 to 9 in 2025
IWIS DRIVE SYSTEMS LIMITED'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IWIS DRIVE SYSTEMS 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
- 88.65%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
- 11.35%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
- 379.60%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
- 43.09%2025
- 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 IWIS DRIVE SYSTEMS LIMITED 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£ | 849.20K | 913.98K | 1.03M | 1.23M | 1.23M |
| Total Assets£ | 1.00M | 1.27M | 1.19M | 1.40M | 1.38M |
| Cash in Bank£ | 186.29K | 56.76K | 260.82K | 453.24K | 596.54K |
| Total Liabilities£ | 151.96K | 353.77K | 157.06K | 167.07K | 157.15K |
| Employees | 10 | 10 | 10 | 10 | 9 |
IWIS DRIVE SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IWIS DRIVE SYSTEMS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
IWIS DRIVE SYSTEMS LIMITED reported net assets of £1.23M for 2025. That compares with £1.23M in 2024, a change of -0.18%.
IWIS DRIVE SYSTEMS LIMITED reported total assets of £1.38M for 2025. That compares with £1.40M in 2024, a change of -0.87%.
IWIS DRIVE SYSTEMS LIMITED reported cash in bank of £596.54K for 2025. That compares with £453.24K in 2024, a change of 31.62%.
IWIS DRIVE SYSTEMS LIMITED reported 9 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, IWIS DRIVE SYSTEMS LIMITED's net assets rose by 18.7%, cash in bank rose by 129%, total assets rose by 16.2% and total liabilities rose by <0.1%. Net assets compounded at 8.9% a year across the two years to 2025, from £1.03M to £1.23M. Reported headcount went from 10 in 2023 to 9 in 2025 (-1).
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.