Active

NG-IT LTD Financials

Company number
08213861Copy
Copy
Registered office
9 Oxford Court, Manchester M2 3WQ
Incorporated
13/09/2012

Company snapshot

Status
Active
Employees
26 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£2.19M2023
25.67%vs 2022

2022: £1.74M

Total Assets

£11.29K2025
10.85%vs 2024

2024: £10.19K

Cash in Bank

£2.21M2023
12.29%vs 2022

2022: £1.97M

Total Liabilities

£1.82M2023
-21.03%vs 2022

2022: £2.31M

Employees

262025
+1vs 2024

2024: 25

In 2023, NG-IT LTD reported net assets of £2.19M. The same filing shows total assets of £11.29K, cash in bank of £2.21M and total liabilities of £1.82M. Reported headcount was 26 in 2025. Total Liabilities fell from £2.31M in 2022 to £1.82M in 2023 (-21.03%). 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

£2.19M2023
25.67%from £1.74M 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 (2023–2025)

How the figures NG-IT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Total Assets

£4.01M2023£11.29K2025
-99.7%vs 2023

-94.7% a year compound (CAGR)

Employees

242023262025
+8.3%vs 2023+2

Biggest increase

Employees+8.3%

24 in 2023 to 26 in 2025

Biggest decrease

Total Assets-99.7%

£4.01M in 2023 to £11.29K in 2025

NG-IT LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NG-IT 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
54.61%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
45.39%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
121.20%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
55.02%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 NG-IT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.30M1.74M2.19M––
Total Assets£3.07M4.05M4.01M10.19K11.29K
Cash in Bank£1.49M1.97M2.21M––
Total Liabilities£1.77M2.31M1.82M––
Employees2123242526

NG-IT LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NG-IT LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

NG-IT LTD reported net assets of £2.19M for 2023. That compares with £1.74M in 2022, a change of 25.67%.

NG-IT LTD reported total assets of £11.29K for 2025. That compares with £10.19K in 2024, a change of 10.85%.

NG-IT LTD reported cash in bank of £2.21M for 2023. That compares with £1.97M in 2022, a change of 12.29%.

NG-IT LTD reported 26 employees in 2025, compared with 25 in 2024.

Between 2023 and 2025, NG-IT LTD's total assets fell by 99.7% and employee numbers rose by 8.3%. Total assets contracted at 94.7% a year across the two years to 2025, from £4.01M to £11.29K. Reported headcount went from 24 in 2023 to 26 in 2025 (+2).

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.