NIC LTD. Financials
- Company number
- SC229186Copy
Copy - Registered office
- 49 Crescent Road, Glasgow G13 3RY
- Incorporated
- 14/03/2002
Company snapshot
- Status
- Active
- Employees
- 0 (2026)
- Latest financial data
- 2026
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-98.80%vs 20252025: £3.43K
Total Assets
-98.49%vs 20252025: £4.16K
Total Liabilities
-96.99%vs 20252025: £732.00
Employees
0vs 20252025: 0
In 2026, NIC LTD. reported net assets of £41.00. The same filing shows total assets of £63.00 and total liabilities of £22.00. Reported headcount was 0 in 2026. Total Assets fell from £4.16K in 2025 to £63.00 in 2026 (-98.49%). Okredo holds filed figures for 2022–2026; 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
-98.80%from £3.43K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures NIC LTD. filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-97.7%vs 2024-84.7% a year compound (CAGR)
Total Assets
-99.9%vs 2024-96.8% a year compound (CAGR)
Total Liabilities
-100%vs 2024-98.1% a year compound (CAGR)
Employees
No changevs 2024Biggest decrease
Total Liabilities-100%
£59.43K in 2024 to £22.00 in 2026
Every measure that changed in NIC LTD.'s filings between 2024 and 2026 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and total assets falling alongside it. Employee numbers was filed as nil in each of these years, so the direction here rests on the remaining measures. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NIC 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
- 65.08%2026
- Liabilities to total assets
- 34.92%2026
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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NIC LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 764.50K | 2.03K | 1.76K | 3.43K | 41.00 |
| Total Assets£ | 1.31M | 492.28K | 61.18K | 4.16K | 63.00 |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 544.11K | 490.25K | 59.43K | 732.00 | 22.00 |
| Employees | 27 | 24 | 0 | 0 | 0 |
NIC LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Has NIC LTD. filed financial statements?
Yes. Okredo holds filed figures for NIC LTD. covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.
What net assets did NIC LTD. report in 2026?
NIC LTD. reported net assets of £41.00 for 2026. That compares with £3.43K in 2025, a change of -98.80%.
What total assets did NIC LTD. report in 2026?
NIC LTD. reported total assets of £63.00 for 2026. That compares with £4.16K in 2025, a change of -98.49%.
What total liabilities did NIC LTD. report in 2026?
NIC LTD. reported total liabilities of £22.00 for 2026. That compares with £732.00 in 2025, a change of -96.99%.
How many people does NIC LTD. employ?
NIC LTD. reported 0 employees in 2026, compared with 0 in 2025.
How have NIC LTD. financials changed over the last 3 years?
Between 2024 and 2026, NIC LTD.'s net assets fell by 97.7%, total assets fell by 99.9% and total liabilities fell by 100%. Net assets contracted at 84.7% a year across the two years to 2026, from £1.76K to £41.00. Reported headcount went from 0 in 2024 to 0 in 2026.
Which years of NIC LTD. financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.