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SHIPTECH (UK) LIMITED Financials

Company number
SC117129Copy
Copy
Registered office
8 Oakshaw Street East, Paisley PA1 2DD
Incorporated
03/04/1989

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£59.01K2025
-32.53%vs 2024

2024: £87.47K

Total Assets

£363.92K2025
-13.54%vs 2024

2024: £420.92K

Total Liabilities

£304.91K2025
-8.56%vs 2024

2024: £333.45K

Employees

32025
0vs 2024

2024: 3

In 2025, SHIPTECH (UK) LIMITED reported net assets of £59.01K. The same filing shows total assets of £363.92K and total liabilities of £304.91K. Reported headcount was 3 in 2025. Total Assets fell from £420.92K in 2024 to £363.92K in 2025 (-13.54%). 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

£59.01K2025
-32.53%from £87.47K in 2024

Year-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 SHIPTECH (UK) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£86.96K2023£59.01K2025
-32.1%vs 2023

-17.6% a year compound (CAGR)

Total Assets

£348.73K2023£363.92K2025
+4.4%vs 2023

+2.2% a year compound (CAGR)

Total Liabilities

£261.77K2023£304.91K2025
+16.5%vs 2023

+7.9% a year compound (CAGR)

Employees

3202332025
0%vs 2023

Biggest increase

Total Liabilities+16.5%

£261.77K in 2023 to £304.91K in 2025

Biggest decrease

Net Assets-32.1%

£86.96K in 2023 to £59.01K in 2025

SHIPTECH (UK) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SHIPTECH (UK) 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
16.22%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
83.78%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SHIPTECH (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.69K61.49K86.96K87.47K59.01K
Total Assets£132.43K244.17K348.73K420.92K363.92K
Cash in Bank£–––––
Total Liabilities£130.74K182.68K261.77K333.45K304.91K
Employees32333

SHIPTECH (UK) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SHIPTECH (UK) LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

SHIPTECH (UK) LIMITED reported net assets of £59.01K for 2025. That compares with £87.47K in 2024, a change of -32.53%.

SHIPTECH (UK) LIMITED reported total assets of £363.92K for 2025. That compares with £420.92K in 2024, a change of -13.54%.

SHIPTECH (UK) LIMITED reported total liabilities of £304.91K for 2025. That compares with £333.45K in 2024, a change of -8.56%.

SHIPTECH (UK) LIMITED reported 3 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, SHIPTECH (UK) LIMITED's net assets fell by 32.1%, total assets rose by 4.4%, total liabilities rose by 16.5% and employee numbers was unchanged. Net assets contracted at 17.6% a year across the two years to 2025, from £86.96K to £59.01K. Reported headcount went from 3 in 2023 to 3 in 2025.

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.