USE-IP LIMITED Financials
- Company number
- 06517588CopyCopy
- Registered office
- Floor 1 Maritime House, 178-180 Snargate Street, Dover CT17 9BZ
- Incorporated
- 28/02/2008
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
70.08%vs 20242024: £20.79K
Total Assets
150.82%vs 20242024: £117.95K
Cash in Bank
123.85%vs 20242024: £74.13K
Total Liabilities
168.10%vs 20242024: £97.16K
Employees
0vs 20242024: 6
In 2025, USE-IP LIMITED reported net assets of £35.36K. The same filing shows total assets of £295.85K, cash in bank of £165.94K and total liabilities of £260.49K. Reported headcount was 6 in 2025. Total Assets rose from £117.95K in 2024 to £295.85K in 2025 (150.82%). 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
70.08%from £20.79K 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 USE-IP LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+11.1%vs 2023+5.4% a year compound (CAGR)
Cash in Bank
+267%vs 2023+91.6% a year compound (CAGR)
Total Assets
+76.7%vs 2023+32.9% a year compound (CAGR)
Total Liabilities
+92.1%vs 2023+38.6% a year compound (CAGR)
Employees
-14.3%vs 2023-1Biggest increase
Cash in Bank+267%
£45.20K in 2023 to £165.94K in 2025
Biggest decrease
Employees-14.3%
7 in 2023 to 6 in 2025
USE-IP 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 USE-IP 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
- 11.95%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
- 88.05%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
- 63.70%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
- 56.09%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 USE-IP 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£ | 64.70K | 55.65K | 31.83K | 20.79K | 35.36K |
| Total Assets£ | 181.04K | 211.44K | 167.41K | 117.95K | 295.85K |
| Cash in Bank£ | 85.00K | 11.21K | 45.20K | 74.13K | 165.94K |
| Total Liabilities£ | 116.34K | 155.79K | 135.58K | 97.16K | 260.49K |
| Employees | 6 | 6 | 7 | 6 | 6 |
USE-IP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for USE-IP LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
USE-IP LIMITED reported net assets of £35.36K for 2025. That compares with £20.79K in 2024, a change of 70.08%.
USE-IP LIMITED reported total assets of £295.85K for 2025. That compares with £117.95K in 2024, a change of 150.82%.
USE-IP LIMITED reported cash in bank of £165.94K for 2025. That compares with £74.13K in 2024, a change of 123.85%.
USE-IP LIMITED reported 6 employees in 2025, compared with 6 in 2024.
Between 2023 and 2025, USE-IP LIMITED's net assets rose by 11.1%, cash in bank rose by 267%, total assets rose by 76.7% and total liabilities rose by 92.1%. Net assets compounded at 5.4% a year across the two years to 2025, from £31.83K to £35.36K. Reported headcount went from 7 in 2023 to 6 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.