01 TELECOM LTD Financials
- Company number
- 06862204CopyCopy
- Registered office
- 3 Scholar Green Road, Stretford, Manchester M32 0TR
- Incorporated
- 28/03/2009
Company snapshot
- Status
- Active
- Employees
- 13 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
192.89%vs 20222022: £-308.93K
Total Assets
-13.21%vs 20212021: £1.79M
Cash in Bank
57.84%vs 20222022: £19.84K
Total Liabilities
2.66%vs 20212021: £1.57M
Employees
-3vs 20222022: 16
In 2023, 01 TELECOM LTD reported net assets of £286.97K. The same filing shows total assets of £1.55M, cash in bank of £31.31K and total liabilities of £1.61M. Reported headcount was 13 in 2023. Net Assets rose from £-308.93K in 2022 to £286.97K in 2023 (192.89%). Okredo holds filed figures for 2021–2023; 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
192.89%from £-308.93K in 2022Year-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 (2021–2023)
How the figures 01 TELECOM LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+912%vs 2021+218% a year compound (CAGR)
Cash in Bank
-34.2%vs 2021-18.9% a year compound (CAGR)
Employees
-13.3%vs 2021-2Biggest increase
Net Assets+912%
£28.37K in 2021 to £286.97K in 2023
Biggest decrease
Cash in Bank-34.2%
£47.57K in 2021 to £31.31K in 2023
01 TELECOM LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 01 TELECOM 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
- -19.93%2022
- 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
- 104.07%2022
- 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
- 1.23%2022
- 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
- 1.28%2022
- 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 01 TELECOM LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 28.37K | -308.93K | 286.97K |
| Total Assets£ | 1.79M | 1.55M | – |
| Cash in Bank£ | 47.57K | 19.84K | 31.31K |
| Total Liabilities£ | 1.57M | 1.61M | – |
| Employees | 15 | 16 | 13 |
01 TELECOM LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 01 TELECOM LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
01 TELECOM LTD reported net assets of £286.97K for 2023. That compares with £-308.93K in 2022, a change of 192.89%.
01 TELECOM LTD reported total assets of £1.55M for 2022. That compares with £1.79M in 2021, a change of -13.21%.
01 TELECOM LTD reported cash in bank of £31.31K for 2023. That compares with £19.84K in 2022, a change of 57.84%.
01 TELECOM LTD reported 13 employees in 2023, compared with 16 in 2022.
Between 2021 and 2023, 01 TELECOM LTD's net assets rose by 912%, cash in bank fell by 34.2% and employee numbers fell by 13.3%. Net assets compounded at 218% a year across the two years to 2023, from £28.37K to £286.97K. Reported headcount went from 15 in 2021 to 13 in 2023 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.