10BIT FX LIMITED Financials
- Company number
- 09727850CopyCopy
- Registered office
- 86-90 Paul Street, London EC2A 4NE
- Incorporated
- 11/08/2015
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-35.49%vs 20232023: £271.27K
Total Assets
29.59%vs 20232023: £1.64M
Cash in Bank
53.29%vs 20232023: £1.01M
Total Liabilities
44.12%vs 20232023: £1.32M
Employees
+2vs 20232023: 13
In 2024, 10BIT FX LIMITED reported net assets of £174.98K. The same filing shows total assets of £2.12M, cash in bank of £1.55M and total liabilities of £1.91M. Reported headcount was 15 in 2024. Total Liabilities rose from £1.32M in 2023 to £1.91M in 2024 (44.12%). Okredo holds filed figures for 2021–2024; 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
-35.49%from £271.27K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures 10BIT FX LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-44.6%vs 2022-25.6% a year compound (CAGR)
Cash in Bank
+110%vs 2022+44.8% a year compound (CAGR)
Total Assets
+56.4%vs 2022+25.1% a year compound (CAGR)
Total Liabilities
+92.7%vs 2022+38.8% a year compound (CAGR)
Employees
+36.4%vs 2022+4Biggest increase
Cash in Bank+110%
£741.39K in 2022 to £1.55M in 2024
Biggest decrease
Net Assets-44.6%
£315.86K in 2022 to £174.98K in 2024
10BIT FX LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 10BIT FX 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
- 8.25%2024
- 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
- 89.97%2024
- 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
- 81.48%2024
- 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
- 73.30%2024
- 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 10BIT FX LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 596.45K | 315.86K | 271.27K | 174.98K |
| Total Assets£ | 1.49M | 1.36M | 1.64M | 2.12M |
| Cash in Bank£ | 1.02M | 741.39K | 1.01M | 1.55M |
| Total Liabilities£ | 849.71K | 990.02K | 1.32M | 1.91M |
| Employees | 7 | 11 | 13 | 15 |
10BIT FX LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 10BIT FX LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
10BIT FX LIMITED reported net assets of £174.98K for 2024. That compares with £271.27K in 2023, a change of -35.49%.
10BIT FX LIMITED reported total assets of £2.12M for 2024. That compares with £1.64M in 2023, a change of 29.59%.
10BIT FX LIMITED reported cash in bank of £1.55M for 2024. That compares with £1.01M in 2023, a change of 53.29%.
10BIT FX LIMITED reported 15 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, 10BIT FX LIMITED's net assets fell by 44.6%, cash in bank rose by 110%, total assets rose by 56.4% and total liabilities rose by 92.7%. Net assets contracted at 25.6% a year across the two years to 2024, from £315.86K to £174.98K. Reported headcount went from 11 in 2022 to 15 in 2024 (+4).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.