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10ZIG TECHNOLOGY LIMITED Financials

Company number
05601056Copy
Copy
Registered office
7 Highcliffe Road, Hamilton, Leicester LE5 1TY
Incorporated
24/10/2005

Company snapshot

Status
Active
Employees
16 (2023)
Latest financial data
2023
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£209.26K2023
246.56%vs 2022

2022: £-142.78K

Total Assets

£1.88M2023
-11.99%vs 2022

2022: £2.13M

Cash in Bank

£132.90K2023
16.42%vs 2022

2022: £114.15K

Total Liabilities

£1.67M2023
-26.71%vs 2022

2022: £2.28M

Employees

162023
-2vs 2022

2022: 18

In 2023, 10ZIG TECHNOLOGY LIMITED reported net assets of £209.26K. The same filing shows total assets of £1.88M, cash in bank of £132.90K and total liabilities of £1.67M. Reported headcount was 16 in 2023. Total Liabilities fell from £2.28M in 2022 to £1.67M in 2023 (-26.71%). 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

£209.26K2023
246.56%from £-142.78K in 2022

Year-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 10ZIG TECHNOLOGY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£112.13K2021£209.26K2023
+86.6%vs 2021

+36.6% a year compound (CAGR)

Cash in Bank

£168.52K2021£132.90K2023
-21.1%vs 2021

-11.2% a year compound (CAGR)

Total Assets

£1.60M2021£1.88M2023
+17.6%vs 2021

+8.4% a year compound (CAGR)

Total Liabilities

£1.48M2021£1.67M2023
+12.3%vs 2021

+6% a year compound (CAGR)

Employees

182021162023
-11.1%vs 2021-2

Biggest increase

Net Assets+86.6%

£112.13K in 2021 to £209.26K in 2023

Biggest decrease

Cash in Bank-21.1%

£168.52K in 2021 to £132.90K in 2023

10ZIG TECHNOLOGY LIMITED'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 10ZIG TECHNOLOGY 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
11.15%2023
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
88.85%2023
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
7.97%2023
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
7.08%2023
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 10ZIG TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£112.13K-142.78K209.26K
Total Assets£1.60M2.13M1.88M
Cash in Bank£168.52K114.15K132.90K
Total Liabilities£1.48M2.28M1.67M
Employees181816

10ZIG TECHNOLOGY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for 10ZIG TECHNOLOGY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

10ZIG TECHNOLOGY LIMITED reported net assets of £209.26K for 2023. That compares with £-142.78K in 2022, a change of 246.56%.

10ZIG TECHNOLOGY LIMITED reported total assets of £1.88M for 2023. That compares with £2.13M in 2022, a change of -11.99%.

10ZIG TECHNOLOGY LIMITED reported cash in bank of £132.90K for 2023. That compares with £114.15K in 2022, a change of 16.42%.

10ZIG TECHNOLOGY LIMITED reported 16 employees in 2023, compared with 18 in 2022.

Between 2021 and 2023, 10ZIG TECHNOLOGY LIMITED's net assets rose by 86.6%, cash in bank fell by 21.1%, total assets rose by 17.6% and total liabilities rose by 12.3%. Net assets compounded at 36.6% a year across the two years to 2023, from £112.13K to £209.26K. Reported headcount went from 18 in 2021 to 16 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.