ABACUS FINANCIAL ACCOUNTING LTD Financials
- Company number
- 06036037Copy
Copy - Registered office
- 79 Lullingstone Crescent, Ingleby Barwick, Stockton-On-Tees, Cleveland TS17 5GR
- Incorporated
- 21/12/2006
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-4.96%vs 20232023: £21.55K
Total Assets
-6.45%vs 20232023: £51.33K
Total Liabilities
-7.53%vs 20232023: £29.79K
Employees
0vs 20232023: 4
In 2024, ABACUS FINANCIAL ACCOUNTING LTD reported net assets of £20.48K. The same filing shows total assets of £48.02K and total liabilities of £27.55K. Reported headcount was 4 in 2024. Total Assets fell from £51.33K in 2023 to £48.02K in 2024 (-6.45%). 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
-4.96%from £21.55K 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 ABACUS FINANCIAL ACCOUNTING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-37%vs 2022-20.6% a year compound (CAGR)
Total Assets
-10.3%vs 2022-5.3% a year compound (CAGR)
Total Liabilities
+30.7%vs 2022+14.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+30.7%
£21.08K in 2022 to £27.55K in 2024
Biggest decrease
Net Assets-37%
£32.49K in 2022 to £20.48K in 2024
ABACUS FINANCIAL ACCOUNTING LTD's filings pull in both directions between 2022 and 2024. 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 ABACUS FINANCIAL ACCOUNTING 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
- 42.64%2024
- Liabilities to total assets
- 57.36%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.
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 ABACUS FINANCIAL ACCOUNTING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 30.91K | 32.49K | 21.55K | 20.48K |
| Total Assets£ | 56.02K | 53.56K | 51.33K | 48.02K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 25.11K | 21.08K | 29.79K | 27.55K |
| Employees | 4 | 4 | 4 | 4 |
ABACUS FINANCIAL ACCOUNTING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ABACUS FINANCIAL ACCOUNTING LTD filed financial statements?
Yes. Okredo holds filed figures for ABACUS FINANCIAL ACCOUNTING LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did ABACUS FINANCIAL ACCOUNTING LTD report in 2024?
ABACUS FINANCIAL ACCOUNTING LTD reported net assets of £20.48K for 2024. That compares with £21.55K in 2023, a change of -4.96%.
What total assets did ABACUS FINANCIAL ACCOUNTING LTD report in 2024?
ABACUS FINANCIAL ACCOUNTING LTD reported total assets of £48.02K for 2024. That compares with £51.33K in 2023, a change of -6.45%.
What total liabilities did ABACUS FINANCIAL ACCOUNTING LTD report in 2024?
ABACUS FINANCIAL ACCOUNTING LTD reported total liabilities of £27.55K for 2024. That compares with £29.79K in 2023, a change of -7.53%.
How many people does ABACUS FINANCIAL ACCOUNTING LTD employ?
ABACUS FINANCIAL ACCOUNTING LTD reported 4 employees in 2024, compared with 4 in 2023.
How have ABACUS FINANCIAL ACCOUNTING LTD financials changed over the last 3 years?
Between 2022 and 2024, ABACUS FINANCIAL ACCOUNTING LTD's net assets fell by 37%, total assets fell by 10.3%, total liabilities rose by 30.7% and employee numbers was unchanged. Net assets contracted at 20.6% a year across the two years to 2024, from £32.49K to £20.48K. Reported headcount went from 4 in 2022 to 4 in 2024.
Which years of ABACUS FINANCIAL ACCOUNTING LTD financial data are available?
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.