ABACUS INFORMATION TECHNOLOGY UK LIMITED Financials
- Company number
- 08824522CopyCopy
- Registered office
- Palladium House 3rd Floor, 1-4 Argyll Street, London W1F 7LD
- Incorporated
- 23/12/2013
Company snapshot
- Status
- Active
- Employees
- 65 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.35K%vs 20232023: £-1.14M
Total Assets
714.23%vs 20232023: £2.41M
Cash in Bank
278.33%vs 20232023: £302.34K
Total Liabilities
59.96%vs 20232023: £2.99M
Employees
+35vs 20232023: 30
In 2024, ABACUS INFORMATION TECHNOLOGY UK LIMITED reported net assets of £14.19M. The same filing shows total assets of £19.66M, cash in bank of £1.14M and total liabilities of £4.79M. Reported headcount was 65 in 2024. Total Assets rose from £2.41M in 2023 to £19.66M in 2024 (714.23%). 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
1.35K%from £-1.14M 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 INFORMATION TECHNOLOGY UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+56.2%vs 2022+25% a year compound (CAGR)
Total Assets
+672%vs 2022+178% a year compound (CAGR)
Total Liabilities
+39.2%vs 2022+18% a year compound (CAGR)
Employees
+225%vs 2022+45Biggest increase
Total Assets+672%
£2.55M in 2022 to £19.66M in 2024
Every indicator Okredo holds for ABACUS INFORMATION TECHNOLOGY UK LIMITED rose between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with net assets, cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ABACUS INFORMATION TECHNOLOGY UK 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
- 72.17%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
- 24.35%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
- 23.89%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
- 5.82%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 ABACUS INFORMATION TECHNOLOGY UK 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£ | -1.65M | -1.37M | -1.14M | 14.19M |
| Total Assets£ | 1.70M | 2.55M | 2.41M | 19.66M |
| Cash in Bank£ | 436.51K | 732.45K | 302.34K | 1.14M |
| Total Liabilities£ | 3.07M | 3.44M | 2.99M | 4.79M |
| Employees | 17 | 20 | 30 | 65 |
ABACUS INFORMATION TECHNOLOGY UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ABACUS INFORMATION TECHNOLOGY UK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ABACUS INFORMATION TECHNOLOGY UK LIMITED reported net assets of £14.19M for 2024. That compares with £-1.14M in 2023, a change of 1.35K%.
ABACUS INFORMATION TECHNOLOGY UK LIMITED reported total assets of £19.66M for 2024. That compares with £2.41M in 2023, a change of 714.23%.
ABACUS INFORMATION TECHNOLOGY UK LIMITED reported cash in bank of £1.14M for 2024. That compares with £302.34K in 2023, a change of 278.33%.
ABACUS INFORMATION TECHNOLOGY UK LIMITED reported 65 employees in 2024, compared with 30 in 2023.
Between 2022 and 2024, ABACUS INFORMATION TECHNOLOGY UK LIMITED's cash in bank rose by 56.2%, total assets rose by 672%, total liabilities rose by 39.2% and employee numbers rose by 225%. Cash in bank compounded at 25% a year across the two years to 2024, from £732.45K to £1.14M. Reported headcount went from 20 in 2022 to 65 in 2024 (+45).
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.