ABSOLUTE EDGE LTD Financials
- Company number
- 06059488CopyCopy
- Registered office
- 29 Gildredge Road, Eastbourne, East Sussex BN21 4RU
- Incorporated
- 22/01/2007
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
41.84%vs 20222022: £-169.65K
Total Assets
101.44%vs 20222022: £147.42K
Total Liabilities
24.78%vs 20222022: £317.06K
Employees
0vs 20222022: 3
In 2023, ABSOLUTE EDGE LTD reported net assets of £-98.66K. The same filing shows total assets of £296.96K and total liabilities of £395.62K. Reported headcount was 3 in 2023. Total Assets rose from £147.42K in 2022 to £296.96K in 2023 (101.44%). 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
41.84%from £-169.65K 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 ABSOLUTE EDGE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Total Assets
+13435%vs 2021+1063% a year compound (CAGR)
Total Liabilities
+997%vs 2021+231% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Assets+13435%
£2.19K in 2021 to £296.96K in 2023
Every measure that changed in ABSOLUTE EDGE LTD's filings between 2021 and 2023 rose. The steepest rise came in total assets, pointing to a broader asset base, with net assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ABSOLUTE EDGE 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
- -33.22%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
- 133.22%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ABSOLUTE EDGE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -235.47K | -169.65K | -98.66K |
| Total Assets£ | 2.19K | 147.42K | 296.96K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 36.07K | 317.06K | 395.62K |
| Employees | 3 | 3 | 3 |
ABSOLUTE EDGE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ABSOLUTE EDGE LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
ABSOLUTE EDGE LTD reported net assets of £-98.66K for 2023. That compares with £-169.65K in 2022, a change of 41.84%.
ABSOLUTE EDGE LTD reported total assets of £296.96K for 2023. That compares with £147.42K in 2022, a change of 101.44%.
ABSOLUTE EDGE LTD reported total liabilities of £395.62K for 2023. That compares with £317.06K in 2022, a change of 24.78%.
ABSOLUTE EDGE LTD reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, ABSOLUTE EDGE LTD's total assets rose by 13435%, total liabilities rose by 997% and employee numbers was unchanged. Total assets compounded at 1063% a year across the two years to 2023, from £2.19K to £296.96K. Reported headcount went from 3 in 2021 to 3 in 2023.
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.