ADSUM TECHNOLOGIES LTD Financials
- Company number
- 12471071Copy
Copy - Registered office
- 123 Buckingham Palace Road, London SW1W 9SH
- Incorporated
- 19/02/2020
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
-31.42%vs 20232023: £2.55M
Total Assets
-20.54%vs 20232023: £3.82M
Cash in Bank
64.97%vs 20232023: £1.16M
Total Liabilities
1.79%vs 20232023: £1.26M
Employees
0vs 20232023: 15
In 2024, ADSUM TECHNOLOGIES LTD reported net assets of £1.75M. The same filing shows total assets of £3.04M, cash in bank of £1.91M and total liabilities of £1.28M. Reported headcount was 15 in 2024. Net Assets fell from £2.55M in 2023 to £1.75M in 2024 (-31.42%). 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
-31.42%from £2.55M 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 ADSUM TECHNOLOGIES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-40.6%vs 2022-23% a year compound (CAGR)
Cash in Bank
-16.6%vs 2022-8.7% a year compound (CAGR)
Total Assets
-16.1%vs 2022-8.4% a year compound (CAGR)
Total Liabilities
+90.9%vs 2022+38.2% a year compound (CAGR)
Employees
+7.1%vs 2022+1Biggest increase
Total Liabilities+90.9%
£670.03K in 2022 to £1.28M in 2024
Biggest decrease
Net Assets-40.6%
£2.94M in 2022 to £1.75M in 2024
ADSUM TECHNOLOGIES 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 ADSUM TECHNOLOGIES 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
- 57.47%2024
- Liabilities to total assets
- 42.10%2024
- Cash to liabilities
- 149.33%2024
- Cash to total assets
- 62.87%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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ADSUM TECHNOLOGIES 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£ | 12.15K | 2.94M | 2.55M | 1.75M |
| Total Assets£ | 20.20K | 3.62M | 3.82M | 3.04M |
| Cash in Bank£ | 566.00 | 2.29M | 1.16M | 1.91M |
| Total Liabilities£ | 8.05K | 670.03K | 1.26M | 1.28M |
| Employees | 0 | 14 | 15 | 15 |
ADSUM TECHNOLOGIES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ADSUM TECHNOLOGIES LTD filed financial statements?
Yes. Okredo holds filed figures for ADSUM TECHNOLOGIES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ADSUM TECHNOLOGIES LTD report in 2024?
ADSUM TECHNOLOGIES LTD reported net assets of £1.75M for 2024. That compares with £2.55M in 2023, a change of -31.42%.
What total assets did ADSUM TECHNOLOGIES LTD report in 2024?
ADSUM TECHNOLOGIES LTD reported total assets of £3.04M for 2024. That compares with £3.82M in 2023, a change of -20.54%.
What cash in bank did ADSUM TECHNOLOGIES LTD report in 2024?
ADSUM TECHNOLOGIES LTD reported cash in bank of £1.91M for 2024. That compares with £1.16M in 2023, a change of 64.97%.
How many people does ADSUM TECHNOLOGIES LTD employ?
ADSUM TECHNOLOGIES LTD reported 15 employees in 2024, compared with 15 in 2023.
How have ADSUM TECHNOLOGIES LTD financials changed over the last 3 years?
Between 2022 and 2024, ADSUM TECHNOLOGIES LTD's net assets fell by 40.6%, cash in bank fell by 16.6%, total assets fell by 16.1% and total liabilities rose by 90.9%. Net assets contracted at 23% a year across the two years to 2024, from £2.94M to £1.75M. Reported headcount went from 14 in 2022 to 15 in 2024 (+1).
Which years of ADSUM TECHNOLOGIES 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.