ADVATECH HEALTHCARE EUROPE LIMITED Financials
- Company number
- 07953430CopyCopy
- Registered office
- 4385, 07953430 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
- Incorporated
- 17/02/2012
Company snapshot
- Status
- Active
- Employees
- 8 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
266.83%vs 20222022: £-229.14K
Total Assets
-44.67%vs 20212021: £129.99K
Cash in Bank
-89.65%vs 20222022: £17.04K
Total Liabilities
-27.03%vs 20212021: £384.56K
Employees
-1vs 20222022: 9
In 2023, ADVATECH HEALTHCARE EUROPE LIMITED reported net assets of £382.28K. The same filing shows total assets of £71.93K, cash in bank of £1.76K and total liabilities of £280.61K. Reported headcount was 8 in 2023. Net Assets rose from £-229.14K in 2022 to £382.28K in 2023 (266.83%). 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
266.83%from £-229.14K 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 ADVATECH HEALTHCARE EUROPE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
-83.6%vs 2021-59.5% a year compound (CAGR)
Employees
-42.9%vs 2021-6Biggest decrease
Cash in Bank-83.6%
£10.76K in 2021 to £1.76K in 2023
ADVATECH HEALTHCARE EUROPE LIMITED's filings pull in both directions between 2021 and 2023. The steepest fall came in cash in bank, pointing to a tighter cash position, with employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ADVATECH HEALTHCARE EUROPE 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
- -318.57%2022
- 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
- 390.12%2022
- 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
- 6.07%2022
- 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
- 23.69%2022
- 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 ADVATECH HEALTHCARE EUROPE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -281.23K | -229.14K | 382.28K |
| Total Assets£ | 129.99K | 71.93K | – |
| Cash in Bank£ | 10.76K | 17.04K | 1.76K |
| Total Liabilities£ | 384.56K | 280.61K | – |
| Employees | 14 | 9 | 8 |
ADVATECH HEALTHCARE EUROPE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ADVATECH HEALTHCARE EUROPE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
ADVATECH HEALTHCARE EUROPE LIMITED reported net assets of £382.28K for 2023. That compares with £-229.14K in 2022, a change of 266.83%.
ADVATECH HEALTHCARE EUROPE LIMITED reported total assets of £71.93K for 2022. That compares with £129.99K in 2021, a change of -44.67%.
ADVATECH HEALTHCARE EUROPE LIMITED reported cash in bank of £1.76K for 2023. That compares with £17.04K in 2022, a change of -89.65%.
ADVATECH HEALTHCARE EUROPE LIMITED reported 8 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, ADVATECH HEALTHCARE EUROPE LIMITED's cash in bank fell by 83.6% and employee numbers fell by 42.9%. Cash in bank contracted at 59.5% a year across the two years to 2023, from £10.76K to £1.76K. Reported headcount went from 14 in 2021 to 8 in 2023 (-6).
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.