ART BIT LIMITED Financials
- Company number
- 12969795CopyCopy
- Registered office
- Second Floor, 150 Fleet Street, London EC4A 2DQ
- Incorporated
- 23/10/2020
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
35.18%vs 20232023: £-233.91K
Total Assets
-72.70%vs 20232023: £36.79K
Total Liabilities
-40.92%vs 20232023: £270.70K
Employees
0vs 20232023: 4
In 2024, ART BIT LIMITED reported net assets of £-151.63K. The same filing shows total assets of £10.04K and total liabilities of £159.93K. Reported headcount was 4 in 2024. Total Liabilities fell from £270.70K in 2023 to £159.93K in 2024 (-40.92%). 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
35.18%from £-233.91K 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 ART BIT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Total Assets
-93.5%vs 2022-74.5% a year compound (CAGR)
Total Liabilities
-54.2%vs 2022-32.3% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Assets-93.5%
£153.90K in 2022 to £10.04K in 2024
ART BIT LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in total assets, pointing to a narrowing asset base, with total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ART BIT 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
- -1,509.80%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
- 1,592.49%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ART BIT 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£ | -35.12K | -195.06K | -233.91K | -151.63K |
| Total Assets£ | 58.19K | 153.90K | 36.79K | 10.04K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 79.76K | 348.95K | 270.70K | 159.93K |
| Employees | 4 | 4 | 4 | 4 |
ART BIT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ART BIT LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
ART BIT LIMITED reported net assets of £-151.63K for 2024. That compares with £-233.91K in 2023, a change of 35.18%.
ART BIT LIMITED reported total assets of £10.04K for 2024. That compares with £36.79K in 2023, a change of -72.70%.
ART BIT LIMITED reported total liabilities of £159.93K for 2024. That compares with £270.70K in 2023, a change of -40.92%.
ART BIT LIMITED reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, ART BIT LIMITED's total assets fell by 93.5%, total liabilities fell by 54.2% and employee numbers was unchanged. Total assets contracted at 74.5% a year across the two years to 2024, from £153.90K to £10.04K. Reported headcount went from 4 in 2022 to 4 in 2024.
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.