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ASSIST DIGITAL EU LIMITED Financials

Company number
05315739Copy
Copy
Registered office
Fitzroy House, Crown Street, Ipswich, Suffolk IP1 3LG
Incorporated
17/12/2004

Company snapshot

Status
Active
Employees
15 (2023)
Latest financial data
2023
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£1.80M2023
-18.90%vs 2022

2022: £2.22M

Total Assets

£2.54M2023
-3.59%vs 2022

2022: £2.64M

Cash in Bank

£2.76M2021
First reported year

Total Liabilities

£1.46M2021
First reported year

Employees

152023
0vs 2022

2022: 15

In 2023, ASSIST DIGITAL EU LIMITED reported net assets of £1.80M. The same filing shows total assets of £2.54M, cash in bank of £2.76M and total liabilities of £1.46M. Reported headcount was 15 in 2023. Net Assets fell from £2.22M in 2022 to £1.80M in 2023 (-18.90%). 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

£1.80M2023
-18.90%from £2.22M in 2022

Year-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 ASSIST DIGITAL EU LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£3.69M2021£1.80M2023
-51.2%vs 2021

-30.2% a year compound (CAGR)

Total Assets

£5.17M2021£2.54M2023
-50.8%vs 2021

-29.9% a year compound (CAGR)

Employees

162021152023
-6.3%vs 2021-1

Biggest decrease

Net Assets-51.2%

£3.69M in 2021 to £1.80M in 2023

Every indicator Okredo holds for ASSIST DIGITAL EU LIMITED fell between 2021 and 2023. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ASSIST DIGITAL EU 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
70.86%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
28.27%2021
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
188.65%2021
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
53.33%2021
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 ASSIST DIGITAL EU LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£3.69M2.22M1.80M
Total Assets£5.17M2.64M2.54M
Cash in Bank£2.76M––
Total Liabilities£1.46M––
Employees161515

ASSIST DIGITAL EU LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ASSIST DIGITAL EU LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

ASSIST DIGITAL EU LIMITED reported net assets of £1.80M for 2023. That compares with £2.22M in 2022, a change of -18.90%.

ASSIST DIGITAL EU LIMITED reported total assets of £2.54M for 2023. That compares with £2.64M in 2022, a change of -3.59%.

ASSIST DIGITAL EU LIMITED reported cash in bank of £2.76M for 2021. There is no earlier filing to compare it against.

ASSIST DIGITAL EU LIMITED reported 15 employees in 2023, compared with 15 in 2022.

Between 2021 and 2023, ASSIST DIGITAL EU LIMITED's net assets fell by 51.2%, total assets fell by 50.8% and employee numbers fell by 6.3%. Net assets contracted at 30.2% a year across the two years to 2023, from £3.69M to £1.80M. Reported headcount went from 16 in 2021 to 15 in 2023 (-1).

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.