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BANNER SOLUTIONS LTD Financials

Company number
02726771Copy
Copy
Registered office
35 Knightsbridge Drive, Nuthall, Nottingham NG16 1RD
Incorporated
26/06/1992

Company snapshot

Status
Active
Employees
10 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£58.32K2023
17.36%vs 2022

2022: £49.70K

Total Assets

£365.64K2023
-27.20%vs 2022

2022: £502.25K

Cash in Bank

£65.002023
No changevs 2022

2022: £65.00

Total Liabilities

£241.45K2023
-35.74%vs 2022

2022: £375.74K

Employees

102023
0vs 2022

2022: 10

In 2023, BANNER SOLUTIONS LTD reported net assets of £58.32K. The same filing shows total assets of £365.64K, cash in bank of £65.00 and total liabilities of £241.45K. Reported headcount was 10 in 2023. Total Assets fell from £502.25K in 2022 to £365.64K in 2023 (-27.20%). 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

£58.32K2023
17.36%from £49.70K 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 BANNER SOLUTIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£166.71K2021£58.32K2023
-65%vs 2021

-40.9% a year compound (CAGR)

Cash in Bank

£40.77K2021£65.002023
-99.8%vs 2021

-96% a year compound (CAGR)

Total Assets

£571.74K2021£365.64K2023
-36%vs 2021

-20% a year compound (CAGR)

Total Liabilities

£318.10K2021£241.45K2023
-24.1%vs 2021

-12.9% a year compound (CAGR)

Employees

72021102023
+42.9%vs 2021+3

Biggest increase

Employees+42.9%

7 in 2021 to 10 in 2023

Biggest decrease

Cash in Bank-99.8%

£40.77K in 2021 to £65.00 in 2023

BANNER SOLUTIONS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BANNER SOLUTIONS 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
15.95%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
66.03%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.
Cash to liabilities
0.03%2023
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
0.02%2023
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 BANNER SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£166.71K49.70K58.32K
Total Assets£571.74K502.25K365.64K
Cash in Bank£40.77K65.0065.00
Total Liabilities£318.10K375.74K241.45K
Employees71010

BANNER SOLUTIONS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for BANNER SOLUTIONS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

BANNER SOLUTIONS LTD reported net assets of £58.32K for 2023. That compares with £49.70K in 2022, a change of 17.36%.

BANNER SOLUTIONS LTD reported total assets of £365.64K for 2023. That compares with £502.25K in 2022, a change of -27.20%.

BANNER SOLUTIONS LTD reported cash in bank of £65.00 for 2023. That compares with £65.00 in 2022.

BANNER SOLUTIONS LTD reported 10 employees in 2023, compared with 10 in 2022.

Between 2021 and 2023, BANNER SOLUTIONS LTD's net assets fell by 65%, cash in bank fell by 99.8%, total assets fell by 36% and total liabilities fell by 24.1%. Net assets contracted at 40.9% a year across the two years to 2023, from £166.71K to £58.32K. Reported headcount went from 7 in 2021 to 10 in 2023 (+3).

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.