BELIEVE MONEY SERVICES LIMITED Financials
- Company number
- 11322378CopyCopy
- Registered office
- Alexander House 4 Station Road, Cheadle Hulme, Cheadle SK8 5AE
- Incorporated
- 23/04/2018
Company snapshot
- Status
- Active
- Employees
- 113 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-2.11K%vs 20232023: £-26.45K
Cash in Bank
19.50%vs 20232023: £4.73K
Employees
0vs 20232023: 113
In 2024, BELIEVE MONEY SERVICES LIMITED reported net assets of £-583.90K. The same filing shows cash in bank of £5.66K. Reported headcount was 113 in 2024. Net Assets fell from £-26.45K in 2023 to £-583.90K in 2024 (-2.11K%). 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
-2.11K%from £-26.45K 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 BELIEVE MONEY SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-7.6%vs 2022-3.9% a year compound (CAGR)
Employees
+28.4%vs 2022+25Biggest increase
Employees+28.4%
88 in 2022 to 113 in 2024
Biggest decrease
Cash in Bank-7.6%
£6.12K in 2022 to £5.66K in 2024
BELIEVE MONEY SERVICES LIMITED's filings pull in both directions between 2022 and 2024. 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BELIEVE MONEY SERVICES 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£ | -6.33K | -13.97K | -26.45K | -583.90K |
| Total Assets£ | – | – | – | – |
| Cash in Bank£ | 2.77K | 6.12K | 4.73K | 5.66K |
| Total Liabilities£ | – | – | – | – |
| Employees | 64 | 88 | 113 | 113 |
BELIEVE MONEY SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BELIEVE MONEY SERVICES LIMITED covering 2021–2024, across 3 reported indicators. The most recent reported year is 2024.
BELIEVE MONEY SERVICES LIMITED reported net assets of £-583.90K for 2024. That compares with £-26.45K in 2023, a change of -2.11K%.
BELIEVE MONEY SERVICES LIMITED reported cash in bank of £5.66K for 2024. That compares with £4.73K in 2023, a change of 19.50%.
BELIEVE MONEY SERVICES LIMITED reported 113 employees in 2024, compared with 113 in 2023.
Between 2022 and 2024, BELIEVE MONEY SERVICES LIMITED's cash in bank fell by 7.6% and employee numbers rose by 28.4%. Cash in bank contracted at 3.9% a year across the two years to 2024, from £6.12K to £5.66K. Reported headcount went from 88 in 2022 to 113 in 2024 (+25).
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.