BETCONNECT LTD Financials
- Company number
- 07867146CopyCopy
- Registered office
- 15 Parsons Court , Aycliffe Business Park, Newton Aycliffe, County Durham DL5 6ZE
- Incorporated
- 01/12/2011
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
86.80%vs 20232023: £-2.71M
Total Assets
217.50%vs 20232023: £1.91M
Cash in Bank
8.31%vs 20232023: £30.99K
Total Liabilities
38.81%vs 20232023: £4.62M
Employees
-2vs 20232023: 17
In 2024, BETCONNECT LTD reported net assets of £-358.31K. The same filing shows total assets of £6.05M, cash in bank of £33.57K and total liabilities of £6.41M. Reported headcount was 15 in 2024. Total Assets rose from £1.91M in 2023 to £6.05M in 2024 (217.50%). 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
86.80%from £-2.71M 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 BETCONNECT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-79.4%vs 2022-54.6% a year compound (CAGR)
Total Assets
+866%vs 2022+211% a year compound (CAGR)
Total Liabilities
+185%vs 2022+68.8% a year compound (CAGR)
Employees
-25%vs 2022-5Biggest increase
Total Assets+866%
£626.01K in 2022 to £6.05M in 2024
Biggest decrease
Cash in Bank-79.4%
£162.72K in 2022 to £33.57K in 2024
BETCONNECT LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 BETCONNECT 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
- -5.92%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
- 105.90%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.
- Cash to liabilities
- 0.52%2024
- 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
- 0.55%2024
- 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 BETCONNECT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -775.00 | -1.63M | -2.71M | -358.31K |
| Total Assets£ | 1.06M | 626.01K | 1.91M | 6.05M |
| Cash in Bank£ | 341.97K | 162.72K | 30.99K | 33.57K |
| Total Liabilities£ | 1.06M | 2.25M | 4.62M | 6.41M |
| Employees | 20 | 20 | 17 | 15 |
BETCONNECT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BETCONNECT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BETCONNECT LTD reported net assets of £-358.31K for 2024. That compares with £-2.71M in 2023, a change of 86.80%.
BETCONNECT LTD reported total assets of £6.05M for 2024. That compares with £1.91M in 2023, a change of 217.50%.
BETCONNECT LTD reported cash in bank of £33.57K for 2024. That compares with £30.99K in 2023, a change of 8.31%.
BETCONNECT LTD reported 15 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, BETCONNECT LTD's cash in bank fell by 79.4%, total assets rose by 866%, total liabilities rose by 185% and employee numbers fell by 25%. Cash in bank contracted at 54.6% a year across the two years to 2024, from £162.72K to £33.57K. Reported headcount went from 20 in 2022 to 15 in 2024 (-5).
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.