Active

BETTER PLACED TECHNOLOGY LIMITED Financials

Company number
12723576Copy
Copy
Registered office
3 Greengate Cardale Park, Harrogate, North Yorkshire HG3 1GY
Incorporated
06/07/2020

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-99.42K2024
-232.97%vs 2023

2023: £-29.86K

Total Assets

£39.60K2024
-65.41%vs 2023

2023: £114.51K

Cash in Bank

£4.80K2024
-45.48%vs 2023

2023: £8.80K

Total Liabilities

£139.03K2024
-3.70%vs 2023

2023: £144.37K

Employees

32024
-4vs 2023

2023: 7

In 2024, BETTER PLACED TECHNOLOGY LIMITED reported net assets of £-99.42K. The same filing shows total assets of £39.60K, cash in bank of £4.80K and total liabilities of £139.03K. Reported headcount was 3 in 2024. Total Assets fell from £114.51K in 2023 to £39.60K in 2024 (-65.41%). 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

£-99.42K2024
-232.97%from £-29.86K in 2023

Year-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 BETTER PLACED TECHNOLOGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£53.62K2022£-99.42K2024
-285%vs 2022

Cash in Bank

£14.05K2022£4.80K2024
-65.9%vs 2022

-41.6% a year compound (CAGR)

Total Assets

£129.96K2022£39.60K2024
-69.5%vs 2022

-44.8% a year compound (CAGR)

Total Liabilities

£76.34K2022£139.03K2024
+82.1%vs 2022

+35% a year compound (CAGR)

Employees

4202232024
-25%vs 2022-1

Biggest increase

Total Liabilities+82.1%

£76.34K in 2022 to £139.03K in 2024

Biggest decrease

Net Assets-285%

£53.62K in 2022 to £-99.42K in 2024

BETTER PLACED TECHNOLOGY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BETTER PLACED TECHNOLOGY 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
-251.04%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
351.04%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
3.45%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
12.11%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 BETTER PLACED TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£28.43K53.62K-29.86K-99.42K
Total Assets£95.40K129.96K114.51K39.60K
Cash in Bank£13.64K14.05K8.80K4.80K
Total Liabilities£66.97K76.34K144.37K139.03K
Employees3473

BETTER PLACED TECHNOLOGY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for BETTER PLACED TECHNOLOGY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

BETTER PLACED TECHNOLOGY LIMITED reported net assets of £-99.42K for 2024. That compares with £-29.86K in 2023, a change of -232.97%.

BETTER PLACED TECHNOLOGY LIMITED reported total assets of £39.60K for 2024. That compares with £114.51K in 2023, a change of -65.41%.

BETTER PLACED TECHNOLOGY LIMITED reported cash in bank of £4.80K for 2024. That compares with £8.80K in 2023, a change of -45.48%.

BETTER PLACED TECHNOLOGY LIMITED reported 3 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, BETTER PLACED TECHNOLOGY LIMITED's net assets fell by 285%, cash in bank fell by 65.9%, total assets fell by 69.5% and total liabilities rose by 82.1%. Cash in bank contracted at 41.6% a year across the two years to 2024, from £14.05K to £4.80K. Reported headcount went from 4 in 2022 to 3 in 2024 (-1).

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.