BINARY DEVELOPMENTS LIMITED Financials
- Company number
- 05580603Copy
Copy
- Registered office
- 62 Stakes Road, Waterlooville PO7 5NT
- Incorporated
- 03/10/2005
Company snapshot
- Status
- Active
- Employees
- 1 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £80.52K
Total Assets
2024: £87.95K
Cash in Bank
2024: £87.13K
Total Liabilities
2024: £7.02K
Employees
2024: 1
In 2025, BINARY DEVELOPMENTS LIMITED reported net assets of £92.68K. The same filing shows total assets of £108.69K, cash in bank of £108.18K and total liabilities of £16.01K. Reported headcount was 1 in 2025. Cash in Bank rose from £87.13K in 2024 to £108.18K in 2025 (24.16%). Okredo holds filed figures for 2021–2025; 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
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures BINARY DEVELOPMENTS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+25.8% a year compound (CAGR)
Total Assets
+12.7% a year compound (CAGR)
Total Liabilities
-23.2% a year compound (CAGR)
Employees
Biggest increase
Net Assets+58.4%
£58.52K in 2023 to £92.68K in 2025
Biggest decrease
Total Liabilities-40.9%
£27.11K in 2023 to £16.01K in 2025
BINARY DEVELOPMENTS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BINARY DEVELOPMENTS 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
- 85.27%2025
- Liabilities to total assets
- 14.73%2025
- Cash to liabilities
- 675.78%2025
- Cash to total assets
- 99.53%2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 BINARY DEVELOPMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 17.44K | 40.05K | 58.52K | 80.52K | 92.68K |
| Total Assets£ | 39.99K | 66.00K | 85.63K | 87.95K | 108.69K |
| Cash in Bank£ | – | – | – | 87.13K | 108.18K |
| Total Liabilities£ | 22.55K | 25.95K | 27.11K | 7.02K | 16.01K |
| Employees | 0 | – | 0 | 1 | 1 |
BINARY DEVELOPMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has BINARY DEVELOPMENTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for BINARY DEVELOPMENTS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did BINARY DEVELOPMENTS LIMITED report in 2025?
BINARY DEVELOPMENTS LIMITED reported net assets of £92.68K for 2025. That compares with £80.52K in 2024, a change of 15.10%.
What total assets did BINARY DEVELOPMENTS LIMITED report in 2025?
BINARY DEVELOPMENTS LIMITED reported total assets of £108.69K for 2025. That compares with £87.95K in 2024, a change of 23.58%.
What cash in bank did BINARY DEVELOPMENTS LIMITED report in 2025?
BINARY DEVELOPMENTS LIMITED reported cash in bank of £108.18K for 2025. That compares with £87.13K in 2024, a change of 24.16%.
How many people does BINARY DEVELOPMENTS LIMITED employ?
BINARY DEVELOPMENTS LIMITED reported 1 employee in 2025, compared with 1 in 2024.
How have BINARY DEVELOPMENTS LIMITED financials changed over the last 3 years?
Between 2023 and 2025, BINARY DEVELOPMENTS LIMITED's net assets rose by 58.4%, total assets rose by 26.9% and total liabilities fell by 40.9%. Net assets compounded at 25.8% a year across the two years to 2025, from £58.52K to £92.68K. Reported headcount went from 0 in 2023 to 1 in 2025 (+1).
Which years of BINARY DEVELOPMENTS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.