BINARY TECHNOLOGIES LIMITED Financials
- Company number
- SC511673Copy
Copy - Registered office
- C/O Premier Accounting, 9b Dalrymple Court, Kirkintilloch G66 3AA
- Incorporated
- 27/07/2015
Company snapshot
- Status
- Active
- Employees
- 1 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-0.36%vs 20232023: £563.00
Total Assets
-48.30%vs 20232023: £129.72K
Cash in Bank
-92.65%vs 20232023: £58.36K
Total Liabilities
-54.29%vs 20232023: £105.44K
Employees
-1vs 20232023: 2
In 2024, BINARY TECHNOLOGIES LIMITED reported net assets of £561.00. The same filing shows total assets of £67.06K, cash in bank of £4.29K and total liabilities of £48.19K. Reported headcount was 1 in 2024. Total Assets fell from £129.72K in 2023 to £67.06K in 2024 (-48.30%). 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
-0.36%from £563.00 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 BINARY TECHNOLOGIES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-95.6%vs 2022-78.9% a year compound (CAGR)
Cash in Bank
-93.3%vs 2022-74.2% a year compound (CAGR)
Total Assets
-47.7%vs 2022-27.7% a year compound (CAGR)
Total Liabilities
-43.2%vs 2022-24.7% a year compound (CAGR)
Employees
-50%vs 2022-1Biggest decrease
Net Assets-95.6%
£12.65K in 2022 to £561.00 in 2024
Every indicator Okredo holds for BINARY TECHNOLOGIES LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BINARY TECHNOLOGIES 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
- 0.84%2024
- Liabilities to total assets
- 71.86%2024
- Cash to liabilities
- 8.90%2024
- Cash to total assets
- 6.40%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.
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 TECHNOLOGIES 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£ | 69.00 | 12.65K | 563.00 | 561.00 |
| Total Assets£ | 40.03K | 128.31K | 129.72K | 67.06K |
| Cash in Bank£ | – | 64.50K | 58.36K | 4.29K |
| Total Liabilities£ | 39.96K | 84.91K | 105.44K | 48.19K |
| Employees | 1 | 2 | 2 | 1 |
BINARY TECHNOLOGIES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has BINARY TECHNOLOGIES LIMITED filed financial statements?
Yes. Okredo holds filed figures for BINARY TECHNOLOGIES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did BINARY TECHNOLOGIES LIMITED report in 2024?
BINARY TECHNOLOGIES LIMITED reported net assets of £561.00 for 2024. That compares with £563.00 in 2023, a change of -0.36%.
What total assets did BINARY TECHNOLOGIES LIMITED report in 2024?
BINARY TECHNOLOGIES LIMITED reported total assets of £67.06K for 2024. That compares with £129.72K in 2023, a change of -48.30%.
What cash in bank did BINARY TECHNOLOGIES LIMITED report in 2024?
BINARY TECHNOLOGIES LIMITED reported cash in bank of £4.29K for 2024. That compares with £58.36K in 2023, a change of -92.65%.
How many people does BINARY TECHNOLOGIES LIMITED employ?
BINARY TECHNOLOGIES LIMITED reported 1 employee in 2024, compared with 2 in 2023.
How have BINARY TECHNOLOGIES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, BINARY TECHNOLOGIES LIMITED's net assets fell by 95.6%, cash in bank fell by 93.3%, total assets fell by 47.7% and total liabilities fell by 43.2%. Net assets contracted at 78.9% a year across the two years to 2024, from £12.65K to £561.00. Reported headcount went from 2 in 2022 to 1 in 2024 (-1).
Which years of BINARY TECHNOLOGIES LIMITED financial data are available?
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.