BINARY101 LTD Financials
- Company number
- 12886542Copy
Copy - Registered office
- Hermes House, Fire Fly Avenue, Swindon SN2 2GA
- Incorporated
- 17/09/2020
Company snapshot
- Status
- Dissolved
- Employees
- 1 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
32.47%vs 20222022: £112.82K
Total Assets
37.00%vs 20222022: £178.31K
Cash in Bank
39.14%vs 20222022: £170.16K
Total Liabilities
47.51%vs 20222022: £63.22K
Employees
0vs 20222022: 1
In 2023, BINARY101 LTD reported net assets of £149.44K. The same filing shows total assets of £244.29K, cash in bank of £236.76K and total liabilities of £93.26K. Reported headcount was 1 in 2023. Cash in Bank rose from £170.16K in 2022 to £236.76K in 2023 (39.14%). Okredo holds filed figures for 2021–2023; 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
32.47%from £112.82K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures BINARY101 LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+187%vs 2021+69.5% a year compound (CAGR)
Total Assets
+102%vs 2021+42.1% a year compound (CAGR)
Total Liabilities
+35.1%vs 2021+16.2% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+187%
£52.00K in 2021 to £149.44K in 2023
Every measure that changed in BINARY101 LTD's filings between 2021 and 2023 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BINARY101 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
- 61.17%2023
- Liabilities to total assets
- 38.17%2023
- Cash to liabilities
- 253.88%2023
- Cash to total assets
- 96.92%2023
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 BINARY101 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 52.00K | 112.82K | 149.44K |
| Total Assets£ | 121.02K | 178.31K | 244.29K |
| Cash in Bank£ | – | 170.16K | 236.76K |
| Total Liabilities£ | 69.02K | 63.22K | 93.26K |
| Employees | 1 | 1 | 1 |
BINARY101 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has BINARY101 LTD filed financial statements?
Yes. Okredo holds filed figures for BINARY101 LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did BINARY101 LTD report in 2023?
BINARY101 LTD reported net assets of £149.44K for 2023. That compares with £112.82K in 2022, a change of 32.47%.
What total assets did BINARY101 LTD report in 2023?
BINARY101 LTD reported total assets of £244.29K for 2023. That compares with £178.31K in 2022, a change of 37.00%.
What cash in bank did BINARY101 LTD report in 2023?
BINARY101 LTD reported cash in bank of £236.76K for 2023. That compares with £170.16K in 2022, a change of 39.14%.
How many people does BINARY101 LTD employ?
BINARY101 LTD reported 1 employee in 2023, compared with 1 in 2022.
How have BINARY101 LTD financials changed over the last 3 years?
Between 2021 and 2023, BINARY101 LTD's net assets rose by 187%, total assets rose by 102%, total liabilities rose by 35.1% and employee numbers was unchanged. Net assets compounded at 69.5% a year across the two years to 2023, from £52.00K to £149.44K. Reported headcount went from 1 in 2021 to 1 in 2023.
Which years of BINARY101 LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.