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Dissolved

BINARY41 LIMITED Financials

Company number
05230264Copy
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Registered office
28 Sandringham Meadows, Blyth, Northumberland NE24 3AN
Incorporated
14/09/2004

Company snapshot

Status
Dissolved
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

£24.91K2025
-53.70%vs 2024

2024: £53.81K

Total Assets

£42.79K2025
-38.48%vs 2024

2024: £69.57K

Total Liabilities

£17.88K2025
13.49%vs 2024

2024: £15.76K

Employees

12025
0vs 2024

2024: 1

In 2025, BINARY41 LIMITED reported net assets of £24.91K. The same filing shows total assets of £42.79K and total liabilities of £17.88K. Reported headcount was 1 in 2025. Net Assets fell from £53.81K in 2024 to £24.91K in 2025 (-53.70%). 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

£24.91K2025
-53.70%from £53.81K in 2024

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 BINARY41 LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£126.26K2023£24.91K2025
-80.3%vs 2023

-55.6% a year compound (CAGR)

Total Assets

£170.88K2023£42.79K2025
-75%vs 2023

-50% a year compound (CAGR)

Total Liabilities

£44.62K2023£17.88K2025
-59.9%vs 2023

-36.7% a year compound (CAGR)

Employees

2202312025
-50%vs 2023-1

Biggest decrease

Net Assets-80.3%

£126.26K in 2023 to £24.91K in 2025

Every indicator Okredo holds for BINARY41 LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BINARY41 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
58.22%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.

Liabilities to total assets
41.78%2025

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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for BINARY41 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£87.58K100.76K126.26K53.81K24.91K
Total Assets£128.61K133.30K170.88K69.57K42.79K
Cash in Bank£–––––
Total Liabilities£41.03K32.54K44.62K15.76K17.88K
Employees22211

BINARY41 LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has BINARY41 LIMITED filed financial statements?

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Yes. Okredo holds filed figures for BINARY41 LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did BINARY41 LIMITED report in 2025?

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BINARY41 LIMITED reported net assets of £24.91K for 2025. That compares with £53.81K in 2024, a change of -53.70%.

What total assets did BINARY41 LIMITED report in 2025?

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BINARY41 LIMITED reported total assets of £42.79K for 2025. That compares with £69.57K in 2024, a change of -38.48%.

What total liabilities did BINARY41 LIMITED report in 2025?

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BINARY41 LIMITED reported total liabilities of £17.88K for 2025. That compares with £15.76K in 2024, a change of 13.49%.

How many people does BINARY41 LIMITED employ?

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BINARY41 LIMITED reported 1 employee in 2025, compared with 1 in 2024.

How have BINARY41 LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, BINARY41 LIMITED's net assets fell by 80.3%, total assets fell by 75%, total liabilities fell by 59.9% and employee numbers fell by 50%. Net assets contracted at 55.6% a year across the two years to 2025, from £126.26K to £24.91K. Reported headcount went from 2 in 2023 to 1 in 2025 (-1).

Which years of BINARY41 LIMITED financial data are available?

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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.