BINARYLAB LIMITED Financials
- Company number
- 06385335Copy
Copy - Registered office
- The Coach House, Hillsborough Road, Ilfracombe EX34 9NW
- Incorporated
- 28/09/2007
Company snapshot
- Status
- Active
- Employees
- 2 (2026)
- Latest financial data
- 2026
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-84.72%vs 20252025: £8.84K
Total Assets
-71.02%vs 20252025: £10.87K
Total Liabilities
3.85%vs 20252025: £1.30K
Employees
0vs 20252025: 2
In 2026, BINARYLAB LIMITED reported net assets of £1.35K. The same filing shows total assets of £3.15K and total liabilities of £1.35K. Reported headcount was 2 in 2026. Total Assets fell from £10.87K in 2025 to £3.15K in 2026 (-71.02%). Okredo holds filed figures for 2022–2026; 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
-84.72%from £8.84K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures BINARYLAB LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-92.5%vs 2024-72.5% a year compound (CAGR)
Total Assets
-87.2%vs 2024-64.2% a year compound (CAGR)
Total Liabilities
+4.9%vs 2024+2.4% a year compound (CAGR)
Employees
0%vs 2024Biggest increase
Total Liabilities+4.9%
£1.29K in 2024 to £1.35K in 2026
Biggest decrease
Net Assets-92.5%
£17.93K in 2024 to £1.35K in 2026
BINARYLAB LIMITED's filings pull in both directions between 2024 and 2026. 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 BINARYLAB 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
- 42.89%2026
- Liabilities to total assets
- 42.86%2026
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BINARYLAB LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 1.61K | 312.00 | 17.93K | 8.84K | 1.35K |
| Total Assets£ | 4.23K | 7.36K | 24.58K | 10.87K | 3.15K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 1.29K | 1.29K | 1.29K | 1.30K | 1.35K |
| Employees | 2 | 2 | 2 | 2 | 2 |
BINARYLAB LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has BINARYLAB LIMITED filed financial statements?
Yes. Okredo holds filed figures for BINARYLAB LIMITED covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.
What net assets did BINARYLAB LIMITED report in 2026?
BINARYLAB LIMITED reported net assets of £1.35K for 2026. That compares with £8.84K in 2025, a change of -84.72%.
What total assets did BINARYLAB LIMITED report in 2026?
BINARYLAB LIMITED reported total assets of £3.15K for 2026. That compares with £10.87K in 2025, a change of -71.02%.
What total liabilities did BINARYLAB LIMITED report in 2026?
BINARYLAB LIMITED reported total liabilities of £1.35K for 2026. That compares with £1.30K in 2025, a change of 3.85%.
How many people does BINARYLAB LIMITED employ?
BINARYLAB LIMITED reported 2 employees in 2026, compared with 2 in 2025.
How have BINARYLAB LIMITED financials changed over the last 3 years?
Between 2024 and 2026, BINARYLAB LIMITED's net assets fell by 92.5%, total assets fell by 87.2%, total liabilities rose by 4.9% and employee numbers was unchanged. Net assets contracted at 72.5% a year across the two years to 2026, from £17.93K to £1.35K. Reported headcount went from 2 in 2024 to 2 in 2026.
Which years of BINARYLAB LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.