BINC LTD Financials
- Company number
- 10020351Copy
Copy - Registered office
- 25 Lemon Street, Truro, Cornwall TR1 2LS
- Incorporated
- 23/02/2016
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
150.77%vs 20242024: £32.89K
Total Assets
11.18%vs 20242024: £248.34K
Cash in Bank
104.03%vs 20242024: £59.48K
Total Liabilities
-3.68%vs 20242024: £150.29K
Employees
0vs 20242024: 4
In 2025, BINC LTD reported net assets of £82.47K. The same filing shows total assets of £276.09K, cash in bank of £121.36K and total liabilities of £144.76K. Reported headcount was 4 in 2025. Cash in Bank rose from £59.48K in 2024 to £121.36K in 2025 (104.03%). 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
150.77%from £32.89K in 2024Year-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 BINC LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+15578%vs 2023+1152% a year compound (CAGR)
Cash in Bank
+588%vs 2023+162% a year compound (CAGR)
Total Assets
+111%vs 2023+45.1% a year compound (CAGR)
Total Liabilities
+48.3%vs 2023+21.8% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+15578%
£526.00 in 2023 to £82.47K in 2025
Every measure that changed in BINC LTD's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BINC 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
- 29.87%2025
- Liabilities to total assets
- 52.43%2025
- Cash to liabilities
- 83.83%2025
- Cash to total assets
- 43.95%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 BINC LTD 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£ | 2.20K | 1.36K | 526.00 | 32.89K | 82.47K |
| Total Assets£ | 105.11K | 81.01K | 131.08K | 248.34K | 276.09K |
| Cash in Bank£ | 50.13K | 13.45K | 17.63K | 59.48K | 121.36K |
| Total Liabilities£ | 102.90K | 79.65K | 97.64K | 150.29K | 144.76K |
| Employees | 4 | 4 | 4 | 4 | 4 |
BINC LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has BINC LTD filed financial statements?
Yes. Okredo holds filed figures for BINC LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did BINC LTD report in 2025?
BINC LTD reported net assets of £82.47K for 2025. That compares with £32.89K in 2024, a change of 150.77%.
What total assets did BINC LTD report in 2025?
BINC LTD reported total assets of £276.09K for 2025. That compares with £248.34K in 2024, a change of 11.18%.
What cash in bank did BINC LTD report in 2025?
BINC LTD reported cash in bank of £121.36K for 2025. That compares with £59.48K in 2024, a change of 104.03%.
How many people does BINC LTD employ?
BINC LTD reported 4 employees in 2025, compared with 4 in 2024.
How have BINC LTD financials changed over the last 3 years?
Between 2023 and 2025, BINC LTD's net assets rose by 15578%, cash in bank rose by 588%, total assets rose by 111% and total liabilities rose by 48.3%. Net assets compounded at 1152% a year across the two years to 2025, from £526.00 to £82.47K. Reported headcount went from 4 in 2023 to 4 in 2025.
Which years of BINC LTD 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.