Active

BIT2 LTD Financials

Company number
12379744Copy
Copy
Registered office
Clockwise Yorkshire House, Greek Street, Leeds LS1 5SH
Incorporated
30/12/2019

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£8.23K2024
128.73%vs 2023

2023: £-28.66K

Total Assets

£165.39K2024
152.50%vs 2023

2023: £65.50K

Cash in Bank

£42.96K2024
1.93K%vs 2023

2023: £2.12K

Total Liabilities

£133.55K2024
66.72%vs 2023

2023: £80.11K

Employees

72024
+1vs 2023

2023: 6

In 2024, BIT2 LTD reported net assets of £8.23K. The same filing shows total assets of £165.39K, cash in bank of £42.96K and total liabilities of £133.55K. Reported headcount was 7 in 2024. Total Assets rose from £65.50K in 2023 to £165.39K in 2024 (152.50%). 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

£8.23K2024
128.73%from £-28.66K in 2023

Year-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 BIT2 LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Employees

7202272024
0%vs 2022

BIT2 LTD's reported figures were unchanged between 2022 and 2024. With no movement in any measure, the period reads as a hold rather than a trend. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BIT2 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
4.98%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.
Liabilities to total assets
80.75%2024
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.
Cash to liabilities
32.17%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
25.98%2024
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 BIT2 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£10.82K–-28.66K8.23K
Total Assets£70.63K–65.50K165.39K
Cash in Bank£34.24K–2.12K42.96K
Total Liabilities£45.82K–80.11K133.55K
Employees4767

BIT2 LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for BIT2 LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

BIT2 LTD reported net assets of £8.23K for 2024. That compares with £-28.66K in 2023, a change of 128.73%.

BIT2 LTD reported total assets of £165.39K for 2024. That compares with £65.50K in 2023, a change of 152.50%.

BIT2 LTD reported cash in bank of £42.96K for 2024. That compares with £2.12K in 2023, a change of 1.93K%.

BIT2 LTD reported 7 employees in 2024, compared with 6 in 2023.

Between 2022 and 2024, BIT2 LTD's employee numbers was unchanged. Reported headcount went from 7 in 2022 to 7 in 2024.

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.