BITREZ LIMITED Financials
- Company number
- 04138468CopyCopy
- Registered office
- Bradley Hall Trading Estate, Bradley Hall Standish, Wigan, Lancashire WN6 0XQ
- Incorporated
- 10/01/2001
Company snapshot
- Status
- Active
- Employees
- 88 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.88%vs 20232023: £15.05M
Total Assets
12.52%vs 20232023: £16.48M
Cash in Bank
15.95%vs 20232023: £4.38M
Total Liabilities
124.22%vs 20232023: £1.43M
Employees
0vs 20232023: 88
In 2024, BITREZ LIMITED reported net assets of £15.33M. The same filing shows total assets of £18.54M, cash in bank of £5.08M and total liabilities of £3.21M. Reported headcount was 88 in 2024. Total Assets rose from £16.48M in 2023 to £18.54M in 2024 (12.52%). 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
1.88%from £15.05M in 2023Year-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 BITREZ LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1.2%vs 2022+0.6% a year compound (CAGR)
Cash in Bank
+101%vs 2022+41.8% a year compound (CAGR)
Total Assets
+8.6%vs 2022+4.2% a year compound (CAGR)
Total Liabilities
+67.5%vs 2022+29.4% a year compound (CAGR)
Employees
-6.4%vs 2022-6Biggest increase
Cash in Bank+101%
£2.53M in 2022 to £5.08M in 2024
Biggest decrease
Employees-6.4%
94 in 2022 to 88 in 2024
BITREZ LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BITREZ 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
- 82.68%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
- 17.32%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
- 158.29%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
- 27.41%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £307.50K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BITREZ LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 13.28M | 15.15M | 15.05M | 15.33M |
| Total Assets£ | 18.47M | 17.07M | 16.48M | 18.54M |
| Cash in Bank£ | 2.88M | 2.53M | 4.38M | 5.08M |
| Total Liabilities£ | 5.19M | 1.92M | 1.43M | 3.21M |
| Employees | 96 | 94 | 88 | 88 |
BITREZ LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BITREZ LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BITREZ LIMITED reported net assets of £15.33M for 2024. That compares with £15.05M in 2023, a change of 1.88%.
BITREZ LIMITED reported total assets of £18.54M for 2024. That compares with £16.48M in 2023, a change of 12.52%.
BITREZ LIMITED reported cash in bank of £5.08M for 2024. That compares with £4.38M in 2023, a change of 15.95%.
BITREZ LIMITED reported 88 employees in 2024, compared with 88 in 2023.
Between 2022 and 2024, BITREZ LIMITED's net assets rose by 1.2%, cash in bank rose by 101%, total assets rose by 8.6% and total liabilities rose by 67.5%. Net assets compounded at 0.6% a year across the two years to 2024, from £15.15M to £15.33M. Reported headcount went from 94 in 2022 to 88 in 2024 (-6).
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.