Active

BLUEWIRE TECHNOLOGIES LTD Financials

Company number
05416322Copy
Copy
Registered office
Regus, Broad Quay House, Bristol BS1 4DJ
Incorporated
06/04/2005

Company snapshot

Status
Active
Employees
29 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-259.23K2023
-1.20K%vs 2022

2022: £23.56K

Total Assets

£1.39M2023
11.80%vs 2022

2022: £1.25M

Cash in Bank

£697.63K2023
25.94%vs 2022

2022: £553.94K

Total Liabilities

£1.65M2023
35.14%vs 2022

2022: £1.22M

Employees

292023
+1vs 2022

2022: 28

In 2023, BLUEWIRE TECHNOLOGIES LTD reported net assets of £-259.23K. The same filing shows total assets of £1.39M, cash in bank of £697.63K and total liabilities of £1.65M. Reported headcount was 29 in 2023. Total Liabilities rose from £1.22M in 2022 to £1.65M in 2023 (35.14%). Okredo holds filed figures for 2021–2023; 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

£-259.23K2023
-1.20K%from £23.56K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures BLUEWIRE TECHNOLOGIES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£63.49K2021£-259.23K2023
-508%vs 2021

Cash in Bank

£745.37K2021£697.63K2023
-6.4%vs 2021

-3.3% a year compound (CAGR)

Total Assets

£1.23M2021£1.39M2023
+13.1%vs 2021

+6.3% a year compound (CAGR)

Total Liabilities

£1.17M2021£1.65M2023
+41.4%vs 2021

+18.9% a year compound (CAGR)

Employees

282021292023
+3.6%vs 2021+1

Biggest increase

Total Liabilities+41.4%

£1.17M in 2021 to £1.65M in 2023

Biggest decrease

Net Assets-508%

£63.49K in 2021 to £-259.23K in 2023

BLUEWIRE TECHNOLOGIES LTD's filings pull in both directions between 2021 and 2023. 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 BLUEWIRE TECHNOLOGIES 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
-18.59%2023
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
118.59%2023
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
42.18%2023
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
50.02%2023
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 BLUEWIRE TECHNOLOGIES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£63.49K23.56K-259.23K
Total Assets£1.23M1.25M1.39M
Cash in Bank£745.37K553.94K697.63K
Total Liabilities£1.17M1.22M1.65M
Employees282829

BLUEWIRE TECHNOLOGIES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for BLUEWIRE TECHNOLOGIES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

BLUEWIRE TECHNOLOGIES LTD reported net assets of £-259.23K for 2023. That compares with £23.56K in 2022, a change of -1.20K%.

BLUEWIRE TECHNOLOGIES LTD reported total assets of £1.39M for 2023. That compares with £1.25M in 2022, a change of 11.80%.

BLUEWIRE TECHNOLOGIES LTD reported cash in bank of £697.63K for 2023. That compares with £553.94K in 2022, a change of 25.94%.

BLUEWIRE TECHNOLOGIES LTD reported 29 employees in 2023, compared with 28 in 2022.

Between 2021 and 2023, BLUEWIRE TECHNOLOGIES LTD's net assets fell by 508%, cash in bank fell by 6.4%, total assets rose by 13.1% and total liabilities rose by 41.4%. Cash in bank contracted at 3.3% a year across the two years to 2023, from £745.37K to £697.63K. Reported headcount went from 28 in 2021 to 29 in 2023 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.