Active

BNK SERVICES LTD Financials

Company number
09355210Copy
Copy
Registered office
128 City Road, London EC1V 2NX
Incorporated
15/12/2014

Company snapshot

Status
Active
Employees
14 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-42.49K2024
-133.67%vs 2023

2023: £126.20K

Total Assets

£185.01K2024
-34.93%vs 2023

2023: £284.34K

Cash in Bank

£102.55K2024
-44.35%vs 2023

2023: £184.28K

Total Liabilities

£227.50K2024
43.87%vs 2023

2023: £158.13K

Employees

142024
+2vs 2023

2023: 12

In 2024, BNK SERVICES LTD reported net assets of £-42.49K. The same filing shows total assets of £185.01K, cash in bank of £102.55K and total liabilities of £227.50K. Reported headcount was 14 in 2024. Net Assets fell from £126.20K in 2023 to £-42.49K in 2024 (-133.67%). 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

£-42.49K2024
-133.67%from £126.20K 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 BNK SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£175.65K2022£-42.49K2024
-124%vs 2022

Cash in Bank

£292.30K2022£102.55K2024
-64.9%vs 2022

-40.8% a year compound (CAGR)

Total Assets

£376.39K2022£185.01K2024
-50.8%vs 2022

-29.9% a year compound (CAGR)

Total Liabilities

£192.86K2022£227.50K2024
+18%vs 2022

+8.6% a year compound (CAGR)

Employees

52022142024
+180%vs 2022+9

Biggest increase

Employees+180%

5 in 2022 to 14 in 2024

Biggest decrease

Net Assets-124%

£175.65K in 2022 to £-42.49K in 2024

BNK SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 BNK SERVICES 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
-22.97%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
122.97%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
45.08%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
55.43%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 BNK SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£61.79K175.65K126.20K-42.49K
Total Assets£187.38K376.39K284.34K185.01K
Cash in Bank£–292.30K184.28K102.55K
Total Liabilities£125.59K192.86K158.13K227.50K
Employees351214

BNK SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

BNK SERVICES LTD reported net assets of £-42.49K for 2024. That compares with £126.20K in 2023, a change of -133.67%.

BNK SERVICES LTD reported total assets of £185.01K for 2024. That compares with £284.34K in 2023, a change of -34.93%.

BNK SERVICES LTD reported cash in bank of £102.55K for 2024. That compares with £184.28K in 2023, a change of -44.35%.

BNK SERVICES LTD reported 14 employees in 2024, compared with 12 in 2023.

Between 2022 and 2024, BNK SERVICES LTD's net assets fell by 124%, cash in bank fell by 64.9%, total assets fell by 50.8% and total liabilities rose by 18%. Cash in bank contracted at 40.8% a year across the two years to 2024, from £292.30K to £102.55K. Reported headcount went from 5 in 2022 to 14 in 2024 (+9).

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.