CINQ IT LIMITED Financials
- Company number
- 13787789CopyCopy
- Registered office
- Suite 88 Elder House, 548-550 Elder Gate, Milton Keynes, Buckinghamshire MK9 1LR
- Incorporated
- 07/12/2021
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
38.31%vs 20232023: £84.74K
Total Assets
42.05%vs 20232023: £237.82K
Total Liabilities
44.12%vs 20232023: £153.08K
Employees
0vs 20232023: 3
In 2024, CINQ IT LIMITED reported net assets of £117.20K. The same filing shows total assets of £337.83K and total liabilities of £220.63K. Reported headcount was 3 in 2024. Total Assets rose from £237.82K in 2023 to £337.83K in 2024 (42.05%). Okredo holds filed figures for 2022–2024; 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
38.31%from £84.74K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures CINQ IT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+55.8%vs 2022+24.8% a year compound (CAGR)
Total Assets
+80.3%vs 2022+34.3% a year compound (CAGR)
Total Liabilities
+80.7%vs 2022+34.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+80.7%
£122.12K in 2022 to £220.63K in 2024
Every measure that changed in CINQ IT LIMITED's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CINQ IT 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
- 34.69%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
- 65.31%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CINQ IT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 75.23K | 84.74K | 117.20K |
| Total Assets£ | 187.36K | 237.82K | 337.83K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 122.12K | 153.08K | 220.63K |
| Employees | 3 | 3 | 3 |
CINQ IT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CINQ IT LIMITED covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.
CINQ IT LIMITED reported net assets of £117.20K for 2024. That compares with £84.74K in 2023, a change of 38.31%.
CINQ IT LIMITED reported total assets of £337.83K for 2024. That compares with £237.82K in 2023, a change of 42.05%.
CINQ IT LIMITED reported total liabilities of £220.63K for 2024. That compares with £153.08K in 2023, a change of 44.12%.
CINQ IT LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, CINQ IT LIMITED's net assets rose by 55.8%, total assets rose by 80.3%, total liabilities rose by 80.7% and employee numbers was unchanged. Net assets compounded at 24.8% a year across the two years to 2024, from £75.23K to £117.20K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.