CIRCTEC LTD. Financials
- Company number
- 11469773Copy
Copy - Registered office
- 167-169 Great Portland Street, 5th Floor, London W1W 5PF
- Incorporated
- 18/07/2018
Company snapshot
- Status
- Active
- Employees
- 13 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-153.48%vs 20222022: £-7.24M
Total Assets
-5.83%vs 20222022: £4.71M
Cash in Bank
862.71%vs 20222022: £13.45K
Total Liabilities
185.24%vs 20222022: £7.99M
Employees
+3vs 20222022: 10
In 2023, CIRCTEC LTD. reported net assets of £-18.36M. The same filing shows total assets of £4.44M, cash in bank of £129.44K and total liabilities of £22.80M. Reported headcount was 13 in 2023. Total Liabilities rose from £7.99M in 2022 to £22.80M in 2023 (185.24%). 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
-153.48%from £-7.24M in 2022Year-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 CIRCTEC LTD. filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-90.1%vs 2021-68.5% a year compound (CAGR)
Total Assets
-50.1%vs 2021-29.4% a year compound (CAGR)
Total Liabilities
+149%vs 2021+57.9% a year compound (CAGR)
Employees
+44.4%vs 2021+4Biggest increase
Total Liabilities+149%
£9.14M in 2021 to £22.80M in 2023
Biggest decrease
Cash in Bank-90.1%
£1.31M in 2021 to £129.44K in 2023
CIRCTEC 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CIRCTEC 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
- -413.46%2023
- Liabilities to total assets
- 513.41%2023
- Cash to liabilities
- 0.57%2023
- Cash to total assets
- 2.92%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 CIRCTEC LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -247.04K | -7.24M | -18.36M |
| Total Assets£ | 8.90M | 4.71M | 4.44M |
| Cash in Bank£ | 1.31M | 13.45K | 129.44K |
| Total Liabilities£ | 9.14M | 7.99M | 22.80M |
| Employees | 9 | 10 | 13 |
CIRCTEC LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Has CIRCTEC LTD. filed financial statements?
Yes. Okredo holds filed figures for CIRCTEC LTD. covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did CIRCTEC LTD. report in 2023?
CIRCTEC LTD. reported net assets of £-18.36M for 2023. That compares with £-7.24M in 2022, a change of -153.48%.
What total assets did CIRCTEC LTD. report in 2023?
CIRCTEC LTD. reported total assets of £4.44M for 2023. That compares with £4.71M in 2022, a change of -5.83%.
What cash in bank did CIRCTEC LTD. report in 2023?
CIRCTEC LTD. reported cash in bank of £129.44K for 2023. That compares with £13.45K in 2022, a change of 862.71%.
How many people does CIRCTEC LTD. employ?
CIRCTEC LTD. reported 13 employees in 2023, compared with 10 in 2022.
How have CIRCTEC LTD. financials changed over the last 3 years?
Between 2021 and 2023, CIRCTEC LTD.'s cash in bank fell by 90.1%, total assets fell by 50.1%, total liabilities rose by 149% and employee numbers rose by 44.4%. Cash in bank contracted at 68.5% a year across the two years to 2023, from £1.31M to £129.44K. Reported headcount went from 9 in 2021 to 13 in 2023 (+4).
Which years of CIRCTEC LTD. financial data are available?
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.