COMPATIBILITY LIMITED Financials
- Company number
- 01964830CopyCopy
- Industry
- Retail sale of computers peripheral units and software in specialised stores (47.41 - SIC 2007)
- Registered office
- Factory One, Crowborough Hill, Crowborough, East Sussex TN6 2JL
- Incorporated
- 26/11/1985
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
-20.44%vs 20232023: £311.94K
Total Assets
-9.06%vs 20232023: £1.08M
Cash in Bank
-45.05%vs 20232023: £149.13K
Total Liabilities
-6.91%vs 20232023: £495.51K
Employees
+1vs 20232023: 13
In 2024, COMPATIBILITY LIMITED reported net assets of £248.16K. The same filing shows total assets of £983.05K, cash in bank of £81.95K and total liabilities of £461.29K. Reported headcount was 14 in 2024. Total Assets fell from £1.08M in 2023 to £983.05K in 2024 (-9.06%). 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
-20.44%from £311.94K 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 COMPATIBILITY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-26.4%vs 2022-14.2% a year compound (CAGR)
Cash in Bank
-47%vs 2022-27.2% a year compound (CAGR)
Total Assets
-8.3%vs 2022-4.3% a year compound (CAGR)
Total Liabilities
+0.2%vs 2022+<0.1% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+0.2%
£460.60K in 2022 to £461.29K in 2024
Biggest decrease
Cash in Bank-47%
£154.72K in 2022 to £81.95K in 2024
COMPATIBILITY LIMITED's filings pull in both directions between 2022 and 2024. 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 COMPATIBILITY 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
- 25.24%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
- 46.92%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
- 17.77%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
- 8.34%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 COMPATIBILITY 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£ | 334.07K | 337.23K | 311.94K | 248.16K |
| Total Assets£ | 1.17M | 1.07M | 1.08M | 983.05K |
| Cash in Bank£ | 220.00K | 154.72K | 149.13K | 81.95K |
| Total Liabilities£ | 545.79K | 460.60K | 495.51K | 461.29K |
| Employees | 14 | 14 | 13 | 14 |
COMPATIBILITY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for COMPATIBILITY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
COMPATIBILITY LIMITED reported net assets of £248.16K for 2024. That compares with £311.94K in 2023, a change of -20.44%.
COMPATIBILITY LIMITED reported total assets of £983.05K for 2024. That compares with £1.08M in 2023, a change of -9.06%.
COMPATIBILITY LIMITED reported cash in bank of £81.95K for 2024. That compares with £149.13K in 2023, a change of -45.05%.
COMPATIBILITY LIMITED reported 14 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, COMPATIBILITY LIMITED's net assets fell by 26.4%, cash in bank fell by 47%, total assets fell by 8.3% and total liabilities rose by 0.2%. Net assets contracted at 14.2% a year across the two years to 2024, from £337.23K to £248.16K. Reported headcount went from 14 in 2022 to 14 in 2024.
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.