CONTACT SYSTEMS LIMITED Financials
- Company number
- 10499953CopyCopy
- Registered office
- Focus House, Ham Road, Shoreham-By-Sea BN43 6PA
- Incorporated
- 28/11/2016
Company snapshot
- Status
- Active
- Employees
- 16 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
49.79%vs 20222022: £208.30K
Total Assets
18.13%vs 20222022: £702.57K
Cash in Bank
6.51%vs 20222022: £295.22K
Total Liabilities
4.78%vs 20222022: £494.27K
Employees
+2vs 20222022: 14
In 2023, CONTACT SYSTEMS LIMITED reported net assets of £312.02K. The same filing shows total assets of £829.92K, cash in bank of £314.45K and total liabilities of £517.90K. Reported headcount was 16 in 2023. Total Assets rose from £702.57K in 2022 to £829.92K in 2023 (18.13%). 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
49.79%from £208.30K 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 CONTACT SYSTEMS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+61%vs 2021+26.9% a year compound (CAGR)
Cash in Bank
+18.3%vs 2021+8.7% a year compound (CAGR)
Total Assets
+79.9%vs 2021+34.1% a year compound (CAGR)
Total Liabilities
+93.6%vs 2021+39.2% a year compound (CAGR)
Employees
+60%vs 2021+6Biggest increase
Total Liabilities+93.6%
£267.44K in 2021 to £517.90K in 2023
Every indicator Okredo holds for CONTACT SYSTEMS LIMITED rose between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CONTACT SYSTEMS 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
- 37.60%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
- 62.40%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
- 60.72%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
- 37.89%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 CONTACT SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 193.79K | 208.30K | 312.02K |
| Total Assets£ | 461.23K | 702.57K | 829.92K |
| Cash in Bank£ | 265.90K | 295.22K | 314.45K |
| Total Liabilities£ | 267.44K | 494.27K | 517.90K |
| Employees | 10 | 14 | 16 |
CONTACT SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CONTACT SYSTEMS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
CONTACT SYSTEMS LIMITED reported net assets of £312.02K for 2023. That compares with £208.30K in 2022, a change of 49.79%.
CONTACT SYSTEMS LIMITED reported total assets of £829.92K for 2023. That compares with £702.57K in 2022, a change of 18.13%.
CONTACT SYSTEMS LIMITED reported cash in bank of £314.45K for 2023. That compares with £295.22K in 2022, a change of 6.51%.
CONTACT SYSTEMS LIMITED reported 16 employees in 2023, compared with 14 in 2022.
Between 2021 and 2023, CONTACT SYSTEMS LIMITED's net assets rose by 61%, cash in bank rose by 18.3%, total assets rose by 79.9% and total liabilities rose by 93.6%. Net assets compounded at 26.9% a year across the two years to 2023, from £193.79K to £312.02K. Reported headcount went from 10 in 2021 to 16 in 2023 (+6).
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.