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CORNERSTONE TECHNOLOGIES LTD Financials

Company number
NI673192Copy
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Registered office
58 Shanlieve Court, Hilltown, Newry, County Down BT34 5YP
Incorporated
07/10/2020

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£23.95K2024
-76.32%vs 2023

2023: £101.12K

Total Assets

£247.17K2024
70.21%vs 2023

2023: £145.22K

Total Liabilities

£214.72K2024
386.96%vs 2023

2023: £44.09K

Employees

52024
0vs 2023

2023: 5

In 2024, CORNERSTONE TECHNOLOGIES LTD reported net assets of £23.95K. The same filing shows total assets of £247.17K and total liabilities of £214.72K. Reported headcount was 5 in 2024. Total Liabilities rose from £44.09K in 2023 to £214.72K in 2024 (386.96%). 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

£23.95K2024
-76.32%from £101.12K 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 CORNERSTONE TECHNOLOGIES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£51.56K2022£23.95K2024
-53.6%vs 2022

-31.8% a year compound (CAGR)

Total Assets

£107.30K2022£247.17K2024
+130%vs 2022

+51.8% a year compound (CAGR)

Total Liabilities

£55.75K2022£214.72K2024
+285%vs 2022

+96.3% a year compound (CAGR)

Employees

6202252024
-16.7%vs 2022-1

Biggest increase

Total Liabilities+285%

£55.75K in 2022 to £214.72K in 2024

Biggest decrease

Net Assets-53.6%

£51.56K in 2022 to £23.95K in 2024

CORNERSTONE TECHNOLOGIES LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from CORNERSTONE TECHNOLOGIES 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
9.69%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
86.87%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 CORNERSTONE TECHNOLOGIES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£5.63K51.56K101.12K23.95K
Total Assets£115.41K107.30K145.22K247.17K
Cash in Bank£––––
Total Liabilities£109.78K55.75K44.09K214.72K
Employees2655

CORNERSTONE TECHNOLOGIES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has CORNERSTONE TECHNOLOGIES LTD filed financial statements?

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Yes. Okredo holds filed figures for CORNERSTONE TECHNOLOGIES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did CORNERSTONE TECHNOLOGIES LTD report in 2024?

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CORNERSTONE TECHNOLOGIES LTD reported net assets of £23.95K for 2024. That compares with £101.12K in 2023, a change of -76.32%.

What total assets did CORNERSTONE TECHNOLOGIES LTD report in 2024?

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CORNERSTONE TECHNOLOGIES LTD reported total assets of £247.17K for 2024. That compares with £145.22K in 2023, a change of 70.21%.

What total liabilities did CORNERSTONE TECHNOLOGIES LTD report in 2024?

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CORNERSTONE TECHNOLOGIES LTD reported total liabilities of £214.72K for 2024. That compares with £44.09K in 2023, a change of 386.96%.

How many people does CORNERSTONE TECHNOLOGIES LTD employ?

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CORNERSTONE TECHNOLOGIES LTD reported 5 employees in 2024, compared with 5 in 2023.

How have CORNERSTONE TECHNOLOGIES LTD financials changed over the last 3 years?

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Between 2022 and 2024, CORNERSTONE TECHNOLOGIES LTD's net assets fell by 53.6%, total assets rose by 130%, total liabilities rose by 285% and employee numbers fell by 16.7%. Net assets contracted at 31.8% a year across the two years to 2024, from £51.56K to £23.95K. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).

Which years of CORNERSTONE TECHNOLOGIES LTD financial data are available?

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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.