CYD CONNECTS LTD Financials
- Company number
- 12150126Copy
Copy - Registered office
- 54a Renmuir Street, London, Greater London SW17 9SS
- Incorporated
- 12/08/2019
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 2021–2024.
Net Assets
-68.70%vs 20232023: £16.30K
Total Assets
22.38%vs 20232023: £35.02K
Cash in Bank
-77.58%vs 20212021: £35.59K
Total Liabilities
101.66%vs 20232023: £18.73K
Employees
-1vs 20232023: 4
In 2024, CYD CONNECTS LTD reported net assets of £5.10K. The same filing shows total assets of £42.86K, cash in bank of £7.98K and total liabilities of £37.76K. Reported headcount was 3 in 2024. Cash in Bank fell from £35.59K in 2021 to £7.98K in 2022 (-77.58%). 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
-68.70%from £16.30K 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 CYD CONNECTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+4336%vs 2022+566% a year compound (CAGR)
Employees
-25%vs 2022-1Biggest increase
Net Assets+4336%
£115.00 in 2022 to £5.10K in 2024
Biggest decrease
Employees-25%
4 in 2022 to 3 in 2024
CYD CONNECTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CYD CONNECTS 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
- 11.90%2024
- Liabilities to total assets
- 88.10%2024
- Cash to liabilities
- 121.49%2021
- Cash to total assets
- 73.76%2021
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 CYD CONNECTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 15.43K | 115.00 | 16.30K | 5.10K |
| Total Assets£ | 48.25K | – | 35.02K | 42.86K |
| Cash in Bank£ | 35.59K | 7.98K | – | – |
| Total Liabilities£ | 29.29K | – | 18.73K | 37.76K |
| Employees | 3 | 4 | 4 | 3 |
CYD CONNECTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has CYD CONNECTS LTD filed financial statements?
Yes. Okredo holds filed figures for CYD CONNECTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did CYD CONNECTS LTD report in 2024?
CYD CONNECTS LTD reported net assets of £5.10K for 2024. That compares with £16.30K in 2023, a change of -68.70%.
What total assets did CYD CONNECTS LTD report in 2024?
CYD CONNECTS LTD reported total assets of £42.86K for 2024. That compares with £35.02K in 2023, a change of 22.38%.
What cash in bank did CYD CONNECTS LTD report in 2022?
CYD CONNECTS LTD reported cash in bank of £7.98K for 2022. That compares with £35.59K in 2021, a change of -77.58%.
How many people does CYD CONNECTS LTD employ?
CYD CONNECTS LTD reported 3 employees in 2024, compared with 4 in 2023.
How have CYD CONNECTS LTD financials changed over the last 3 years?
Between 2022 and 2024, CYD CONNECTS LTD's net assets rose by 4336% and employee numbers fell by 25%. Net assets compounded at 566% a year across the two years to 2024, from £115.00 to £5.10K. Reported headcount went from 4 in 2022 to 3 in 2024 (-1).
Which years of CYD CONNECTS LTD financial data are available?
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.