DC BYTE LTD Financials
- Company number
- 10922025CopyCopy
- Registered office
- The Union Building, 78 Cornhill, London EC3V 3QQ
- Incorporated
- 18/08/2017
Company snapshot
- Status
- Active
- Employees
- 25 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-123.11%vs 20222022: £413.29K
Total Assets
-30.97%vs 20222022: £2.72M
Cash in Bank
-74.08%vs 20222022: £1.73M
Total Liabilities
-15.35%vs 20222022: £2.29M
Employees
+2vs 20222022: 23
In 2023, DC BYTE LTD reported net assets of £-95.51K. The same filing shows total assets of £1.88M, cash in bank of £449.52K and total liabilities of £1.94M. Reported headcount was 25 in 2023. Cash in Bank fell from £1.73M in 2022 to £449.52K in 2023 (-74.08%). 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
-123.11%from £413.29K 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 DC BYTE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-125%vs 2021Cash in Bank
+344%vs 2021+111% a year compound (CAGR)
Total Assets
+216%vs 2021+77.6% a year compound (CAGR)
Total Liabilities
+897%vs 2021+216% a year compound (CAGR)
Employees
+178%vs 2021+16Biggest increase
Total Liabilities+897%
£194.20K in 2021 to £1.94M in 2023
Biggest decrease
Net Assets-125%
£384.07K in 2021 to £-95.51K in 2023
DC BYTE 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DC BYTE 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
- -5.08%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
- 102.99%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
- 23.21%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
- 23.90%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 DC BYTE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 384.07K | 413.29K | -95.51K |
| Total Assets£ | 595.95K | 2.72M | 1.88M |
| Cash in Bank£ | 101.34K | 1.73M | 449.52K |
| Total Liabilities£ | 194.20K | 2.29M | 1.94M |
| Employees | 9 | 23 | 25 |
DC BYTE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DC BYTE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
DC BYTE LTD reported net assets of £-95.51K for 2023. That compares with £413.29K in 2022, a change of -123.11%.
DC BYTE LTD reported total assets of £1.88M for 2023. That compares with £2.72M in 2022, a change of -30.97%.
DC BYTE LTD reported cash in bank of £449.52K for 2023. That compares with £1.73M in 2022, a change of -74.08%.
DC BYTE LTD reported 25 employees in 2023, compared with 23 in 2022.
Between 2021 and 2023, DC BYTE LTD's net assets fell by 125%, cash in bank rose by 344%, total assets rose by 216% and total liabilities rose by 897%. Cash in bank compounded at 111% a year across the two years to 2023, from £101.34K to £449.52K. Reported headcount went from 9 in 2021 to 25 in 2023 (+16).
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.