DESTIN SOLUTIONS LTD Financials
- Company number
- 05658906CopyCopy
- Registered office
- Albert Edward House The Pavillions, Ashton-On-Ribble, Preston, Lancashire PR2 2YB
- Incorporated
- 20/12/2005
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-17.50%vs 20232023: £95.09K
Total Assets
27.14%vs 20232023: £224.80K
Total Liabilities
66.17%vs 20232023: £123.26K
Employees
+2vs 20232023: 11
In 2024, DESTIN SOLUTIONS LTD reported net assets of £78.45K. The same filing shows total assets of £285.80K and total liabilities of £204.82K. Reported headcount was 13 in 2024. Total Liabilities rose from £123.26K in 2023 to £204.82K in 2024 (66.17%). 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
-17.50%from £95.09K 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 DESTIN SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-64%vs 2022-40% a year compound (CAGR)
Total Assets
-23.2%vs 2022-12.4% a year compound (CAGR)
Total Liabilities
+32.8%vs 2022+15.2% a year compound (CAGR)
Employees
+62.5%vs 2022+5Biggest increase
Employees+62.5%
8 in 2022 to 13 in 2024
Biggest decrease
Net Assets-64%
£218.01K in 2022 to £78.45K in 2024
DESTIN SOLUTIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 DESTIN SOLUTIONS 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
- 27.45%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
- 71.66%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 DESTIN SOLUTIONS 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£ | 203.52K | 218.01K | 95.09K | 78.45K |
| Total Assets£ | 403.48K | 372.25K | 224.80K | 285.80K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 199.96K | 154.24K | 123.26K | 204.82K |
| Employees | 5 | 8 | 11 | 13 |
DESTIN SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DESTIN SOLUTIONS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
DESTIN SOLUTIONS LTD reported net assets of £78.45K for 2024. That compares with £95.09K in 2023, a change of -17.50%.
DESTIN SOLUTIONS LTD reported total assets of £285.80K for 2024. That compares with £224.80K in 2023, a change of 27.14%.
DESTIN SOLUTIONS LTD reported total liabilities of £204.82K for 2024. That compares with £123.26K in 2023, a change of 66.17%.
DESTIN SOLUTIONS LTD reported 13 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, DESTIN SOLUTIONS LTD's net assets fell by 64%, total assets fell by 23.2%, total liabilities rose by 32.8% and employee numbers rose by 62.5%. Net assets contracted at 40% a year across the two years to 2024, from £218.01K to £78.45K. Reported headcount went from 8 in 2022 to 13 in 2024 (+5).
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.