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DEVOTEAM G CLOUD UK LTD Financials

Company number
10723684Copy
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Registered office
Berkeley Square House, Berkeley Square, London W1J 6BD
Incorporated
13/04/2017

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£790.15K2024
195.90%vs 2023

2023: £267.03K

Total Assets

£3.15M2024
60.22%vs 2023

2023: £1.97M

Cash in Bank

£821.002024
-99.80%vs 2023

2023: £403.22K

Total Liabilities

£2.36M2024
39.23%vs 2023

2023: £1.70M

Employees

72024
-3vs 2023

2023: 10

In 2024, DEVOTEAM G CLOUD UK LTD reported net assets of £790.15K. The same filing shows total assets of £3.15M, cash in bank of £821.00 and total liabilities of £2.36M. Reported headcount was 7 in 2024. Total Assets rose from £1.97M in 2023 to £3.15M in 2024 (60.22%). 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

£790.15K2024
195.90%from £267.03K 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 DEVOTEAM G CLOUD UK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£336.10K2022£790.15K2024
+135%vs 2022

+53.3% a year compound (CAGR)

Cash in Bank

£236.90K2022£821.002024
-99.7%vs 2022

-94.1% a year compound (CAGR)

Total Assets

£924.78K2022£3.15M2024
+241%vs 2022

+84.6% a year compound (CAGR)

Total Liabilities

£580.19K2022£2.36M2024
+307%vs 2022

+102% a year compound (CAGR)

Employees

7202272024
0%vs 2022

Biggest increase

Total Liabilities+307%

£580.19K in 2022 to £2.36M in 2024

Biggest decrease

Cash in Bank-99.7%

£236.90K in 2022 to £821.00 in 2024

DEVOTEAM G CLOUD UK 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from DEVOTEAM G CLOUD UK 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
25.07%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
74.91%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.
Cash to liabilities
0.03%2024
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
0.03%2024
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 DEVOTEAM G CLOUD UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£268.34K336.10K267.03K790.15K
Total Assets£560.07K924.78K1.97M3.15M
Cash in Bank£198.84K236.90K403.22K821.00
Total Liabilities£291.73K580.19K1.70M2.36M
Employees07107

DEVOTEAM G CLOUD UK LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for DEVOTEAM G CLOUD UK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

DEVOTEAM G CLOUD UK LTD reported net assets of £790.15K for 2024. That compares with £267.03K in 2023, a change of 195.90%.

DEVOTEAM G CLOUD UK LTD reported total assets of £3.15M for 2024. That compares with £1.97M in 2023, a change of 60.22%.

DEVOTEAM G CLOUD UK LTD reported cash in bank of £821.00 for 2024. That compares with £403.22K in 2023, a change of -99.80%.

DEVOTEAM G CLOUD UK LTD reported 7 employees in 2024, compared with 10 in 2023.

Between 2022 and 2024, DEVOTEAM G CLOUD UK LTD's net assets rose by 135%, cash in bank fell by 99.7%, total assets rose by 241% and total liabilities rose by 307%. Net assets compounded at 53.3% a year across the two years to 2024, from £336.10K to £790.15K. Reported headcount went from 7 in 2022 to 7 in 2024.

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.