DEVOTEAM UK LTD Financials
- Company number
- 03047188CopyCopy
- Registered office
- Berkeley Square House, Berkeley Square, London W1J 6BD
- Incorporated
- 19/04/1995
Company snapshot
- Status
- Active
- Employees
- 126 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
17.61%vs 20222022: £3.69M
Total Assets
-0.76%vs 20222022: £11.76M
Cash in Bank
61.02%vs 20222022: £1.80M
Total Liabilities
-8.11%vs 20222022: £7.90M
Employees
-10vs 20222022: 136
In 2023, DEVOTEAM UK LTD reported net assets of £4.34M. The same filing shows total assets of £11.67M, cash in bank of £2.90M and total liabilities of £7.26M. Reported headcount was 126 in 2023. Cash in Bank rose from £1.80M in 2022 to £2.90M in 2023 (61.02%). 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
17.61%from £3.69M 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 DEVOTEAM UK LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+42.6%vs 2021+19.4% a year compound (CAGR)
Cash in Bank
+129%vs 2021+51.2% a year compound (CAGR)
Total Assets
+9.1%vs 2021+4.4% a year compound (CAGR)
Total Liabilities
-3.2%vs 2021-1.6% a year compound (CAGR)
Employees
+35.5%vs 2021+33Biggest increase
Cash in Bank+129%
£1.27M in 2021 to £2.90M in 2023
Biggest decrease
Total Liabilities-3.2%
£7.49M in 2021 to £7.26M in 2023
DEVOTEAM UK LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DEVOTEAM 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
- 37.16%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
- 62.16%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
- 39.92%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
- 24.81%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £215.31K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DEVOTEAM UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 3.04M | 3.69M | 4.34M |
| Total Assets£ | 10.70M | 11.76M | 11.67M |
| Cash in Bank£ | 1.27M | 1.80M | 2.90M |
| Total Liabilities£ | 7.49M | 7.90M | 7.26M |
| Employees | 93 | 136 | 126 |
DEVOTEAM UK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DEVOTEAM UK LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
DEVOTEAM UK LTD reported net assets of £4.34M for 2023. That compares with £3.69M in 2022, a change of 17.61%.
DEVOTEAM UK LTD reported total assets of £11.67M for 2023. That compares with £11.76M in 2022, a change of -0.76%.
DEVOTEAM UK LTD reported cash in bank of £2.90M for 2023. That compares with £1.80M in 2022, a change of 61.02%.
DEVOTEAM UK LTD reported 126 employees in 2023, compared with 136 in 2022.
Between 2021 and 2023, DEVOTEAM UK LTD's net assets rose by 42.6%, cash in bank rose by 129%, total assets rose by 9.1% and total liabilities fell by 3.2%. Net assets compounded at 19.4% a year across the two years to 2023, from £3.04M to £4.34M. Reported headcount went from 93 in 2021 to 126 in 2023 (+33).
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.