DXCOVER LIMITED Financials
- Company number
- SC535447Copy
Copy - Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- 5 Robroyston Oval, Nova Technology Park, Glasgow, City Of Glasgow G33 1AP
- Incorporated
- 16/05/2016
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-11.41%vs 20232023: £9.82M
Total Assets
-11.77%vs 20232023: £10.65M
Cash in Bank
-83.72%vs 20232023: £5.06M
Total Liabilities
-16.15%vs 20232023: £724.31K
Employees
+2vs 20232023: 22
In 2024, DXCOVER LIMITED reported net assets of £8.70M. The same filing shows total assets of £9.40M, cash in bank of £824.17K and total liabilities of £607.32K. Reported headcount was 24 in 2024. Cash in Bank fell from £5.06M in 2023 to £824.17K in 2024 (-83.72%). 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
-11.41%from £9.82M 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 DXCOVER LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+132%vs 2022+52.4% a year compound (CAGR)
Cash in Bank
+320%vs 2022+105% a year compound (CAGR)
Total Assets
+121%vs 2022+48.5% a year compound (CAGR)
Total Liabilities
+39.8%vs 2022+18.2% a year compound (CAGR)
Employees
+33.3%vs 2022+6Biggest increase
Cash in Bank+320%
£196.00K in 2022 to £824.17K in 2024
Every indicator Okredo holds for DXCOVER LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DXCOVER LIMITED'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
- 92.59%2024
- Liabilities to total assets
- 6.46%2024
- Cash to liabilities
- 135.71%2024
- Cash to total assets
- 8.77%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.
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 DXCOVER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 4.34M | 3.75M | 9.82M | 8.70M |
| Total Assets£ | 4.88M | 4.26M | 10.65M | 9.40M |
| Cash in Bank£ | 1.84M | 196.00K | 5.06M | 824.17K |
| Total Liabilities£ | 428.67K | 434.44K | 724.31K | 607.32K |
| Employees | 16 | 18 | 22 | 24 |
DXCOVER LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has DXCOVER LIMITED filed financial statements?
Yes. Okredo holds filed figures for DXCOVER LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did DXCOVER LIMITED report in 2024?
DXCOVER LIMITED reported net assets of £8.70M for 2024. That compares with £9.82M in 2023, a change of -11.41%.
What total assets did DXCOVER LIMITED report in 2024?
DXCOVER LIMITED reported total assets of £9.40M for 2024. That compares with £10.65M in 2023, a change of -11.77%.
What cash in bank did DXCOVER LIMITED report in 2024?
DXCOVER LIMITED reported cash in bank of £824.17K for 2024. That compares with £5.06M in 2023, a change of -83.72%.
How many people does DXCOVER LIMITED employ?
DXCOVER LIMITED reported 24 employees in 2024, compared with 22 in 2023.
How have DXCOVER LIMITED financials changed over the last 3 years?
Between 2022 and 2024, DXCOVER LIMITED's net assets rose by 132%, cash in bank rose by 320%, total assets rose by 121% and total liabilities rose by 39.8%. Net assets compounded at 52.4% a year across the two years to 2024, from £3.75M to £8.70M. Reported headcount went from 18 in 2022 to 24 in 2024 (+6).
Which years of DXCOVER LIMITED 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.