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F6S NETWORK LIMITED Financials

Company number
08522020Copy
Copy
Registered office
124 City Road, City Road, London EC1V 2NX
Incorporated
09/05/2013

Company snapshot

Status
Active
Employees
26 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£1.15M2024
-32.41%vs 2023

2023: £1.70M

Total Assets

£2.00M2024
-71.50%vs 2023

2023: £7.01M

Cash in Bank

£1.30M2024
-79.99%vs 2023

2023: £6.47M

Total Liabilities

£848.69K2024
-84.02%vs 2023

2023: £5.31M

Employees

262024
-12vs 2023

2023: 38

In 2024, F6S NETWORK LIMITED reported net assets of £1.15M. The same filing shows total assets of £2.00M, cash in bank of £1.30M and total liabilities of £848.69K. Reported headcount was 26 in 2024. Cash in Bank fell from £6.47M in 2023 to £1.30M in 2024 (-79.99%). 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

£1.15M2024
-32.41%from £1.70M 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 F6S NETWORK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.13M2022£1.15M2024
+1.5%vs 2022

+0.8% a year compound (CAGR)

Cash in Bank

£1.47M2022£1.30M2024
-12.1%vs 2022

-6.2% a year compound (CAGR)

Total Assets

£2.04M2022£2.00M2024
-2.3%vs 2022

-1.1% a year compound (CAGR)

Total Liabilities

£912.67K2022£848.69K2024
-7%vs 2022

-3.6% a year compound (CAGR)

Employees

452022262024
-42.2%vs 2022-19

Biggest increase

Net Assets+1.5%

£1.13M in 2022 to £1.15M in 2024

Biggest decrease

Employees-42.2%

45 in 2022 to 26 in 2024

F6S NETWORK LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from F6S NETWORK 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
57.53%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
42.47%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
152.66%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
64.84%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 F6S NETWORK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.11M1.13M1.70M1.15M
Total Assets£1.77M2.04M7.01M2.00M
Cash in Bank£1.40M1.47M6.47M1.30M
Total Liabilities£659.83K912.67K5.31M848.69K
Employees33453826

F6S NETWORK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for F6S NETWORK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

F6S NETWORK LIMITED reported net assets of £1.15M for 2024. That compares with £1.70M in 2023, a change of -32.41%.

F6S NETWORK LIMITED reported total assets of £2.00M for 2024. That compares with £7.01M in 2023, a change of -71.50%.

F6S NETWORK LIMITED reported cash in bank of £1.30M for 2024. That compares with £6.47M in 2023, a change of -79.99%.

F6S NETWORK LIMITED reported 26 employees in 2024, compared with 38 in 2023.

Between 2022 and 2024, F6S NETWORK LIMITED's net assets rose by 1.5%, cash in bank fell by 12.1%, total assets fell by 2.3% and total liabilities fell by 7%. Net assets compounded at 0.8% a year across the two years to 2024, from £1.13M to £1.15M. Reported headcount went from 45 in 2022 to 26 in 2024 (-19).

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.