FUTURE NETWORK SOLUTIONS LIMITED Financials
- Company number
- 06436509CopyCopy
- Registered office
- Unit 2 Intermezzo Drive, Stourton, Leeds, West Yorkshire LS10 1DF
- Incorporated
- 26/11/2007
Company snapshot
- Status
- Active
- Employees
- 60 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
268.41%vs 20222022: £202.56K
Total Assets
5.67%vs 20222022: £2.63M
Cash in Bank
325.56%vs 20222022: £15.37K
Total Liabilities
-13.68%vs 20222022: £1.84M
Employees
-1vs 20222022: 61
In 2023, FUTURE NETWORK SOLUTIONS LIMITED reported net assets of £746.24K. The same filing shows total assets of £2.78M, cash in bank of £65.41K and total liabilities of £1.59M. Reported headcount was 60 in 2023. Net Assets rose from £202.56K in 2022 to £746.24K in 2023 (268.41%). 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
268.41%from £202.56K 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 FUTURE NETWORK SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Total Assets
+18.1%vs 2021+8.7% a year compound (CAGR)
Total Liabilities
-34.8%vs 2021-19.2% a year compound (CAGR)
Employees
-7.7%vs 2021-5Biggest increase
Total Assets+18.1%
£2.36M in 2021 to £2.78M in 2023
Biggest decrease
Total Liabilities-34.8%
£2.44M in 2021 to £1.59M in 2023
FUTURE NETWORK SOLUTIONS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, 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 FUTURE NETWORK SOLUTIONS 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
- 26.83%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
- 57.25%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
- 4.11%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
- 2.35%2023
- 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 FUTURE NETWORK SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -86.00K | 202.56K | 746.24K |
| Total Assets£ | 2.36M | 2.63M | 2.78M |
| Cash in Bank£ | – | 15.37K | 65.41K |
| Total Liabilities£ | 2.44M | 1.84M | 1.59M |
| Employees | 65 | 61 | 60 |
FUTURE NETWORK SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FUTURE NETWORK SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FUTURE NETWORK SOLUTIONS LIMITED reported net assets of £746.24K for 2023. That compares with £202.56K in 2022, a change of 268.41%.
FUTURE NETWORK SOLUTIONS LIMITED reported total assets of £2.78M for 2023. That compares with £2.63M in 2022, a change of 5.67%.
FUTURE NETWORK SOLUTIONS LIMITED reported cash in bank of £65.41K for 2023. That compares with £15.37K in 2022, a change of 325.56%.
FUTURE NETWORK SOLUTIONS LIMITED reported 60 employees in 2023, compared with 61 in 2022.
Between 2021 and 2023, FUTURE NETWORK SOLUTIONS LIMITED's total assets rose by 18.1%, total liabilities fell by 34.8% and employee numbers fell by 7.7%. Total assets compounded at 8.7% a year across the two years to 2023, from £2.36M to £2.78M. Reported headcount went from 65 in 2021 to 60 in 2023 (-5).
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.