Active

FX TECHNOLOGY LIMITED Financials

Company number
11602958Copy
Copy
Registered office
2 Stone Buildings, Lincoln's Inn, London WC2A 3TH
Incorporated
03/10/2018

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£20.89K2024
180.98%vs 2023

2023: £-25.80K

Total Assets

£27.89M2024
1.06K%vs 2023

2023: £2.40M

Cash in Bank

£19.18M2024
161.23K%vs 2023

2023: £11.89K

Total Liabilities

£27.87M2024
1.05K%vs 2023

2023: £2.43M

Employees

82024
0vs 2023

2023: 8

In 2024, FX TECHNOLOGY LIMITED reported net assets of £20.89K. The same filing shows total assets of £27.89M, cash in bank of £19.18M and total liabilities of £27.87M. Reported headcount was 8 in 2024. Total Assets rose from £2.40M in 2023 to £27.89M in 2024 (1.06K%). 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

£20.89K2024
180.98%from £-25.80K 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 FX TECHNOLOGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-16.47K2022£20.89K2024
Increasedvs 2022

Cash in Bank

£107.24K2022£19.18M2024
+17785%vs 2022

+1237% a year compound (CAGR)

Total Assets

£3.21M2022£27.89M2024
+769%vs 2022

+195% a year compound (CAGR)

Total Liabilities

£3.13M2022£27.87M2024
+789%vs 2022

+198% a year compound (CAGR)

Employees

7202282024
+14.3%vs 2022+1

Biggest increase

Cash in Bank+17785%

£107.24K in 2022 to £19.18M in 2024

Every indicator Okredo holds for FX TECHNOLOGY 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 FX TECHNOLOGY 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
0.07%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
99.93%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
68.82%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
68.77%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 FX TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£45.88K-16.47K-25.80K20.89K
Total Assets£15.23M3.21M2.40M27.89M
Cash in Bank£9.34M107.24K11.89K19.18M
Total Liabilities£15.07M3.13M2.43M27.87M
Employees–788

FX TECHNOLOGY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

FX TECHNOLOGY LIMITED reported net assets of £20.89K for 2024. That compares with £-25.80K in 2023, a change of 180.98%.

FX TECHNOLOGY LIMITED reported total assets of £27.89M for 2024. That compares with £2.40M in 2023, a change of 1.06K%.

FX TECHNOLOGY LIMITED reported cash in bank of £19.18M for 2024. That compares with £11.89K in 2023, a change of 161.23K%.

FX TECHNOLOGY LIMITED reported 8 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, FX TECHNOLOGY LIMITED's cash in bank rose by 17785%, total assets rose by 769%, total liabilities rose by 789% and employee numbers rose by 14.3%. Cash in bank compounded at 1237% a year across the two years to 2024, from £107.24K to £19.18M. Reported headcount went from 7 in 2022 to 8 in 2024 (+1).

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.