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GD BUSINESS TECHNOLOGY LTD Financials

Company number
13637255Copy
Copy
Registered office
Irish Square, Upper Denbigh Road, St Asaph, Denbighshire LL17 0RN
Incorporated
22/09/2021

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£324.46K2024
23.05%vs 2023

2023: £263.68K

Total Assets

£584.66K2024
-3.17%vs 2023

2023: £603.82K

Cash in Bank

£341.94K2024
27.89%vs 2023

2023: £267.36K

Total Liabilities

£260.20K2024
-23.50%vs 2023

2023: £340.14K

Employees

82024
+1vs 2023

2023: 7

In 2024, GD BUSINESS TECHNOLOGY LTD reported net assets of £324.46K. The same filing shows total assets of £584.66K, cash in bank of £341.94K and total liabilities of £260.20K. Reported headcount was 8 in 2024. Total Liabilities fell from £340.14K in 2023 to £260.20K in 2024 (-23.50%). Okredo holds filed figures for 2022–2024; 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

£324.46K2024
23.05%from £263.68K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures GD BUSINESS TECHNOLOGY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£185.35K2022£324.46K2024
+75.1%vs 2022

+32.3% a year compound (CAGR)

Cash in Bank

£196.49K2022£341.94K2024
+74%vs 2022

+31.9% a year compound (CAGR)

Total Assets

£347.54K2022£584.66K2024
+68.2%vs 2022

+29.7% a year compound (CAGR)

Total Liabilities

£162.19K2022£260.20K2024
+60.4%vs 2022

+26.7% a year compound (CAGR)

Employees

3202282024
+167%vs 2022+5

Biggest increase

Employees+167%

3 in 2022 to 8 in 2024

Every indicator Okredo holds for GD BUSINESS TECHNOLOGY LTD rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GD BUSINESS TECHNOLOGY 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
55.50%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
44.50%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
131.41%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
58.49%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 GD BUSINESS TECHNOLOGY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£185.35K263.68K324.46K
Total Assets£347.54K603.82K584.66K
Cash in Bank£196.49K267.36K341.94K
Total Liabilities£162.19K340.14K260.20K
Employees378

GD BUSINESS TECHNOLOGY LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GD BUSINESS TECHNOLOGY LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

GD BUSINESS TECHNOLOGY LTD reported net assets of £324.46K for 2024. That compares with £263.68K in 2023, a change of 23.05%.

GD BUSINESS TECHNOLOGY LTD reported total assets of £584.66K for 2024. That compares with £603.82K in 2023, a change of -3.17%.

GD BUSINESS TECHNOLOGY LTD reported cash in bank of £341.94K for 2024. That compares with £267.36K in 2023, a change of 27.89%.

GD BUSINESS TECHNOLOGY LTD reported 8 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, GD BUSINESS TECHNOLOGY LTD's net assets rose by 75.1%, cash in bank rose by 74%, total assets rose by 68.2% and total liabilities rose by 60.4%. Net assets compounded at 32.3% a year across the two years to 2024, from £185.35K to £324.46K. Reported headcount went from 3 in 2022 to 8 in 2024 (+5).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.