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GLOBALFORCE TECHNOLOGY LTD. Financials

Company number
03480029Copy
Copy
Registered office
Flat 19 Pioneer Centre, Frobisher Place, London SE15 2EE
Incorporated
12/12/1997

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£275.05K2024
20.42%vs 2023

2023: £228.41K

Total Assets

£96.18K2022
666.22%vs 2021

2021: £12.55K

Cash in Bank

£207.95K2024
19.01%vs 2023

2023: £174.73K

Total Liabilities

£32.51K2022
588.73%vs 2021

2021: £4.72K

Employees

32024
0vs 2023

2023: 3

In 2024, GLOBALFORCE TECHNOLOGY LTD. reported net assets of £275.05K. The same filing shows total assets of £96.18K, cash in bank of £207.95K and total liabilities of £32.51K. Reported headcount was 3 in 2024. Total Assets rose from £12.55K in 2021 to £96.18K in 2022 (666.22%). 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

£275.05K2024
20.42%from £228.41K 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 GLOBALFORCE TECHNOLOGY LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£157.75K2022£275.05K2024
+74.4%vs 2022

+32% a year compound (CAGR)

Cash in Bank

£96.18K2022£207.95K2024
+116%vs 2022

+47% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Cash in Bank+116%

£96.18K in 2022 to £207.95K in 2024

Every measure that changed in GLOBALFORCE TECHNOLOGY LTD.'s filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GLOBALFORCE 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
164.01%2022
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
33.80%2022
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
295.87%2022
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
100.00%2022
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 GLOBALFORCE TECHNOLOGY LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£101.91K157.75K228.41K275.05K
Total Assets£12.55K96.18K––
Cash in Bank£2.55K96.18K174.73K207.95K
Total Liabilities£4.72K32.51K––
Employees2333

GLOBALFORCE TECHNOLOGY LTD. financials: frequently asked questions

Answered from this company's own filed figures.

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

GLOBALFORCE TECHNOLOGY LTD. reported net assets of £275.05K for 2024. That compares with £228.41K in 2023, a change of 20.42%.

GLOBALFORCE TECHNOLOGY LTD. reported total assets of £96.18K for 2022. That compares with £12.55K in 2021, a change of 666.22%.

GLOBALFORCE TECHNOLOGY LTD. reported cash in bank of £207.95K for 2024. That compares with £174.73K in 2023, a change of 19.01%.

GLOBALFORCE TECHNOLOGY LTD. reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, GLOBALFORCE TECHNOLOGY LTD.'s net assets rose by 74.4%, cash in bank rose by 116% and employee numbers was unchanged. Net assets compounded at 32% a year across the two years to 2024, from £157.75K to £275.05K. Reported headcount went from 3 in 2022 to 3 in 2024.

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.