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GLOBALTECH RECRUITMENT LIMITED Financials

Company number
11099742Copy
Copy
Registered office
168 Church Road, Hove BN3 2DL
Incorporated
06/12/2017

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£111.31K2024
153.42%vs 2023

2023: £43.92K

Total Assets

£524.69K2024
-22.80%vs 2023

2023: £679.67K

Cash in Bank

£52.95K2024
5.02K%vs 2023

2023: £1.03K

Total Liabilities

£405.58K2024
-35.56%vs 2023

2023: £629.41K

Employees

62024
+1vs 2023

2023: 5

In 2024, GLOBALTECH RECRUITMENT LIMITED reported net assets of £111.31K. The same filing shows total assets of £524.69K, cash in bank of £52.95K and total liabilities of £405.58K. Reported headcount was 6 in 2024. Total Liabilities fell from £629.41K in 2023 to £405.58K in 2024 (-35.56%). 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

£111.31K2024
153.42%from £43.92K 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 GLOBALTECH RECRUITMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£7.63K2022£111.31K2024
+1359%vs 2022

+282% a year compound (CAGR)

Cash in Bank

£14.25K2022£52.95K2024
+272%vs 2022

+92.8% a year compound (CAGR)

Total Assets

£722.41K2022£524.69K2024
-27.4%vs 2022

-14.8% a year compound (CAGR)

Total Liabilities

£710.32K2022£405.58K2024
-42.9%vs 2022

-24.4% a year compound (CAGR)

Employees

5202262024
+20%vs 2022+1

Biggest increase

Net Assets+1359%

£7.63K in 2022 to £111.31K in 2024

Biggest decrease

Total Liabilities-42.9%

£710.32K in 2022 to £405.58K in 2024

GLOBALTECH RECRUITMENT 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GLOBALTECH RECRUITMENT 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
21.21%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
77.30%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
13.05%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
10.09%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 GLOBALTECH RECRUITMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-65.61K7.63K43.92K111.31K
Total Assets£567.22K722.41K679.67K524.69K
Cash in Bank£25.45K14.25K1.03K52.95K
Total Liabilities£627.91K710.32K629.41K405.58K
Employees6556

GLOBALTECH RECRUITMENT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

GLOBALTECH RECRUITMENT LIMITED reported net assets of £111.31K for 2024. That compares with £43.92K in 2023, a change of 153.42%.

GLOBALTECH RECRUITMENT LIMITED reported total assets of £524.69K for 2024. That compares with £679.67K in 2023, a change of -22.80%.

GLOBALTECH RECRUITMENT LIMITED reported cash in bank of £52.95K for 2024. That compares with £1.03K in 2023, a change of 5.02K%.

GLOBALTECH RECRUITMENT LIMITED reported 6 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, GLOBALTECH RECRUITMENT LIMITED's net assets rose by 1359%, cash in bank rose by 272%, total assets fell by 27.4% and total liabilities fell by 42.9%. Net assets compounded at 282% a year across the two years to 2024, from £7.63K to £111.31K. Reported headcount went from 5 in 2022 to 6 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.