GODEL TECHNOLOGIES EUROPE LIMITED Financials
- Company number
- 04551774CopyCopy
- Registered office
- 9th Floor, Neo, Charlotte Street, Manchester M1 4ET
- Incorporated
- 02/10/2002
Company snapshot
- Status
- Active
- Employees
- 47 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-23.34%vs 20222022: £28.52M
Total Assets
-13.30%vs 20222022: £42.53M
Cash in Bank
-31.59%vs 20222022: £20.93M
Total Liabilities
7.55%vs 20222022: £13.83M
Employees
+2vs 20222022: 45
In 2023, GODEL TECHNOLOGIES EUROPE LIMITED reported net assets of £21.86M. The same filing shows total assets of £36.87M, cash in bank of £14.32M and total liabilities of £14.88M. Reported headcount was 47 in 2023. Net Assets fell from £28.52M in 2022 to £21.86M in 2023 (-23.34%). 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
-23.34%from £28.52M 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 GODEL TECHNOLOGIES EUROPE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-2%vs 2021-1% a year compound (CAGR)
Cash in Bank
+15.4%vs 2021+7.4% a year compound (CAGR)
Total Assets
+19.9%vs 2021+9.5% a year compound (CAGR)
Total Liabilities
+78.6%vs 2021+33.6% a year compound (CAGR)
Employees
+27%vs 2021+10Biggest increase
Total Liabilities+78.6%
£8.33M in 2021 to £14.88M in 2023
Biggest decrease
Net Assets-2%
£22.31M in 2021 to £21.86M in 2023
GODEL TECHNOLOGIES EUROPE LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GODEL TECHNOLOGIES EUROPE 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
- 59.29%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
- 40.35%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
- 96.25%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
- 38.84%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £1.73M2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GODEL TECHNOLOGIES EUROPE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 22.31M | 28.52M | 21.86M |
| Total Assets£ | 30.76M | 42.53M | 36.87M |
| Cash in Bank£ | 12.41M | 20.93M | 14.32M |
| Total Liabilities£ | 8.33M | 13.83M | 14.88M |
| Employees | 37 | 45 | 47 |
GODEL TECHNOLOGIES EUROPE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GODEL TECHNOLOGIES EUROPE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GODEL TECHNOLOGIES EUROPE LIMITED reported net assets of £21.86M for 2023. That compares with £28.52M in 2022, a change of -23.34%.
GODEL TECHNOLOGIES EUROPE LIMITED reported total assets of £36.87M for 2023. That compares with £42.53M in 2022, a change of -13.30%.
GODEL TECHNOLOGIES EUROPE LIMITED reported cash in bank of £14.32M for 2023. That compares with £20.93M in 2022, a change of -31.59%.
GODEL TECHNOLOGIES EUROPE LIMITED reported 47 employees in 2023, compared with 45 in 2022.
Between 2021 and 2023, GODEL TECHNOLOGIES EUROPE LIMITED's net assets fell by 2%, cash in bank rose by 15.4%, total assets rose by 19.9% and total liabilities rose by 78.6%. Net assets contracted at 1% a year across the two years to 2023, from £22.31M to £21.86M. Reported headcount went from 37 in 2021 to 47 in 2023 (+10).
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.