GRAVITATE DIGITAL ACCOUNTING LIMITED Financials
- Company number
- 12096216Copy
Copy - Registered office
- Unit 13e, 92 Burton Road, Neepsend, Sheffield S3 8BX
- Incorporated
- 10/07/2019
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-51.29%vs 20232023: £102.31K
Total Assets
3.94%vs 20232023: £310.40K
Cash in Bank
-95.81%vs 20232023: £112.74K
Total Liabilities
14.78%vs 20232023: £178.41K
Employees
+11vs 20232023: 13
In 2024, GRAVITATE DIGITAL ACCOUNTING LIMITED reported net assets of £49.83K. The same filing shows total assets of £322.64K, cash in bank of £4.73K and total liabilities of £204.78K. Reported headcount was 24 in 2024. Cash in Bank fell from £112.74K in 2023 to £4.73K in 2024 (-95.81%). 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
-51.29%from £102.31K in 2023Year-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 GRAVITATE DIGITAL ACCOUNTING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-35.8%vs 2022-19.9% a year compound (CAGR)
Cash in Bank
-94.4%vs 2022-76.4% a year compound (CAGR)
Total Assets
+33.9%vs 2022+15.7% a year compound (CAGR)
Total Liabilities
+55.9%vs 2022+24.9% a year compound (CAGR)
Employees
+118%vs 2022+13Biggest increase
Employees+118%
11 in 2022 to 24 in 2024
Biggest decrease
Cash in Bank-94.4%
£85.04K in 2022 to £4.73K in 2024
GRAVITATE DIGITAL ACCOUNTING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GRAVITATE DIGITAL ACCOUNTING 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
- 15.44%2024
- Liabilities to total assets
- 63.47%2024
- Cash to liabilities
- 2.31%2024
- Cash to total assets
- 1.46%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 GRAVITATE DIGITAL ACCOUNTING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 64.96K | 77.61K | 102.31K | 49.83K |
| Total Assets£ | 210.72K | 240.88K | 310.40K | 322.64K |
| Cash in Bank£ | 63.47K | 85.04K | 112.74K | 4.73K |
| Total Liabilities£ | 114.43K | 131.33K | 178.41K | 204.78K |
| Employees | 9 | 11 | 13 | 24 |
GRAVITATE DIGITAL ACCOUNTING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has GRAVITATE DIGITAL ACCOUNTING LIMITED filed financial statements?
Yes. Okredo holds filed figures for GRAVITATE DIGITAL ACCOUNTING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did GRAVITATE DIGITAL ACCOUNTING LIMITED report in 2024?
GRAVITATE DIGITAL ACCOUNTING LIMITED reported net assets of £49.83K for 2024. That compares with £102.31K in 2023, a change of -51.29%.
What total assets did GRAVITATE DIGITAL ACCOUNTING LIMITED report in 2024?
GRAVITATE DIGITAL ACCOUNTING LIMITED reported total assets of £322.64K for 2024. That compares with £310.40K in 2023, a change of 3.94%.
What cash in bank did GRAVITATE DIGITAL ACCOUNTING LIMITED report in 2024?
GRAVITATE DIGITAL ACCOUNTING LIMITED reported cash in bank of £4.73K for 2024. That compares with £112.74K in 2023, a change of -95.81%.
How many people does GRAVITATE DIGITAL ACCOUNTING LIMITED employ?
GRAVITATE DIGITAL ACCOUNTING LIMITED reported 24 employees in 2024, compared with 13 in 2023.
How have GRAVITATE DIGITAL ACCOUNTING LIMITED financials changed over the last 3 years?
Between 2022 and 2024, GRAVITATE DIGITAL ACCOUNTING LIMITED's net assets fell by 35.8%, cash in bank fell by 94.4%, total assets rose by 33.9% and total liabilities rose by 55.9%. Net assets contracted at 19.9% a year across the two years to 2024, from £77.61K to £49.83K. Reported headcount went from 11 in 2022 to 24 in 2024 (+13).
Which years of GRAVITATE DIGITAL ACCOUNTING LIMITED financial data are available?
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.