HTEC LIMITED Financials
- Company number
- 01486255CopyCopy
- Registered office
- 5 New Street Square, London EC4A 3TW
- Incorporated
- 19/03/1980
Company snapshot
- Status
- Active
- Employees
- 132 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-29.65%vs 20232023: £14.13M
Total Assets
-22.05%vs 20232023: £19.16M
Cash in Bank
-2.72%vs 20232023: £815.70K
Total Liabilities
1.74%vs 20232023: £4.82M
Employees
0vs 20232023: 132
In 2024, HTEC LIMITED reported net assets of £9.94M. The same filing shows total assets of £14.93M, cash in bank of £793.54K and total liabilities of £4.90M. Reported headcount was 132 in 2024. Total Assets fell from £19.16M in 2023 to £14.93M in 2024 (-22.05%). 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
-29.65%from £14.13M 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 HTEC LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-22.8%vs 2022-12.2% a year compound (CAGR)
Cash in Bank
-4.2%vs 2022-2.1% a year compound (CAGR)
Total Assets
-24.4%vs 2022-13% a year compound (CAGR)
Total Liabilities
-25.2%vs 2022-13.5% a year compound (CAGR)
Employees
-27.9%vs 2022-51Biggest decrease
Employees-27.9%
183 in 2022 to 132 in 2024
Every indicator Okredo holds for HTEC LIMITED fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HTEC 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
- 66.59%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
- 32.82%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
- 16.19%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
- 5.31%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £78.48K2024
- 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 HTEC 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£ | 13.70M | 12.88M | 14.13M | 9.94M |
| Total Assets£ | 29.54M | 19.74M | 19.16M | 14.93M |
| Cash in Bank£ | 700.32K | 828.06K | 815.70K | 793.54K |
| Total Liabilities£ | 14.47M | 6.55M | 4.82M | 4.90M |
| Employees | 215 | 183 | 132 | 132 |
HTEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HTEC LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HTEC LIMITED reported net assets of £9.94M for 2024. That compares with £14.13M in 2023, a change of -29.65%.
HTEC LIMITED reported total assets of £14.93M for 2024. That compares with £19.16M in 2023, a change of -22.05%.
HTEC LIMITED reported cash in bank of £793.54K for 2024. That compares with £815.70K in 2023, a change of -2.72%.
HTEC LIMITED reported 132 employees in 2024, compared with 132 in 2023.
Between 2022 and 2024, HTEC LIMITED's net assets fell by 22.8%, cash in bank fell by 4.2%, total assets fell by 24.4% and total liabilities fell by 25.2%. Net assets contracted at 12.2% a year across the two years to 2024, from £12.88M to £9.94M. Reported headcount went from 183 in 2022 to 132 in 2024 (-51).
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.