HUB SOFTWARE ENGINEERING LIMITED Financials
- Company number
- 07087610CopyCopy
- Registered office
- Highdown House, Yeoman Way, Worthing, West Sussex BN99 3HH
- Incorporated
- 26/11/2009
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-21.89%vs 20232023: £36.18K
Total Assets
-3.72%vs 20232023: £81.50K
Cash in Bank
66.18%vs 20232023: £26.02K
Total Liabilities
10.78%vs 20232023: £45.31K
Employees
0vs 20232023: 5
In 2024, HUB SOFTWARE ENGINEERING LIMITED reported net assets of £28.26K. The same filing shows total assets of £78.46K, cash in bank of £43.24K and total liabilities of £50.20K. Reported headcount was 5 in 2024. Cash in Bank rose from £26.02K in 2023 to £43.24K in 2024 (66.18%). 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
-21.89%from £36.18K 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 HUB SOFTWARE ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-45.5%vs 2022-26.2% a year compound (CAGR)
Cash in Bank
+49.3%vs 2022+22.2% a year compound (CAGR)
Total Assets
-8.1%vs 2022-4.2% a year compound (CAGR)
Total Liabilities
+49.6%vs 2022+22.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+49.6%
£33.55K in 2022 to £50.20K in 2024
Biggest decrease
Net Assets-45.5%
£51.87K in 2022 to £28.26K in 2024
HUB SOFTWARE ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. 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 HUB SOFTWARE ENGINEERING 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
- 36.02%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
- 63.98%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
- 86.13%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
- 55.11%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 HUB SOFTWARE ENGINEERING 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£ | 22.88K | 51.87K | 36.18K | 28.26K |
| Total Assets£ | 54.38K | 85.42K | 81.50K | 78.46K |
| Cash in Bank£ | 20.63K | 28.95K | 26.02K | 43.24K |
| Total Liabilities£ | 31.50K | 33.55K | 45.31K | 50.20K |
| Employees | 4 | 5 | 5 | 5 |
HUB SOFTWARE ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HUB SOFTWARE ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HUB SOFTWARE ENGINEERING LIMITED reported net assets of £28.26K for 2024. That compares with £36.18K in 2023, a change of -21.89%.
HUB SOFTWARE ENGINEERING LIMITED reported total assets of £78.46K for 2024. That compares with £81.50K in 2023, a change of -3.72%.
HUB SOFTWARE ENGINEERING LIMITED reported cash in bank of £43.24K for 2024. That compares with £26.02K in 2023, a change of 66.18%.
HUB SOFTWARE ENGINEERING LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, HUB SOFTWARE ENGINEERING LIMITED's net assets fell by 45.5%, cash in bank rose by 49.3%, total assets fell by 8.1% and total liabilities rose by 49.6%. Net assets contracted at 26.2% a year across the two years to 2024, from £51.87K to £28.26K. Reported headcount went from 5 in 2022 to 5 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.