INCITE SOLUTIONS LIMITED Financials
- Company number
- 06060472CopyCopy
- Registered office
- Unit 14 Greenway Farm Bath Road, Wick, Bristol BS30 5RL
- Incorporated
- 22/01/2007
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-6.21%vs 20232023: £13.47K
Total Assets
-0.68%vs 20232023: £609.48K
Cash in Bank
Decreasedvs 20222022: £136.15K
Total Liabilities
2.69%vs 20232023: £551.05K
Employees
-8vs 20232023: 20
In 2024, INCITE SOLUTIONS LIMITED reported net assets of £12.63K. The same filing shows total assets of £605.31K, cash in bank of £1.40K and total liabilities of £565.86K. Reported headcount was 12 in 2024. Cash in Bank fell from £136.15K in 2022 to £1.40K in 2024. 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
-6.21%from £13.47K 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 INCITE SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-87.9%vs 2022-65.3% a year compound (CAGR)
Cash in Bank
-99%vs 2022-89.9% a year compound (CAGR)
Filed for 2022 and 2024 only
Total Assets
-23.5%vs 2022-12.6% a year compound (CAGR)
Total Liabilities
-17.6%vs 2022-9.2% a year compound (CAGR)
Employees
-36.8%vs 2022-7Biggest decrease
Cash in Bank-99%
£136.15K in 2022 to £1.40K in 2024
Every indicator Okredo holds for INCITE SOLUTIONS LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INCITE SOLUTIONS 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
- 2.09%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
- 93.48%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
- 0.25%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
- 0.23%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 INCITE SOLUTIONS 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£ | -21.10K | 104.65K | 13.47K | 12.63K |
| Total Assets£ | 542.94K | 791.54K | 609.48K | 605.31K |
| Cash in Bank£ | 40.30K | 136.15K | – | 1.40K |
| Total Liabilities£ | 564.03K | 686.89K | 551.05K | 565.86K |
| Employees | 19 | 19 | 20 | 12 |
INCITE SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INCITE SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
INCITE SOLUTIONS LIMITED reported net assets of £12.63K for 2024. That compares with £13.47K in 2023, a change of -6.21%.
INCITE SOLUTIONS LIMITED reported total assets of £605.31K for 2024. That compares with £609.48K in 2023, a change of -0.68%.
INCITE SOLUTIONS LIMITED reported cash in bank of £1.40K for 2024. That compares with £136.15K in 2022.
INCITE SOLUTIONS LIMITED reported 12 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, INCITE SOLUTIONS LIMITED's net assets fell by 87.9%, cash in bank fell by 99%, total assets fell by 23.5% and total liabilities fell by 17.6%. Net assets contracted at 65.3% a year across the two years to 2024, from £104.65K to £12.63K. Reported headcount went from 19 in 2022 to 12 in 2024 (-7).
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.