INTEC BUSINESS SOLUTIONS LIMITED Financials
- Company number
- 10148775CopyCopy
- Registered office
- Colony One Silk Street, Ancoats, Manchester M4 6LZ
- Incorporated
- 26/04/2016
Company snapshot
- Status
- Active
- Employees
- 31 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-61.49%vs 20222022: £-9.11M
Total Assets
17.65%vs 20222022: £20.74M
Cash in Bank
396.37%vs 20222022: £5.54K
Total Liabilities
31.03%vs 20222022: £29.85M
Employees
0vs 20222022: 31
In 2023, INTEC BUSINESS SOLUTIONS LIMITED reported net assets of £-14.71M. The same filing shows total assets of £24.40M, cash in bank of £27.51K and total liabilities of £39.11M. Reported headcount was 31 in 2023. Total Liabilities rose from £29.85M in 2022 to £39.11M in 2023 (31.03%). 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
-61.49%from £-9.11M 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 INTEC BUSINESS SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-90.5%vs 2021-69.2% a year compound (CAGR)
Total Assets
+91.6%vs 2021+38.4% a year compound (CAGR)
Total Liabilities
+127%vs 2021+50.7% a year compound (CAGR)
Employees
+63.2%vs 2021+12Biggest increase
Total Liabilities+127%
£17.22M in 2021 to £39.11M in 2023
Biggest decrease
Cash in Bank-90.5%
£289.42K in 2021 to £27.51K in 2023
INTEC BUSINESS SOLUTIONS 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INTEC BUSINESS 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
- -60.26%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
- 160.26%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
- 0.07%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
- 0.11%2023
- 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 INTEC BUSINESS SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -4.56M | -9.11M | -14.71M |
| Total Assets£ | 12.74M | 20.74M | 24.40M |
| Cash in Bank£ | 289.42K | 5.54K | 27.51K |
| Total Liabilities£ | 17.22M | 29.85M | 39.11M |
| Employees | 19 | 31 | 31 |
INTEC BUSINESS SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INTEC BUSINESS SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
INTEC BUSINESS SOLUTIONS LIMITED reported net assets of £-14.71M for 2023. That compares with £-9.11M in 2022, a change of -61.49%.
INTEC BUSINESS SOLUTIONS LIMITED reported total assets of £24.40M for 2023. That compares with £20.74M in 2022, a change of 17.65%.
INTEC BUSINESS SOLUTIONS LIMITED reported cash in bank of £27.51K for 2023. That compares with £5.54K in 2022, a change of 396.37%.
INTEC BUSINESS SOLUTIONS LIMITED reported 31 employees in 2023, compared with 31 in 2022.
Between 2021 and 2023, INTEC BUSINESS SOLUTIONS LIMITED's cash in bank fell by 90.5%, total assets rose by 91.6%, total liabilities rose by 127% and employee numbers rose by 63.2%. Cash in bank contracted at 69.2% a year across the two years to 2023, from £289.42K to £27.51K. Reported headcount went from 19 in 2021 to 31 in 2023 (+12).
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.