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JBCCONNECT LIMITED Financials

Company number
10352243Copy
Copy
Registered office
C/- Sable International, 5th Floor, 18 St. Swithin's Lane, London, England EC4N 8AD
Incorporated
31/08/2016

Company snapshot

Status
Active
Employees
99 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-47.42K2024
31.62%vs 2023

2023: £-69.35K

Total Assets

£1.39M2024
236.59%vs 2023

2023: £411.86K

Cash in Bank

£242.21K2024
658.04%vs 2023

2023: £31.95K

Total Liabilities

£1.43M2024
197.93%vs 2023

2023: £481.21K

Employees

992024
+76vs 2023

2023: 23

In 2024, JBCCONNECT LIMITED reported net assets of £-47.42K. The same filing shows total assets of £1.39M, cash in bank of £242.21K and total liabilities of £1.43M. Reported headcount was 99 in 2024. Total Assets rose from £411.86K in 2023 to £1.39M in 2024 (236.59%). 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

£-47.42K2024
31.62%from £-69.35K in 2023

Year-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 JBCCONNECT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£149.88K2022£-47.42K2024
-132%vs 2022

Cash in Bank

£255.16K2022£242.21K2024
-5.1%vs 2022

-2.6% a year compound (CAGR)

Total Assets

£394.15K2022£1.39M2024
+252%vs 2022

+87.5% a year compound (CAGR)

Total Liabilities

£244.27K2022£1.43M2024
+487%vs 2022

+142% a year compound (CAGR)

Employees

392022992024
+154%vs 2022+60

Biggest increase

Total Liabilities+487%

£244.27K in 2022 to £1.43M in 2024

Biggest decrease

Net Assets-132%

£149.88K in 2022 to £-47.42K in 2024

JBCCONNECT 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 JBCCONNECT 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
-3.42%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
103.42%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
16.89%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
17.47%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 JBCCONNECT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£110.28K149.88K-69.35K-47.42K
Total Assets£1.42M394.15K411.86K1.39M
Cash in Bank£1.12M255.16K31.95K242.21K
Total Liabilities£1.31M244.27K481.21K1.43M
Employees23392399

JBCCONNECT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for JBCCONNECT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

JBCCONNECT LIMITED reported net assets of £-47.42K for 2024. That compares with £-69.35K in 2023, a change of 31.62%.

JBCCONNECT LIMITED reported total assets of £1.39M for 2024. That compares with £411.86K in 2023, a change of 236.59%.

JBCCONNECT LIMITED reported cash in bank of £242.21K for 2024. That compares with £31.95K in 2023, a change of 658.04%.

JBCCONNECT LIMITED reported 99 employees in 2024, compared with 23 in 2023.

Between 2022 and 2024, JBCCONNECT LIMITED's net assets fell by 132%, cash in bank fell by 5.1%, total assets rose by 252% and total liabilities rose by 487%. Cash in bank contracted at 2.6% a year across the two years to 2024, from £255.16K to £242.21K. Reported headcount went from 39 in 2022 to 99 in 2024 (+60).

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.