K B TECH LIMITED Financials
- Company number
- 05624417CopyCopy
- Registered office
- 1st Floor Frant House Coach & Horses Passage, The Pantiles, Tunbridge Wells TN2 5TE
- Incorporated
- 16/11/2005
Company snapshot
- Status
- Active
- Employees
- 22 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.72%vs 20232023: £204.64K
Total Assets
-98.22%vs 20232023: £1.11M
Cash in Bank
11.40%vs 20232023: £787.02K
Total Liabilities
-2.71%vs 20222022: £676.59K
Employees
+3vs 20232023: 19
In 2024, K B TECH LIMITED reported net assets of £236.80K. The same filing shows total assets of £19.70K, cash in bank of £876.71K and total liabilities of £658.25K. Reported headcount was 22 in 2024. Total Assets fell from £1.11M in 2023 to £19.70K in 2024 (-98.22%). 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
15.72%from £204.64K 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 K B TECH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-37.6%vs 2022-21% a year compound (CAGR)
Cash in Bank
-12.2%vs 2022-6.3% a year compound (CAGR)
Total Assets
-98.4%vs 2022-87.5% a year compound (CAGR)
Employees
+29.4%vs 2022+5Biggest increase
Employees+29.4%
17 in 2022 to 22 in 2024
Biggest decrease
Total Assets-98.4%
£1.26M in 2022 to £19.70K in 2024
K B TECH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from K B TECH 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
- 1,202.33%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
- 59.47%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
- 119.56%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
- 4,451.42%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 K B TECH 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£ | 358.51K | 379.27K | 204.64K | 236.80K |
| Total Assets£ | 1.16M | 1.26M | 1.11M | 19.70K |
| Cash in Bank£ | 699.89K | 998.68K | 787.02K | 876.71K |
| Total Liabilities£ | 494.30K | 676.59K | 658.25K | – |
| Employees | 16 | 17 | 19 | 22 |
K B TECH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for K B TECH LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
K B TECH LIMITED reported net assets of £236.80K for 2024. That compares with £204.64K in 2023, a change of 15.72%.
K B TECH LIMITED reported total assets of £19.70K for 2024. That compares with £1.11M in 2023, a change of -98.22%.
K B TECH LIMITED reported cash in bank of £876.71K for 2024. That compares with £787.02K in 2023, a change of 11.40%.
K B TECH LIMITED reported 22 employees in 2024, compared with 19 in 2023.
Between 2022 and 2024, K B TECH LIMITED's net assets fell by 37.6%, cash in bank fell by 12.2%, total assets fell by 98.4% and employee numbers rose by 29.4%. Net assets contracted at 21% a year across the two years to 2024, from £379.27K to £236.80K. Reported headcount went from 17 in 2022 to 22 in 2024 (+5).
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.