K-BINS LIMITED Financials
- Company number
- 02608881CopyCopy
- Registered office
- Lifford Hall Lifford Lane, Kings Norton, Birmingham, West Midlands B30 3JN
- Incorporated
- 09/05/1991
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-88.11%vs 20232023: £3.20M
Total Assets
-79.55%vs 20232023: £3.76M
Cash in Bank
-57.80%vs 20232023: £792.47K
Total Liabilities
-31.81%vs 20232023: £466.28K
Employees
-1vs 20232023: 7
In 2024, K-BINS LIMITED reported net assets of £381.08K. The same filing shows total assets of £768.80K, cash in bank of £334.42K and total liabilities of £317.94K. Reported headcount was 6 in 2024. Total Assets fell from £3.76M in 2023 to £768.80K in 2024 (-79.55%). 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
-88.11%from £3.20M 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-BINS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-86.7%vs 2022-63.5% a year compound (CAGR)
Cash in Bank
-20.2%vs 2022-10.7% a year compound (CAGR)
Employees
-14.3%vs 2022-1Biggest decrease
Net Assets-86.7%
£2.87M in 2022 to £381.08K in 2024
Every indicator Okredo holds for K-BINS LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from K-BINS 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
- 49.57%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
- 41.36%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
- 105.18%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
- 43.50%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-BINS 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£ | 2.61M | 2.87M | 3.20M | 381.08K |
| Total Assets£ | 2.99M | – | 3.76M | 768.80K |
| Cash in Bank£ | 179.69K | 419.01K | 792.47K | 334.42K |
| Total Liabilities£ | 378.83K | – | 466.28K | 317.94K |
| Employees | 7 | 7 | 7 | 6 |
K-BINS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for K-BINS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
K-BINS LIMITED reported net assets of £381.08K for 2024. That compares with £3.20M in 2023, a change of -88.11%.
K-BINS LIMITED reported total assets of £768.80K for 2024. That compares with £3.76M in 2023, a change of -79.55%.
K-BINS LIMITED reported cash in bank of £334.42K for 2024. That compares with £792.47K in 2023, a change of -57.80%.
K-BINS LIMITED reported 6 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, K-BINS LIMITED's net assets fell by 86.7%, cash in bank fell by 20.2% and employee numbers fell by 14.3%. Net assets contracted at 63.5% a year across the two years to 2024, from £2.87M to £381.08K. Reported headcount went from 7 in 2022 to 6 in 2024 (-1).
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.