Active

KONECTA UK LIMITED Financials

Company number
02824494Copy
Copy
Registered office
8 Harbour Exchange Square, London E14 9HF
Incorporated
07/06/1993

Company snapshot

Status
Active
Employees
418 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£8.02M2024
114.01%vs 2023

2023: £3.75M

Total Assets

£314.40K2024
-95.59%vs 2023

2023: £7.13M

Cash in Bank

£681.35K2024
-42.66%vs 2023

2023: £1.19M

Total Liabilities

£2.85M2023
-9.88%vs 2022

2022: £3.16M

Employees

4182024
+180vs 2023

2023: 238

In 2024, KONECTA UK LIMITED reported net assets of £8.02M. The same filing shows total assets of £314.40K, cash in bank of £681.35K and total liabilities of £2.85M. Reported headcount was 418 in 2024. Total Assets fell from £7.13M in 2023 to £314.40K in 2024 (-95.59%). 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

£8.02M2024
114.01%from £3.75M 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 KONECTA UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.72M2022£8.02M2024
+116%vs 2022

+46.9% a year compound (CAGR)

Cash in Bank

£879.17K2022£681.35K2024
-22.5%vs 2022

-12% a year compound (CAGR)

Total Assets

£7.54M2022£314.40K2024
-95.8%vs 2022

-79.6% a year compound (CAGR)

Employees

25020224182024
+67.2%vs 2022+168

Biggest increase

Net Assets+116%

£3.72M in 2022 to £8.02M in 2024

Biggest decrease

Total Assets-95.8%

£7.54M in 2022 to £314.40K in 2024

KONECTA UK LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 KONECTA UK 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
2,551.57%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
39.99%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
41.70%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
216.71%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£60.98K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for KONECTA UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.70M3.72M3.75M8.02M
Total Assets£6.90M7.54M7.13M314.40K
Cash in Bank£1.36M879.17K1.19M681.35K
Total Liabilities£3.42M3.16M2.85M–
Employees210250238418

KONECTA UK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

KONECTA UK LIMITED reported net assets of £8.02M for 2024. That compares with £3.75M in 2023, a change of 114.01%.

KONECTA UK LIMITED reported total assets of £314.40K for 2024. That compares with £7.13M in 2023, a change of -95.59%.

KONECTA UK LIMITED reported cash in bank of £681.35K for 2024. That compares with £1.19M in 2023, a change of -42.66%.

KONECTA UK LIMITED reported 418 employees in 2024, compared with 238 in 2023.

Between 2022 and 2024, KONECTA UK LIMITED's net assets rose by 116%, cash in bank fell by 22.5%, total assets fell by 95.8% and employee numbers rose by 67.2%. Net assets compounded at 46.9% a year across the two years to 2024, from £3.72M to £8.02M. Reported headcount went from 250 in 2022 to 418 in 2024 (+168).

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.