MULTIPASS PLATFORMS LIMITED Financials
- Company number
- 10841289Copy
Copy - Registered office
- 87 - 89 Baker Street, London W1U 6RJ
- Incorporated
- 29/06/2017
Company snapshot
- Status
- Active
- Employees
- 37 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-64.51%vs 20232023: £3.03M
Total Assets
-52.17%vs 20232023: £3.89M
Cash in Bank
-7.71%vs 20232023: £748.56K
Total Liabilities
-7.59%vs 20232023: £815.77K
Employees
-13vs 20232023: 50
In 2024, MULTIPASS PLATFORMS LIMITED reported net assets of £1.07M. The same filing shows total assets of £1.86M, cash in bank of £690.88K and total liabilities of £753.85K. Reported headcount was 37 in 2024. Total Assets fell from £3.89M in 2023 to £1.86M in 2024 (-52.17%). 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
-64.51%from £3.03M 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 MULTIPASS PLATFORMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-51.2%vs 2022-30.2% a year compound (CAGR)
Cash in Bank
-28.8%vs 2022-15.6% a year compound (CAGR)
Total Assets
-37.4%vs 2022-20.9% a year compound (CAGR)
Total Liabilities
+2.7%vs 2022+1.3% a year compound (CAGR)
Employees
-9.8%vs 2022-4Biggest increase
Total Liabilities+2.7%
£734.06K in 2022 to £753.85K in 2024
Biggest decrease
Net Assets-51.2%
£2.20M in 2022 to £1.07M in 2024
MULTIPASS PLATFORMS 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 MULTIPASS PLATFORMS 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
- 57.68%2024
- Liabilities to total assets
- 40.48%2024
- Cash to liabilities
- 91.65%2024
- Cash to total assets
- 37.10%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MULTIPASS PLATFORMS 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£ | 646.95K | 2.20M | 3.03M | 1.07M |
| Total Assets£ | 989.47K | 2.98M | 3.89M | 1.86M |
| Cash in Bank£ | 604.30K | 970.20K | 748.56K | 690.88K |
| Total Liabilities£ | 329.05K | 734.06K | 815.77K | 753.85K |
| Employees | 30 | 41 | 50 | 37 |
MULTIPASS PLATFORMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MULTIPASS PLATFORMS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MULTIPASS PLATFORMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MULTIPASS PLATFORMS LIMITED report in 2024?
MULTIPASS PLATFORMS LIMITED reported net assets of £1.07M for 2024. That compares with £3.03M in 2023, a change of -64.51%.
What total assets did MULTIPASS PLATFORMS LIMITED report in 2024?
MULTIPASS PLATFORMS LIMITED reported total assets of £1.86M for 2024. That compares with £3.89M in 2023, a change of -52.17%.
What cash in bank did MULTIPASS PLATFORMS LIMITED report in 2024?
MULTIPASS PLATFORMS LIMITED reported cash in bank of £690.88K for 2024. That compares with £748.56K in 2023, a change of -7.71%.
How many people does MULTIPASS PLATFORMS LIMITED employ?
MULTIPASS PLATFORMS LIMITED reported 37 employees in 2024, compared with 50 in 2023.
How have MULTIPASS PLATFORMS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MULTIPASS PLATFORMS LIMITED's net assets fell by 51.2%, cash in bank fell by 28.8%, total assets fell by 37.4% and total liabilities rose by 2.7%. Net assets contracted at 30.2% a year across the two years to 2024, from £2.20M to £1.07M. Reported headcount went from 41 in 2022 to 37 in 2024 (-4).
Which years of MULTIPASS PLATFORMS LIMITED financial data are available?
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.