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ONIT EUROPE LTD Financials

Company number
12179678Copy
Copy
Registered office
The Priory Stomp Road, Burnham, Slough SL1 7LW
Incorporated
29/08/2019

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£-163.28K2024
26.58%vs 2023

2023: £-222.40K

Total Assets

£50.61K2024
-49.22%vs 2023

2023: £99.67K

Cash in Bank

£36.05K2024
-18.07%vs 2023

2023: £44.00K

Total Liabilities

£213.89K2024
-33.59%vs 2023

2023: £322.07K

Employees

82024
0vs 2023

2023: 8

In 2024, ONIT EUROPE LTD reported net assets of £-163.28K. The same filing shows total assets of £50.61K, cash in bank of £36.05K and total liabilities of £213.89K. Reported headcount was 8 in 2024. Total Liabilities fell from £322.07K in 2023 to £213.89K in 2024 (-33.59%). 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

£-163.28K2024
26.58%from £-222.40K 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 ONIT EUROPE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-265.27K2022£-163.28K2024
Increasedvs 2022

Cash in Bank

£17.31K2022£36.05K2024
+108%vs 2022

+44.3% a year compound (CAGR)

Total Assets

£18.02K2022£50.61K2024
+181%vs 2022

+67.6% a year compound (CAGR)

Total Liabilities

£283.29K2022£213.89K2024
-24.5%vs 2022

-13.1% a year compound (CAGR)

Employees

4202282024
+100%vs 2022+4

Biggest increase

Total Assets+181%

£18.02K in 2022 to £50.61K in 2024

Biggest decrease

Total Liabilities-24.5%

£283.29K in 2022 to £213.89K in 2024

ONIT EUROPE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ONIT EUROPE LTD'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
-322.60%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
422.60%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
16.85%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
71.23%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 ONIT EUROPE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-283.43K-265.27K-222.40K-163.28K
Total Assets£21.51K18.02K99.67K50.61K
Cash in Bank£19.18K17.31K44.00K36.05K
Total Liabilities£304.93K283.29K322.07K213.89K
Employees3488

ONIT EUROPE LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

ONIT EUROPE LTD reported net assets of £-163.28K for 2024. That compares with £-222.40K in 2023, a change of 26.58%.

ONIT EUROPE LTD reported total assets of £50.61K for 2024. That compares with £99.67K in 2023, a change of -49.22%.

ONIT EUROPE LTD reported cash in bank of £36.05K for 2024. That compares with £44.00K in 2023, a change of -18.07%.

ONIT EUROPE LTD reported 8 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, ONIT EUROPE LTD's cash in bank rose by 108%, total assets rose by 181%, total liabilities fell by 24.5% and employee numbers rose by 100%. Cash in bank compounded at 44.3% a year across the two years to 2024, from £17.31K to £36.05K. Reported headcount went from 4 in 2022 to 8 in 2024 (+4).

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.