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OX IT SOLUTIONS LIMITED Financials

Company number
10392088Copy
Copy
Registered office
Unit B6, Langford Lane, Kidlington OX5 1LQ
Incorporated
23/09/2016

Company snapshot

Status
Active
Employees
17 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£721.22K2024
5.85%vs 2023

2023: £681.39K

Total Assets

£3.22M2024
21.14%vs 2023

2023: £2.66M

Cash in Bank

£963.65K2024
51.96%vs 2023

2023: £634.16K

Total Liabilities

£2.41M2024
29.96%vs 2023

2023: £1.86M

Employees

172024
0vs 2023

2023: 17

In 2024, OX IT SOLUTIONS LIMITED reported net assets of £721.22K. The same filing shows total assets of £3.22M, cash in bank of £963.65K and total liabilities of £2.41M. Reported headcount was 17 in 2024. Total Assets rose from £2.66M in 2023 to £3.22M in 2024 (21.14%). 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

£721.22K2024
5.85%from £681.39K 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 OX IT SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£782.49K2022£721.22K2024
-7.8%vs 2022

-4% a year compound (CAGR)

Cash in Bank

£917.95K2022£963.65K2024
+5%vs 2022

+2.5% a year compound (CAGR)

Total Assets

£2.05M2022£3.22M2024
+57.2%vs 2022

+25.4% a year compound (CAGR)

Total Liabilities

£1.21M2022£2.41M2024
+99.3%vs 2022

+41.2% a year compound (CAGR)

Employees

122022172024
+41.7%vs 2022+5

Biggest increase

Total Liabilities+99.3%

£1.21M in 2022 to £2.41M in 2024

Biggest decrease

Net Assets-7.8%

£782.49K in 2022 to £721.22K in 2024

OX IT SOLUTIONS 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 OX IT SOLUTIONS 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
22.41%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
74.99%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
39.94%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
29.95%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 OX IT SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£608.18K782.49K681.39K721.22K
Total Assets£2.37M2.05M2.66M3.22M
Cash in Bank£936.56K917.95K634.16K963.65K
Total Liabilities£1.76M1.21M1.86M2.41M
Employees11121717

OX IT SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

OX IT SOLUTIONS LIMITED reported net assets of £721.22K for 2024. That compares with £681.39K in 2023, a change of 5.85%.

OX IT SOLUTIONS LIMITED reported total assets of £3.22M for 2024. That compares with £2.66M in 2023, a change of 21.14%.

OX IT SOLUTIONS LIMITED reported cash in bank of £963.65K for 2024. That compares with £634.16K in 2023, a change of 51.96%.

OX IT SOLUTIONS LIMITED reported 17 employees in 2024, compared with 17 in 2023.

Between 2022 and 2024, OX IT SOLUTIONS LIMITED's net assets fell by 7.8%, cash in bank rose by 5%, total assets rose by 57.2% and total liabilities rose by 99.3%. Net assets contracted at 4% a year across the two years to 2024, from £782.49K to £721.22K. Reported headcount went from 12 in 2022 to 17 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.