PHIDIAS SOLUTIONS LTD Financials
- Company number
- NI683598CopyCopy
- Registered office
- Suite 304 Elmwood House 44-46 Elmwood Avenue, Belfast BT9 6AZ
- Incorporated
- 05/11/2021
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
No changevs 20232023: £10.00K
Total Assets
-97.86%vs 20232023: £466.62K
Cash in Bank
54.23%vs 20222022: £96.23K
Total Liabilities
-100.00%vs 20232023: £139.41K
Employees
0vs 20232023: 8
In 2024, PHIDIAS SOLUTIONS LTD reported net assets of £10.00K. The same filing shows total assets of £10.00K, cash in bank of £148.42K and total liabilities of £0.00. Reported headcount was 8 in 2024. Total Assets fell from £466.62K in 2023 to £10.00K in 2024 (-97.86%). Okredo holds filed figures for 2022–2024; 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
No changefrom £10.00K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PHIDIAS SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-96.8%vs 2022-82.2% a year compound (CAGR)
Total Assets
-98.5%vs 2022-87.8% a year compound (CAGR)
Total Liabilities
-100%vs 2022Employees
-38.5%vs 2022-5Biggest decrease
Total Liabilities-100%
£88.64K in 2022 to £0.00 in 2024
Every indicator Okredo holds for PHIDIAS SOLUTIONS LTD fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PHIDIAS SOLUTIONS 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
- 100.00%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.
- Cash to liabilities
- 106.46%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
- 31.81%2023
- 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 PHIDIAS SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 314.96K | 10.00K | 10.00K |
| Total Assets£ | 667.98K | 466.62K | 10.00K |
| Cash in Bank£ | 96.23K | 148.42K | – |
| Total Liabilities£ | 88.64K | 139.41K | 0.00 |
| Employees | 13 | 8 | 8 |
PHIDIAS SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHIDIAS SOLUTIONS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
PHIDIAS SOLUTIONS LTD reported net assets of £10.00K for 2024. That compares with £10.00K in 2023.
PHIDIAS SOLUTIONS LTD reported total assets of £10.00K for 2024. That compares with £466.62K in 2023, a change of -97.86%.
PHIDIAS SOLUTIONS LTD reported cash in bank of £148.42K for 2023. That compares with £96.23K in 2022, a change of 54.23%.
PHIDIAS SOLUTIONS LTD reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, PHIDIAS SOLUTIONS LTD's net assets fell by 96.8%, total assets fell by 98.5%, total liabilities fell by 100% and employee numbers fell by 38.5%. Net assets contracted at 82.2% a year across the two years to 2024, from £314.96K to £10.00K. Reported headcount went from 13 in 2022 to 8 in 2024 (-5).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.