PHINSYS LIMITED Financials
- Company number
- 07436301CopyCopy
- Registered office
- Tower 42 25 Old Broad Street, London EC2N 1HQ
- Incorporated
- 11/11/2010
Company snapshot
- Status
- Active
- Employees
- 18 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
264.80%vs 20222022: £514.65K
Total Assets
58.27%vs 20222022: £4.44M
Cash in Bank
714.15%vs 20222022: £217.66K
Total Liabilities
31.26%vs 20222022: £3.92M
Employees
+7vs 20222022: 11
In 2023, PHINSYS LIMITED reported net assets of £1.88M. The same filing shows total assets of £7.02M, cash in bank of £1.77M and total liabilities of £5.14M. Reported headcount was 18 in 2023. Total Assets rose from £4.44M in 2022 to £7.02M in 2023 (58.27%). Okredo holds filed figures for 2021–2023; 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
264.80%from £514.65K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PHINSYS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
+262%vs 2021+90.2% a year compound (CAGR)
Total Assets
+138%vs 2021+54.3% a year compound (CAGR)
Total Liabilities
+62%vs 2021+27.3% a year compound (CAGR)
Employees
+125%vs 2021+10Biggest increase
Cash in Bank+262%
£489.95K in 2021 to £1.77M in 2023
Every indicator Okredo holds for PHINSYS LIMITED rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PHINSYS 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
- 26.74%2023
- 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
- 73.26%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
- 34.45%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
- 25.24%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 PHINSYS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -243.40K | 514.65K | 1.88M |
| Total Assets£ | 2.95M | 4.44M | 7.02M |
| Cash in Bank£ | 489.95K | 217.66K | 1.77M |
| Total Liabilities£ | 3.17M | 3.92M | 5.14M |
| Employees | 8 | 11 | 18 |
PHINSYS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHINSYS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PHINSYS LIMITED reported net assets of £1.88M for 2023. That compares with £514.65K in 2022, a change of 264.80%.
PHINSYS LIMITED reported total assets of £7.02M for 2023. That compares with £4.44M in 2022, a change of 58.27%.
PHINSYS LIMITED reported cash in bank of £1.77M for 2023. That compares with £217.66K in 2022, a change of 714.15%.
PHINSYS LIMITED reported 18 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, PHINSYS LIMITED's cash in bank rose by 262%, total assets rose by 138%, total liabilities rose by 62% and employee numbers rose by 125%. Cash in bank compounded at 90.2% a year across the two years to 2023, from £489.95K to £1.77M. Reported headcount went from 8 in 2021 to 18 in 2023 (+10).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.