PHRONESIS TECHNOLOGIES LIMITED Financials
- Company number
- 10726796CopyCopy
- Registered office
- Mansion House, 33 Queen Street, London EC4R 1BR
- Incorporated
- 18/04/2017
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-33.56%vs 20222022: £616.02K
Total Assets
4.75%vs 20222022: £771.02K
Cash in Bank
206.22%vs 20222022: £63.11K
Total Liabilities
173.82%vs 20222022: £144.51K
Employees
-2vs 20222022: 6
In 2023, PHRONESIS TECHNOLOGIES LIMITED reported net assets of £409.29K. The same filing shows total assets of £807.66K, cash in bank of £193.26K and total liabilities of £395.70K. Reported headcount was 4 in 2023. Total Liabilities rose from £144.51K in 2022 to £395.70K in 2023 (173.82%). 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
-33.56%from £616.02K 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 PHRONESIS TECHNOLOGIES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+75.6%vs 2021+32.5% a year compound (CAGR)
Cash in Bank
+195%vs 2021+71.7% a year compound (CAGR)
Total Assets
+66.6%vs 2021+29.1% a year compound (CAGR)
Total Liabilities
+60.2%vs 2021+26.6% a year compound (CAGR)
Employees
+33.3%vs 2021+1Biggest increase
Cash in Bank+195%
£65.55K in 2021 to £193.26K in 2023
Every indicator Okredo holds for PHRONESIS TECHNOLOGIES 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 PHRONESIS TECHNOLOGIES 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
- 50.68%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
- 48.99%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
- 48.84%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
- 23.93%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 PHRONESIS TECHNOLOGIES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 233.07K | 616.02K | 409.29K |
| Total Assets£ | 484.65K | 771.02K | 807.66K |
| Cash in Bank£ | 65.55K | 63.11K | 193.26K |
| Total Liabilities£ | 246.94K | 144.51K | 395.70K |
| Employees | 3 | 6 | 4 |
PHRONESIS TECHNOLOGIES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHRONESIS TECHNOLOGIES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PHRONESIS TECHNOLOGIES LIMITED reported net assets of £409.29K for 2023. That compares with £616.02K in 2022, a change of -33.56%.
PHRONESIS TECHNOLOGIES LIMITED reported total assets of £807.66K for 2023. That compares with £771.02K in 2022, a change of 4.75%.
PHRONESIS TECHNOLOGIES LIMITED reported cash in bank of £193.26K for 2023. That compares with £63.11K in 2022, a change of 206.22%.
PHRONESIS TECHNOLOGIES LIMITED reported 4 employees in 2023, compared with 6 in 2022.
Between 2021 and 2023, PHRONESIS TECHNOLOGIES LIMITED's net assets rose by 75.6%, cash in bank rose by 195%, total assets rose by 66.6% and total liabilities rose by 60.2%. Net assets compounded at 32.5% a year across the two years to 2023, from £233.07K to £409.29K. Reported headcount went from 3 in 2021 to 4 in 2023 (+1).
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.