PIANO SOFTWARE LTD Financials
- Company number
- 06740401CopyCopy
- Registered office
- 23 Copenhagen Street, London N1 0JB
- Incorporated
- 04/11/2008
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
1.92%vs 20222022: £-1.41M
Total Assets
33.48%vs 20222022: £791.06K
Cash in Bank
-95.87%vs 20222022: £130.76K
Total Liabilities
10.81%vs 20222022: £2.20M
Employees
+1vs 20222022: 4
In 2023, PIANO SOFTWARE LTD reported net assets of £-1.38M. The same filing shows total assets of £1.06M, cash in bank of £5.40K and total liabilities of £2.44M. Reported headcount was 5 in 2023. Total Assets rose from £791.06K in 2022 to £1.06M in 2023 (33.48%). 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
1.92%from £-1.41M 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 PIANO SOFTWARE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-97.2%vs 2021-83.2% a year compound (CAGR)
Total Assets
+19.2%vs 2021+9.2% a year compound (CAGR)
Total Liabilities
+10.9%vs 2021+5.3% a year compound (CAGR)
Employees
+25%vs 2021+1Biggest increase
Employees+25%
4 in 2021 to 5 in 2023
Biggest decrease
Cash in Bank-97.2%
£191.66K in 2021 to £5.40K in 2023
PIANO SOFTWARE LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PIANO SOFTWARE 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
- -130.86%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
- 230.86%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
- 0.22%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
- 0.51%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 PIANO SOFTWARE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -1.31M | -1.41M | -1.38M |
| Total Assets£ | 885.47K | 791.06K | 1.06M |
| Cash in Bank£ | 191.66K | 130.76K | 5.40K |
| Total Liabilities£ | 2.20M | 2.20M | 2.44M |
| Employees | 4 | 4 | 5 |
PIANO SOFTWARE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PIANO SOFTWARE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PIANO SOFTWARE LTD reported net assets of £-1.38M for 2023. That compares with £-1.41M in 2022, a change of 1.92%.
PIANO SOFTWARE LTD reported total assets of £1.06M for 2023. That compares with £791.06K in 2022, a change of 33.48%.
PIANO SOFTWARE LTD reported cash in bank of £5.40K for 2023. That compares with £130.76K in 2022, a change of -95.87%.
PIANO SOFTWARE LTD reported 5 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, PIANO SOFTWARE LTD's cash in bank fell by 97.2%, total assets rose by 19.2%, total liabilities rose by 10.9% and employee numbers rose by 25%. Cash in bank contracted at 83.2% a year across the two years to 2023, from £191.66K to £5.40K. Reported headcount went from 4 in 2021 to 5 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.