PLANET TECH SYSTEMS LIMITED Financials
- Company number
- 12236948Copy
Copy - Registered office
- 5th Floor North Side, 7/10 Chandos Street, Cavendish Square, London W1G 9DQ
- Incorporated
- 01/10/2019
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.96%vs 20232023: £9.92M
Total Assets
-94.00%vs 20232023: £10.65M
Cash in Bank
-98.98%vs 20232023: £809.23K
Total Liabilities
-99.98%vs 20232023: £9.82M
Employees
0vs 20232023: 3
In 2024, PLANET TECH SYSTEMS LIMITED reported net assets of £9.73M. The same filing shows total assets of £638.71K, cash in bank of £8.24K and total liabilities of £2.45K. Reported headcount was 3 in 2024. Total Assets fell from £10.65M in 2023 to £638.71K in 2024 (-94.00%). 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
-1.96%from £9.92M in 2023Year-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 PLANET TECH SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-81.7%vs 2022-57.3% a year compound (CAGR)
Cash in Bank
-76.6%vs 2022-51.7% a year compound (CAGR)
Total Assets
-98.7%vs 2022-88.5% a year compound (CAGR)
Total Liabilities
-100%vs 2022-97.8% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Liabilities-100%
£5.00M in 2022 to £2.45K in 2024
Every measure that changed in PLANET TECH SYSTEMS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, cash in bank and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PLANET TECH SYSTEMS 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
- 1,523.11%2024
- Liabilities to total assets
- 0.38%2024
- Cash to liabilities
- 336.07%2024
- Cash to total assets
- 1.29%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 PLANET TECH SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -101.92K | 53.27M | 9.92M | 9.73M |
| Total Assets£ | 613.05K | 48.21M | 10.65M | 638.71K |
| Cash in Bank£ | 63.05K | 35.27K | 809.23K | 8.24K |
| Total Liabilities£ | 9.86M | 5.00M | 9.82M | 2.45K |
| Employees | 3 | 3 | 3 | 3 |
PLANET TECH SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PLANET TECH SYSTEMS LIMITED filed financial statements?
Yes. Okredo holds filed figures for PLANET TECH SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PLANET TECH SYSTEMS LIMITED report in 2024?
PLANET TECH SYSTEMS LIMITED reported net assets of £9.73M for 2024. That compares with £9.92M in 2023, a change of -1.96%.
What total assets did PLANET TECH SYSTEMS LIMITED report in 2024?
PLANET TECH SYSTEMS LIMITED reported total assets of £638.71K for 2024. That compares with £10.65M in 2023, a change of -94.00%.
What cash in bank did PLANET TECH SYSTEMS LIMITED report in 2024?
PLANET TECH SYSTEMS LIMITED reported cash in bank of £8.24K for 2024. That compares with £809.23K in 2023, a change of -98.98%.
How many people does PLANET TECH SYSTEMS LIMITED employ?
PLANET TECH SYSTEMS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
How have PLANET TECH SYSTEMS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, PLANET TECH SYSTEMS LIMITED's net assets fell by 81.7%, cash in bank fell by 76.6%, total assets fell by 98.7% and total liabilities fell by 100%. Net assets contracted at 57.3% a year across the two years to 2024, from £53.27M to £9.73M. Reported headcount went from 3 in 2022 to 3 in 2024.
Which years of PLANET TECH SYSTEMS LIMITED financial data are available?
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.