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PRINCIPLES COMMUNICATIONS LIMITED Financials

Company number
01983541Copy
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Registered office
White Rose House Otley Road, Headingley, Leeds LS6 2AD
Incorporated
29/01/1986

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£1.002025
No changevs 2024

2024: £1.00

Total Assets

£189.40K2022
-96.27%vs 2021

2021: £5.08M

Cash in Bank

£91.77K2021
First reported year

Total Liabilities

£0.002025
-100.00%vs 2024

2024: £53.03K

Employees

32025
0vs 2024

2024: 3

In 2025, PRINCIPLES COMMUNICATIONS LIMITED reported net assets of £1.00. The same filing shows total assets of £189.40K, cash in bank of £91.77K and total liabilities of £0.00. Reported headcount was 3 in 2025. Total Assets fell from £5.08M in 2021 to £189.40K in 2022 (-96.27%). Okredo holds filed figures for 2021–2025; 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

£1.002025
No changefrom £1.00 in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures PRINCIPLES COMMUNICATIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.002023£1.002025
0%vs 2023

0% a year compound (CAGR)

Total Liabilities

£98.48K2023£0.002025
-100%vs 2023

Employees

3202332025
0%vs 2023

Biggest decrease

Total Liabilities-100%

£98.48K in 2023 to £0.00 in 2025

Every measure that changed in PRINCIPLES COMMUNICATIONS LIMITED's filings between 2023 and 2025 fell. That fall came in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PRINCIPLES COMMUNICATIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Liabilities to total assets
100.00%2022

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
1.88%2021

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
1.81%2021

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 PRINCIPLES COMMUNICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£189.28K1.001.001.001.00
Total Assets£5.08M189.40K–––
Cash in Bank£91.77K––––
Total Liabilities£4.89M189.39K98.48K53.03K0.00
Employees2825333

PRINCIPLES COMMUNICATIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PRINCIPLES COMMUNICATIONS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PRINCIPLES COMMUNICATIONS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did PRINCIPLES COMMUNICATIONS LIMITED report in 2025?

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PRINCIPLES COMMUNICATIONS LIMITED reported net assets of £1.00 for 2025. That compares with £1.00 in 2024.

What total assets did PRINCIPLES COMMUNICATIONS LIMITED report in 2022?

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PRINCIPLES COMMUNICATIONS LIMITED reported total assets of £189.40K for 2022. That compares with £5.08M in 2021, a change of -96.27%.

What cash in bank did PRINCIPLES COMMUNICATIONS LIMITED report in 2021?

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PRINCIPLES COMMUNICATIONS LIMITED reported cash in bank of £91.77K for 2021. There is no earlier filing to compare it against.

How many people does PRINCIPLES COMMUNICATIONS LIMITED employ?

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PRINCIPLES COMMUNICATIONS LIMITED reported 3 employees in 2025, compared with 3 in 2024.

How have PRINCIPLES COMMUNICATIONS LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, PRINCIPLES COMMUNICATIONS LIMITED's net assets was unchanged, total liabilities fell by 100% and employee numbers was unchanged. Reported headcount went from 3 in 2023 to 3 in 2025. The largest fall over the period was total liabilities, down 100% from £98.48K to £0.00.

Which years of PRINCIPLES COMMUNICATIONS LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.