QBYSS LTD Financials
- Company number
- 11963576Copy
Copy - Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- 16 Great Queen Street, Covent Garden, London WC2B 5AH
- Incorporated
- 25/04/2019
Company snapshot
- Status
- Active
- Employees
- 8 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-24.02%vs 20222022: £919.32K
Total Assets
-23.68%vs 20222022: £1.41M
Cash in Bank
First reported yearTotal Liabilities
94.80%vs 20222022: £56.03K
Employees
+2vs 20222022: 6
In 2023, QBYSS LTD reported net assets of £698.46K. The same filing shows total assets of £1.08M, cash in bank of £1.63M and total liabilities of £109.14K. Reported headcount was 8 in 2023. Total Assets fell from £1.41M in 2022 to £1.08M in 2023 (-23.68%). 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
-24.02%from £919.32K 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 QBYSS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Total Assets
-49.5%vs 2021-28.9% a year compound (CAGR)
Total Liabilities
-96.7%vs 2021-81.7% a year compound (CAGR)
Employees
+167%vs 2021+5Biggest increase
Employees+167%
3 in 2021 to 8 in 2023
Biggest decrease
Total Liabilities-96.7%
£3.26M in 2021 to £109.14K in 2023
QBYSS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QBYSS 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
- 64.76%2023
- Liabilities to total assets
- 10.12%2023
- Cash to liabilities
- 49.85%2021
- Cash to total assets
- 76.18%2021
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 QBYSS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -1.19M | 919.32K | 698.46K |
| Total Assets£ | 2.14M | 1.41M | 1.08M |
| Cash in Bank£ | 1.63M | – | – |
| Total Liabilities£ | 3.26M | 56.03K | 109.14K |
| Employees | 3 | 6 | 8 |
QBYSS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has QBYSS LTD filed financial statements?
Yes. Okredo holds filed figures for QBYSS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did QBYSS LTD report in 2023?
QBYSS LTD reported net assets of £698.46K for 2023. That compares with £919.32K in 2022, a change of -24.02%.
What total assets did QBYSS LTD report in 2023?
QBYSS LTD reported total assets of £1.08M for 2023. That compares with £1.41M in 2022, a change of -23.68%.
What cash in bank did QBYSS LTD report in 2021?
QBYSS LTD reported cash in bank of £1.63M for 2021. There is no earlier filing to compare it against.
How many people does QBYSS LTD employ?
QBYSS LTD reported 8 employees in 2023, compared with 6 in 2022.
How have QBYSS LTD financials changed over the last 3 years?
Between 2021 and 2023, QBYSS LTD's total assets fell by 49.5%, total liabilities fell by 96.7% and employee numbers rose by 167%. Total assets contracted at 28.9% a year across the two years to 2023, from £2.14M to £1.08M. Reported headcount went from 3 in 2021 to 8 in 2023 (+5).
Which years of QBYSS LTD financial data are available?
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.