RADIX BASE SYSTEMS LTD Financials
- Company number
- SC638043CopyCopy
- Registered office
- Unit 1 Edison Place, Dryburgh Industrial Estate, Dundee DD2 3QU
- Incorporated
- 06/08/2019
Company snapshot
- Status
- Active
- Employees
- 11 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
39.24%vs 20242024: £823.05K
Total Assets
-12.02%vs 20242024: £2.62M
Cash in Bank
-56.82%vs 20242024: £449.24K
Total Liabilities
-51.11%vs 20242024: £1.45M
Employees
+2vs 20242024: 9
In 2025, RADIX BASE SYSTEMS LTD reported net assets of £1.15M. The same filing shows total assets of £2.30M, cash in bank of £193.98K and total liabilities of £707.89K. Reported headcount was 11 in 2025. Total Liabilities fell from £1.45M in 2024 to £707.89K in 2025 (-51.11%). 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
39.24%from £823.05K in 2024Year-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 RADIX BASE SYSTEMS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+75.3%vs 2023+32.4% a year compound (CAGR)
Cash in Bank
+56%vs 2023+24.9% a year compound (CAGR)
Total Assets
+46%vs 2023+20.8% a year compound (CAGR)
Total Liabilities
+27.1%vs 2023+12.7% a year compound (CAGR)
Employees
+37.5%vs 2023+3Biggest increase
Net Assets+75.3%
£653.82K in 2023 to £1.15M in 2025
Every indicator Okredo holds for RADIX BASE SYSTEMS LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RADIX BASE SYSTEMS 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
- 49.73%2025
- 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
- 30.72%2025
- 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
- 27.40%2025
- 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
- 8.42%2025
- 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 RADIX BASE SYSTEMS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 223.30K | 501.68K | 653.82K | 823.05K | 1.15M |
| Total Assets£ | 939.82K | 1.41M | 1.58M | 2.62M | 2.30M |
| Cash in Bank£ | 34.19K | 190.01K | 124.38K | 449.24K | 193.98K |
| Total Liabilities£ | 529.03K | 644.18K | 557.14K | 1.45M | 707.89K |
| Employees | 8 | 8 | 8 | 9 | 11 |
RADIX BASE SYSTEMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RADIX BASE SYSTEMS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
RADIX BASE SYSTEMS LTD reported net assets of £1.15M for 2025. That compares with £823.05K in 2024, a change of 39.24%.
RADIX BASE SYSTEMS LTD reported total assets of £2.30M for 2025. That compares with £2.62M in 2024, a change of -12.02%.
RADIX BASE SYSTEMS LTD reported cash in bank of £193.98K for 2025. That compares with £449.24K in 2024, a change of -56.82%.
RADIX BASE SYSTEMS LTD reported 11 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, RADIX BASE SYSTEMS LTD's net assets rose by 75.3%, cash in bank rose by 56%, total assets rose by 46% and total liabilities rose by 27.1%. Net assets compounded at 32.4% a year across the two years to 2025, from £653.82K to £1.15M. Reported headcount went from 8 in 2023 to 11 in 2025 (+3).
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.