REMOTE TECH LTD Financials
- Company number
- 10422879CopyCopy
- Registered office
- 6th Floor 2 London Wall Place, London EC2Y 5AU
- Incorporated
- 12/10/2016
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-35.65%vs 20232023: £2.66M
Total Assets
-23.15%vs 20232023: £3.18M
Cash in Bank
124.63%vs 20232023: £101.36K
Total Liabilities
21.80%vs 20232023: £312.28K
Employees
+2vs 20232023: 10
In 2024, REMOTE TECH LTD reported net assets of £1.71M. The same filing shows total assets of £2.44M, cash in bank of £227.67K and total liabilities of £380.37K. Reported headcount was 12 in 2024. Net Assets fell from £2.66M in 2023 to £1.71M in 2024 (-35.65%). 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
-35.65%from £2.66M 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 REMOTE TECH LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+205%vs 2022+74.6% a year compound (CAGR)
Total Assets
+43.2%vs 2022+19.7% a year compound (CAGR)
Total Liabilities
-97.4%vs 2022-84% a year compound (CAGR)
Employees
+20%vs 2022+2Biggest increase
Cash in Bank+205%
£74.64K in 2022 to £227.67K in 2024
Biggest decrease
Total Liabilities-97.4%
£14.82M in 2022 to £380.37K in 2024
REMOTE TECH LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 REMOTE TECH 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
- 70.13%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.
- Liabilities to total assets
- 15.58%2024
- 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
- 59.86%2024
- 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
- 9.32%2024
- 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 REMOTE TECH LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -29.46M | -13.25M | 2.66M | 1.71M |
| Total Assets£ | 777.34K | 1.71M | 3.18M | 2.44M |
| Cash in Bank£ | 6.04K | 74.64K | 101.36K | 227.67K |
| Total Liabilities£ | 30.09M | 14.82M | 312.28K | 380.37K |
| Employees | 12 | 10 | 10 | 12 |
REMOTE TECH LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REMOTE TECH LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
REMOTE TECH LTD reported net assets of £1.71M for 2024. That compares with £2.66M in 2023, a change of -35.65%.
REMOTE TECH LTD reported total assets of £2.44M for 2024. That compares with £3.18M in 2023, a change of -23.15%.
REMOTE TECH LTD reported cash in bank of £227.67K for 2024. That compares with £101.36K in 2023, a change of 124.63%.
REMOTE TECH LTD reported 12 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, REMOTE TECH LTD's cash in bank rose by 205%, total assets rose by 43.2%, total liabilities fell by 97.4% and employee numbers rose by 20%. Cash in bank compounded at 74.6% a year across the two years to 2024, from £74.64K to £227.67K. Reported headcount went from 10 in 2022 to 12 in 2024 (+2).
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.