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SUMMIX FRB DEVELOPMENTS LIMITED Financials

Company number
11304851Copy
Copy
Registered office
Fifth Floor, Berkeley Square House, Berkeley Square, London W1J 6BY
Incorporated
11/04/2018

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-41.13K2024
-111.23%vs 2023

2023: £366.25K

Total Assets

£565.31K2023
-2.68%vs 2022

2022: £580.86K

Cash in Bank

£99.002024
-43.10%vs 2023

2023: £174.00

Total Liabilities

£7.36K2023
7.84%vs 2022

2022: £6.82K

Employees

42024
+1vs 2023

2023: 3

In 2024, SUMMIX FRB DEVELOPMENTS LIMITED reported net assets of £-41.13K. The same filing shows total assets of £565.31K, cash in bank of £99.00 and total liabilities of £7.36K. Reported headcount was 4 in 2024. Net Assets fell from £366.25K in 2023 to £-41.13K in 2024 (-111.23%). 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

£-41.13K2024
-111.23%from £366.25K in 2023

Year-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 SUMMIX FRB DEVELOPMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£576.54K2022£-41.13K2024
-107%vs 2022

Cash in Bank

£0.002022£99.002024
Increasedvs 2022

Employees

3202242024
+33.3%vs 2022+1

Biggest increase

Employees+33.3%

3 in 2022 to 4 in 2024

Biggest decrease

Net Assets-107%

£576.54K in 2022 to £-41.13K in 2024

SUMMIX FRB DEVELOPMENTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SUMMIX FRB DEVELOPMENTS 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
64.79%2023
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
1.30%2023
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
2.36%2023
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
0.03%2023
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 SUMMIX FRB DEVELOPMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-1.30M576.54K366.25K-41.13K
Total Assets£7.53M580.86K565.31K–
Cash in Bank£2.87K0.00174.0099.00
Total Liabilities£8.83M6.82K7.36K–
Employees3334

SUMMIX FRB DEVELOPMENTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SUMMIX FRB DEVELOPMENTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SUMMIX FRB DEVELOPMENTS LIMITED reported net assets of £-41.13K for 2024. That compares with £366.25K in 2023, a change of -111.23%.

SUMMIX FRB DEVELOPMENTS LIMITED reported total assets of £565.31K for 2023. That compares with £580.86K in 2022, a change of -2.68%.

SUMMIX FRB DEVELOPMENTS LIMITED reported cash in bank of £99.00 for 2024. That compares with £174.00 in 2023, a change of -43.10%.

SUMMIX FRB DEVELOPMENTS LIMITED reported 4 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, SUMMIX FRB DEVELOPMENTS LIMITED's net assets fell by 107% and employee numbers rose by 33.3%. Reported headcount went from 3 in 2022 to 4 in 2024 (+1). The largest gain over the period was employee numbers, up 33.3% from 3 to 4.

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.