TANGO NETWORKS UK LTD. Financials
- Company number
- 07051067CopyCopy
- Registered office
- Morwick Hall York Road, Mortec Park Unit 2.8, Leeds LS15 4TA
- Incorporated
- 20/10/2009
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-27.34%vs 20232023: £-5.76M
Total Assets
2.41%vs 20232023: £295.11K
Cash in Bank
545.36%vs 20232023: £15.81K
Total Liabilities
26.15%vs 20232023: £6.05M
Employees
+1vs 20232023: 9
In 2024, TANGO NETWORKS UK LTD. reported net assets of £-7.33M. The same filing shows total assets of £302.23K, cash in bank of £102.01K and total liabilities of £7.63M. Reported headcount was 10 in 2024. Total Liabilities rose from £6.05M in 2023 to £7.63M in 2024 (26.15%). 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
-27.34%from £-5.76M 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 TANGO NETWORKS UK LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+57.6%vs 2022+25.5% a year compound (CAGR)
Total Assets
-5.9%vs 2022-3% a year compound (CAGR)
Total Liabilities
+61.1%vs 2022+26.9% a year compound (CAGR)
Employees
-9.1%vs 2022-1Biggest increase
Total Liabilities+61.1%
£4.73M in 2022 to £7.63M in 2024
Biggest decrease
Employees-9.1%
11 in 2022 to 10 in 2024
TANGO NETWORKS UK LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TANGO NETWORKS UK 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
- -2,424.84%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
- 2,524.43%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
- 1.34%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
- 33.75%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 TANGO NETWORKS UK 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£ | -3.02M | -4.42M | -5.76M | -7.33M |
| Total Assets£ | 336.07K | 321.09K | 295.11K | 302.23K |
| Cash in Bank£ | 74.80K | 64.74K | 15.81K | 102.01K |
| Total Liabilities£ | 3.36M | 4.73M | 6.05M | 7.63M |
| Employees | 12 | 11 | 9 | 10 |
TANGO NETWORKS UK LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TANGO NETWORKS UK LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TANGO NETWORKS UK LTD. reported net assets of £-7.33M for 2024. That compares with £-5.76M in 2023, a change of -27.34%.
TANGO NETWORKS UK LTD. reported total assets of £302.23K for 2024. That compares with £295.11K in 2023, a change of 2.41%.
TANGO NETWORKS UK LTD. reported cash in bank of £102.01K for 2024. That compares with £15.81K in 2023, a change of 545.36%.
TANGO NETWORKS UK LTD. reported 10 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, TANGO NETWORKS UK LTD.'s cash in bank rose by 57.6%, total assets fell by 5.9%, total liabilities rose by 61.1% and employee numbers fell by 9.1%. Cash in bank compounded at 25.5% a year across the two years to 2024, from £64.74K to £102.01K. Reported headcount went from 11 in 2022 to 10 in 2024 (-1).
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.