TEAM CHALLENGE APPS LTD Financials
- Company number
- SC517746CopyCopy
- Registered office
- 48 West George Street, Clyde Offices, 2nd Floor, Glasgow G2 1BP
- Incorporated
- 12/10/2015
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
33.72%vs 20242024: £142.66K
Total Assets
28.95%vs 20242024: £182.01K
Total Liabilities
11.66%vs 20242024: £39.35K
Employees
0vs 20242024: 3
In 2025, TEAM CHALLENGE APPS LTD reported net assets of £190.78K. The same filing shows total assets of £234.72K and total liabilities of £43.94K. Reported headcount was 3 in 2025. Total Assets rose from £182.01K in 2024 to £234.72K in 2025 (28.95%). 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
33.72%from £142.66K 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 TEAM CHALLENGE APPS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+160%vs 2023+61.2% a year compound (CAGR)
Total Assets
+122%vs 2023+49% a year compound (CAGR)
Total Liabilities
+35.9%vs 2023+16.6% a year compound (CAGR)
Employees
-25%vs 2023-1Biggest increase
Net Assets+160%
£73.40K in 2023 to £190.78K in 2025
Biggest decrease
Employees-25%
4 in 2023 to 3 in 2025
TEAM CHALLENGE APPS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 TEAM CHALLENGE APPS 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
- 81.28%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
- 18.72%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TEAM CHALLENGE APPS 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£ | 68.86K | 42.75K | 73.40K | 142.66K | 190.78K |
| Total Assets£ | 94.28K | 55.74K | 105.74K | 182.01K | 234.72K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 25.41K | 12.99K | 32.34K | 39.35K | 43.94K |
| Employees | 3 | 4 | 4 | 3 | 3 |
TEAM CHALLENGE APPS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TEAM CHALLENGE APPS LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
TEAM CHALLENGE APPS LTD reported net assets of £190.78K for 2025. That compares with £142.66K in 2024, a change of 33.72%.
TEAM CHALLENGE APPS LTD reported total assets of £234.72K for 2025. That compares with £182.01K in 2024, a change of 28.95%.
TEAM CHALLENGE APPS LTD reported total liabilities of £43.94K for 2025. That compares with £39.35K in 2024, a change of 11.66%.
TEAM CHALLENGE APPS LTD reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, TEAM CHALLENGE APPS LTD's net assets rose by 160%, total assets rose by 122%, total liabilities rose by 35.9% and employee numbers fell by 25%. Net assets compounded at 61.2% a year across the two years to 2025, from £73.40K to £190.78K. Reported headcount went from 4 in 2023 to 3 in 2025 (-1).
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.