TECHBELT LTD Financials
- Company number
- 04433656CopyCopy
- Registered office
- Woodside Mill, Halifax Road, Elland HX5 0SH
- Incorporated
- 08/05/2002
Company snapshot
- Status
- Active
- Employees
- 0 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-14.34%vs 20232023: £1.47M
Total Assets
8.71%vs 20222022: £2.70M
Cash in Bank
-45.78%vs 20232023: £770.39K
Total Liabilities
-5.70%vs 20222022: £724.15K
Employees
-23vs 20232023: 23
In 2024, TECHBELT LTD reported net assets of £1.26M. The same filing shows total assets of £2.93M, cash in bank of £417.70K and total liabilities of £682.90K. Reported headcount was 0 in 2024. Cash in Bank fell from £770.39K in 2023 to £417.70K in 2024 (-45.78%). 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
-14.34%from £1.47M 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 TECHBELT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+4.3%vs 2022+2.1% a year compound (CAGR)
Cash in Bank
-15.5%vs 2022-8.1% a year compound (CAGR)
Employees
-100%vs 2022-21Biggest increase
Net Assets+4.3%
£1.20M in 2022 to £1.26M in 2024
Biggest decrease
Employees-100%
21 in 2022 to 0 in 2024
TECHBELT LTD's filings pull in both directions between 2022 and 2024. 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 TECHBELT 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
- 50.00%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
- 23.30%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
- 112.81%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
- 26.28%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 TECHBELT 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£ | 1.03M | 1.20M | 1.47M | 1.26M |
| Total Assets£ | 2.37M | 2.70M | 2.93M | – |
| Cash in Bank£ | 329.16K | 494.14K | 770.39K | 417.70K |
| Total Liabilities£ | 542.04K | 724.15K | 682.90K | – |
| Employees | 17 | 21 | 23 | 0 |
TECHBELT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TECHBELT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TECHBELT LTD reported net assets of £1.26M for 2024. That compares with £1.47M in 2023, a change of -14.34%.
TECHBELT LTD reported total assets of £2.93M for 2023. That compares with £2.70M in 2022, a change of 8.71%.
TECHBELT LTD reported cash in bank of £417.70K for 2024. That compares with £770.39K in 2023, a change of -45.78%.
TECHBELT LTD reported 0 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, TECHBELT LTD's net assets rose by 4.3%, cash in bank fell by 15.5% and employee numbers fell by 100%. Net assets compounded at 2.1% a year across the two years to 2024, from £1.20M to £1.26M. Reported headcount went from 21 in 2022 to 0 in 2024 (-21).
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.