TELTECH 7 LIMITED Financials
- Company number
- 12533333CopyCopy
- Registered office
- 4385, 12533333 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
- Incorporated
- 25/03/2020
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
64.37%vs 20222022: £935.35K
Total Assets
53.54%vs 20222022: £1.06M
Total Liabilities
-25.02%vs 20222022: £128.98K
Employees
+2vs 20222022: 4
In 2023, TELTECH 7 LIMITED reported net assets of £1.54M. The same filing shows total assets of £1.63M and total liabilities of £96.71K. Reported headcount was 6 in 2023. Net Assets rose from £935.35K in 2022 to £1.54M in 2023 (64.37%). Okredo holds filed figures for 2021–2023; 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
64.37%from £935.35K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures TELTECH 7 LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+215%vs 2021+77.6% a year compound (CAGR)
Total Assets
+176%vs 2021+66% a year compound (CAGR)
Total Liabilities
-8.2%vs 2021-4.2% a year compound (CAGR)
Employees
+100%vs 2021+3Biggest increase
Net Assets+215%
£487.40K in 2021 to £1.54M in 2023
Biggest decrease
Total Liabilities-8.2%
£105.40K in 2021 to £96.71K in 2023
TELTECH 7 LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 TELTECH 7 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
- 94.08%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
- 5.92%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TELTECH 7 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 487.40K | 935.35K | 1.54M |
| Total Assets£ | 592.80K | 1.06M | 1.63M |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 105.40K | 128.98K | 96.71K |
| Employees | 3 | 4 | 6 |
TELTECH 7 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TELTECH 7 LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
TELTECH 7 LIMITED reported net assets of £1.54M for 2023. That compares with £935.35K in 2022, a change of 64.37%.
TELTECH 7 LIMITED reported total assets of £1.63M for 2023. That compares with £1.06M in 2022, a change of 53.54%.
TELTECH 7 LIMITED reported total liabilities of £96.71K for 2023. That compares with £128.98K in 2022, a change of -25.02%.
TELTECH 7 LIMITED reported 6 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, TELTECH 7 LIMITED's net assets rose by 215%, total assets rose by 176%, total liabilities fell by 8.2% and employee numbers rose by 100%. Net assets compounded at 77.6% a year across the two years to 2023, from £487.40K to £1.54M. Reported headcount went from 3 in 2021 to 6 in 2023 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.