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THE CHANGE INNOVATION SERVICES LTD Financials

Company number
NI662789Copy
Copy
Registered office
40 Railway Street, Lisburn, Antrim BT28 1XE
Incorporated
05/07/2019

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£738.66K2024
49.58%vs 2023

2023: £493.81K

Total Assets

£1.44M2024
12.20%vs 2023

2023: £1.28M

Cash in Bank

£34.32K2024
-76.24%vs 2023

2023: £144.42K

Total Liabilities

£604.54K2024
-11.12%vs 2023

2023: £680.20K

Employees

62024
0vs 2023

2023: 6

In 2024, THE CHANGE INNOVATION SERVICES LTD reported net assets of £738.66K. The same filing shows total assets of £1.44M, cash in bank of £34.32K and total liabilities of £604.54K. Reported headcount was 6 in 2024. Net Assets rose from £493.81K in 2023 to £738.66K in 2024 (49.58%). 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

£738.66K2024
49.58%from £493.81K 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 THE CHANGE INNOVATION SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-16.98K2022£738.66K2024
Increasedvs 2022

Cash in Bank

£23.47K2022£34.32K2024
+46.2%vs 2022

+20.9% a year compound (CAGR)

Total Assets

£666.17K2022£1.44M2024
+116%vs 2022

+47% a year compound (CAGR)

Total Liabilities

£681.40K2022£604.54K2024
-11.3%vs 2022

-5.8% a year compound (CAGR)

Employees

6202262024
0%vs 2022

Biggest increase

Total Assets+116%

£666.17K in 2022 to £1.44M in 2024

Biggest decrease

Total Liabilities-11.3%

£681.40K in 2022 to £604.54K in 2024

THE CHANGE INNOVATION SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 THE CHANGE INNOVATION SERVICES 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
51.30%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
41.99%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
5.68%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
2.38%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 THE CHANGE INNOVATION SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-131.39K-16.98K493.81K738.66K
Total Assets£138.70K666.17K1.28M1.44M
Cash in Bank£–23.47K144.42K34.32K
Total Liabilities£270.09K681.40K680.20K604.54K
Employees4666

THE CHANGE INNOVATION SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE CHANGE INNOVATION SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

THE CHANGE INNOVATION SERVICES LTD reported net assets of £738.66K for 2024. That compares with £493.81K in 2023, a change of 49.58%.

THE CHANGE INNOVATION SERVICES LTD reported total assets of £1.44M for 2024. That compares with £1.28M in 2023, a change of 12.20%.

THE CHANGE INNOVATION SERVICES LTD reported cash in bank of £34.32K for 2024. That compares with £144.42K in 2023, a change of -76.24%.

THE CHANGE INNOVATION SERVICES LTD reported 6 employees in 2024, compared with 6 in 2023.

Between 2022 and 2024, THE CHANGE INNOVATION SERVICES LTD's cash in bank rose by 46.2%, total assets rose by 116%, total liabilities fell by 11.3% and employee numbers was unchanged. Cash in bank compounded at 20.9% a year across the two years to 2024, from £23.47K to £34.32K. Reported headcount went from 6 in 2022 to 6 in 2024.

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.