THE DADS NETWORK CIC Financials
- Company number
- 12322946CopyCopy
- Registered office
- 2 Westonfields, Totnes, Devon TQ9 5QT
- Incorporated
- 19/11/2019
Company snapshot
- Status
- Active
- Employees
- 7 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-48.57%vs 20222022: £-41.56K
Total Assets
-24.83%vs 20222022: £80.03K
Cash in Bank
-24.83%vs 20222022: £80.03K
Total Liabilities
0.26%vs 20222022: £121.59K
Employees
0vs 20222022: 7
In 2023, THE DADS NETWORK CIC reported net assets of £-61.74K. The same filing shows total assets of £60.16K, cash in bank of £60.16K and total liabilities of £121.90K. Reported headcount was 7 in 2023. Net Assets fell from £-41.56K in 2022 to £-61.74K in 2023 (-48.57%). 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
-48.57%from £-41.56K 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 THE DADS NETWORK CIC filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-27.2%vs 2021-14.7% a year compound (CAGR)
Total Assets
-27.2%vs 2021-14.7% a year compound (CAGR)
Total Liabilities
+0.5%vs 2021+0.3% a year compound (CAGR)
Employees
-12.5%vs 2021-1Biggest increase
Total Liabilities+0.5%
£121.27K in 2021 to £121.90K in 2023
Biggest decrease
Cash in Bank-27.2%
£82.69K in 2021 to £60.16K in 2023
THE DADS NETWORK CIC's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE DADS NETWORK CIC'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
- -102.64%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
- 202.64%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
- 49.35%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
- 100.00%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £2.10K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE DADS NETWORK CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -38.59K | -41.56K | -61.74K |
| Total Assets£ | 82.69K | 80.03K | 60.16K |
| Cash in Bank£ | 82.69K | 80.03K | 60.16K |
| Total Liabilities£ | 121.27K | 121.59K | 121.90K |
| Employees | 8 | 7 | 7 |
THE DADS NETWORK CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE DADS NETWORK CIC covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
THE DADS NETWORK CIC reported net assets of £-61.74K for 2023. That compares with £-41.56K in 2022, a change of -48.57%.
THE DADS NETWORK CIC reported total assets of £60.16K for 2023. That compares with £80.03K in 2022, a change of -24.83%.
THE DADS NETWORK CIC reported cash in bank of £60.16K for 2023. That compares with £80.03K in 2022, a change of -24.83%.
THE DADS NETWORK CIC reported 7 employees in 2023, compared with 7 in 2022.
Between 2021 and 2023, THE DADS NETWORK CIC's cash in bank fell by 27.2%, total assets fell by 27.2%, total liabilities rose by 0.5% and employee numbers fell by 12.5%. Cash in bank contracted at 14.7% a year across the two years to 2023, from £82.69K to £60.16K. Reported headcount went from 8 in 2021 to 7 in 2023 (-1).
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.