TOKENOVATE LIMITED Financials
- Company number
- 14042289CopyCopy
- Registered office
- C/O Pem Salisbury House, Station Road, Cambridge, Cambridgeshire CB1 2LA
- Incorporated
- 12/04/2022
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-88.03%vs 20232023: £5.48M
Total Assets
-58.94%vs 20232023: £5.81M
Cash in Bank
-72.50%vs 20232023: £5.18M
Total Liabilities
440.79%vs 20232023: £314.65K
Employees
+6vs 20232023: 9
In 2024, TOKENOVATE LIMITED reported net assets of £656.07K. The same filing shows total assets of £2.39M, cash in bank of £1.42M and total liabilities of £1.70M. Reported headcount was 15 in 2024. Net Assets fell from £5.48M in 2023 to £656.07K in 2024 (-88.03%). Okredo holds filed figures for 2022–2024; 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
-88.03%from £5.48M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TOKENOVATE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-46.2%vs 2022-26.7% a year compound (CAGR)
Cash in Bank
+23.5%vs 2022+11.1% a year compound (CAGR)
Total Assets
+87.8%vs 2022+37.1% a year compound (CAGR)
Total Liabilities
+3548%vs 2022+504% a year compound (CAGR)
Employees
+400%vs 2022+12Biggest increase
Total Liabilities+3548%
£46.65K in 2022 to £1.70M in 2024
Biggest decrease
Net Assets-46.2%
£1.22M in 2022 to £656.07K in 2024
TOKENOVATE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TOKENOVATE 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
- 27.48%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
- 71.28%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
- 83.64%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
- 59.62%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 TOKENOVATE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.22M | 5.48M | 656.07K |
| Total Assets£ | 1.27M | 5.81M | 2.39M |
| Cash in Bank£ | 1.15M | 5.18M | 1.42M |
| Total Liabilities£ | 46.65K | 314.65K | 1.70M |
| Employees | 3 | 9 | 15 |
TOKENOVATE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TOKENOVATE LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
TOKENOVATE LIMITED reported net assets of £656.07K for 2024. That compares with £5.48M in 2023, a change of -88.03%.
TOKENOVATE LIMITED reported total assets of £2.39M for 2024. That compares with £5.81M in 2023, a change of -58.94%.
TOKENOVATE LIMITED reported cash in bank of £1.42M for 2024. That compares with £5.18M in 2023, a change of -72.50%.
TOKENOVATE LIMITED reported 15 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, TOKENOVATE LIMITED's net assets fell by 46.2%, cash in bank rose by 23.5%, total assets rose by 87.8% and total liabilities rose by 3548%. Net assets contracted at 26.7% a year across the two years to 2024, from £1.22M to £656.07K. Reported headcount went from 3 in 2022 to 15 in 2024 (+12).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.