TRAFFIC TECH EUROPE LTD. Financials
- Company number
- 13539467CopyCopy
- Registered office
- 1 Meadlake Place, Thorpe Lea Road, Egham TW20 8HE
- Incorporated
- 30/07/2021
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-25.86%vs 20232023: £-575.22K
Total Assets
9.02%vs 20232023: £4.32M
Cash in Bank
-67.49%vs 20232023: £51.93K
Total Liabilities
11.19%vs 20232023: £4.87M
Employees
-3vs 20232023: 6
In 2024, TRAFFIC TECH EUROPE LTD. reported net assets of £-724.00K. The same filing shows total assets of £4.71M, cash in bank of £16.88K and total liabilities of £5.42M. Reported headcount was 3 in 2024. Total Liabilities rose from £4.87M in 2023 to £5.42M in 2024 (11.19%). 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
-25.86%from £-575.22K 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 TRAFFIC TECH EUROPE LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-196%vs 2022Total Assets
+27.5%vs 2022+12.9% a year compound (CAGR)
Total Liabilities
+84.1%vs 2022+35.7% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+84.1%
£2.94M in 2022 to £5.42M in 2024
Biggest decrease
Net Assets-196%
£752.31K in 2022 to £-724.00K in 2024
TRAFFIC TECH EUROPE LTD.'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 TRAFFIC TECH EUROPE 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
- -15.36%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
- 114.99%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
- 0.31%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
- 0.36%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 TRAFFIC TECH EUROPE LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 752.31K | -575.22K | -724.00K |
| Total Assets£ | 3.70M | 4.32M | 4.71M |
| Cash in Bank£ | – | 51.93K | 16.88K |
| Total Liabilities£ | 2.94M | 4.87M | 5.42M |
| Employees | 3 | 6 | 3 |
TRAFFIC TECH EUROPE LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRAFFIC TECH EUROPE LTD. covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
TRAFFIC TECH EUROPE LTD. reported net assets of £-724.00K for 2024. That compares with £-575.22K in 2023, a change of -25.86%.
TRAFFIC TECH EUROPE LTD. reported total assets of £4.71M for 2024. That compares with £4.32M in 2023, a change of 9.02%.
TRAFFIC TECH EUROPE LTD. reported cash in bank of £16.88K for 2024. That compares with £51.93K in 2023, a change of -67.49%.
TRAFFIC TECH EUROPE LTD. reported 3 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, TRAFFIC TECH EUROPE LTD.'s net assets fell by 196%, total assets rose by 27.5%, total liabilities rose by 84.1% and employee numbers was unchanged. Total assets compounded at 12.9% a year across the two years to 2024, from £3.70M to £4.71M. Reported headcount went from 3 in 2022 to 3 in 2024.
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.