TRANSACT TECHNOLOGY SOLUTIONS LTD Financials
- Company number
- 07135424CopyCopy
- Registered office
- Rooms 1 & 2, Third Floor, 5 St John's Lane, London EC1M 4BH
- Incorporated
- 26/01/2010
Company snapshot
- Status
- Active
- Employees
- 47 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
2.92%vs 20222022: £-876.55K
Total Assets
-14.84%vs 20222022: £7.40M
Cash in Bank
278.28%vs 20222022: £64.46K
Total Liabilities
-12.61%vs 20222022: £8.03M
Employees
+6vs 20222022: 41
In 2023, TRANSACT TECHNOLOGY SOLUTIONS LTD reported net assets of £-850.97K. The same filing shows total assets of £6.30M, cash in bank of £243.85K and total liabilities of £7.02M. Reported headcount was 47 in 2023. Total Assets fell from £7.40M in 2022 to £6.30M in 2023 (-14.84%). 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
2.92%from £-876.55K 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 TRANSACT TECHNOLOGY SOLUTIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-653%vs 2021Cash in Bank
+114%vs 2021+46.4% a year compound (CAGR)
Total Assets
+28%vs 2021+13.1% a year compound (CAGR)
Total Liabilities
+59.8%vs 2021+26.4% a year compound (CAGR)
Employees
+51.6%vs 2021+16Biggest increase
Cash in Bank+114%
£113.84K in 2021 to £243.85K in 2023
Biggest decrease
Net Assets-653%
£153.86K in 2021 to £-850.97K in 2023
TRANSACT TECHNOLOGY SOLUTIONS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 TRANSACT TECHNOLOGY SOLUTIONS 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
- -13.51%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
- 111.36%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
- 3.48%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
- 3.87%2023
- 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 TRANSACT TECHNOLOGY SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 153.86K | -876.55K | -850.97K |
| Total Assets£ | 4.92M | 7.40M | 6.30M |
| Cash in Bank£ | 113.84K | 64.46K | 243.85K |
| Total Liabilities£ | 4.39M | 8.03M | 7.02M |
| Employees | 31 | 41 | 47 |
TRANSACT TECHNOLOGY SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRANSACT TECHNOLOGY SOLUTIONS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
TRANSACT TECHNOLOGY SOLUTIONS LTD reported net assets of £-850.97K for 2023. That compares with £-876.55K in 2022, a change of 2.92%.
TRANSACT TECHNOLOGY SOLUTIONS LTD reported total assets of £6.30M for 2023. That compares with £7.40M in 2022, a change of -14.84%.
TRANSACT TECHNOLOGY SOLUTIONS LTD reported cash in bank of £243.85K for 2023. That compares with £64.46K in 2022, a change of 278.28%.
TRANSACT TECHNOLOGY SOLUTIONS LTD reported 47 employees in 2023, compared with 41 in 2022.
Between 2021 and 2023, TRANSACT TECHNOLOGY SOLUTIONS LTD's net assets fell by 653%, cash in bank rose by 114%, total assets rose by 28% and total liabilities rose by 59.8%. Cash in bank compounded at 46.4% a year across the two years to 2023, from £113.84K to £243.85K. Reported headcount went from 31 in 2021 to 47 in 2023 (+16).
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.