TRANSFORM MS CIC Financials
- Company number
- 12349146CopyCopy
- Registered office
- Room 304, Phase 2 Building Plymouth Science Park, 1 Davy Road, Plymouth, Devon PL6 8BX
- Incorporated
- 04/12/2019
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-32.43%vs 20232023: £55.91K
Total Assets
12.94%vs 20232023: £264.73K
Cash in Bank
-36.91%vs 20232023: £255.80K
Total Liabilities
24.54%vs 20232023: £208.82K
Employees
+1vs 20232023: 5
In 2024, TRANSFORM MS CIC reported net assets of £37.78K. The same filing shows total assets of £299.00K, cash in bank of £161.40K and total liabilities of £260.07K. Reported headcount was 6 in 2024. Cash in Bank fell from £255.80K in 2023 to £161.40K in 2024 (-36.91%). 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
-32.43%from £55.91K in 2023Year-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 TRANSFORM MS CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+213%vs 2022+76.8% a year compound (CAGR)
Cash in Bank
+160%vs 2022+61.1% a year compound (CAGR)
Total Assets
+148%vs 2022+57.6% a year compound (CAGR)
Total Liabilities
+140%vs 2022+54.9% a year compound (CAGR)
Employees
+20%vs 2022+1Biggest increase
Net Assets+213%
£12.08K in 2022 to £37.78K in 2024
Every indicator Okredo holds for TRANSFORM MS CIC rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRANSFORM MS 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
- 12.64%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
- 86.98%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
- 62.06%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
- 53.98%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 TRANSFORM MS CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.87K | 12.08K | 55.91K | 37.78K |
| Total Assets£ | 8.11K | 120.42K | 264.73K | 299.00K |
| Cash in Bank£ | 6.29K | 62.18K | 255.80K | 161.40K |
| Total Liabilities£ | 6.24K | 108.34K | 208.82K | 260.07K |
| Employees | 5 | 5 | 5 | 6 |
TRANSFORM MS CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRANSFORM MS CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRANSFORM MS CIC reported net assets of £37.78K for 2024. That compares with £55.91K in 2023, a change of -32.43%.
TRANSFORM MS CIC reported total assets of £299.00K for 2024. That compares with £264.73K in 2023, a change of 12.94%.
TRANSFORM MS CIC reported cash in bank of £161.40K for 2024. That compares with £255.80K in 2023, a change of -36.91%.
TRANSFORM MS CIC reported 6 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, TRANSFORM MS CIC's net assets rose by 213%, cash in bank rose by 160%, total assets rose by 148% and total liabilities rose by 140%. Net assets compounded at 76.8% a year across the two years to 2024, from £12.08K to £37.78K. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).
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.