ULTRASWIFT LTD Financials
- Company number
- 01897445Copy
Copy - Registered office
- 16 Lambton Place, London W11 2SH
- Incorporated
- 20/03/1985
Company snapshot
- Status
- Active
- Employees
- 28 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.89%vs 20232023: £2.24M
Total Assets
-4.85%vs 20232023: £4.77M
Cash in Bank
-75.16%vs 20232023: £322.91K
Total Liabilities
-9.56%vs 20232023: £1.74M
Employees
+4vs 20232023: 24
In 2024, ULTRASWIFT LTD reported net assets of £2.20M. The same filing shows total assets of £4.53M, cash in bank of £80.21K and total liabilities of £1.58M. Reported headcount was 28 in 2024. Cash in Bank fell from £322.91K in 2023 to £80.21K in 2024 (-75.16%). 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
-1.89%from £2.24M 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 ULTRASWIFT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+11.6%vs 2022+5.7% a year compound (CAGR)
Cash in Bank
-75.3%vs 2022-50.3% a year compound (CAGR)
Total Assets
-6.2%vs 2022-3.1% a year compound (CAGR)
Total Liabilities
-22.6%vs 2022-12% a year compound (CAGR)
Employees
+55.6%vs 2022+10Biggest increase
Employees+55.6%
18 in 2022 to 28 in 2024
Biggest decrease
Cash in Bank-75.3%
£324.94K in 2022 to £80.21K in 2024
ULTRASWIFT LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 ULTRASWIFT 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
- 48.45%2024
- Liabilities to total assets
- 34.76%2024
- Cash to liabilities
- 5.09%2024
- Cash to total assets
- 1.77%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ULTRASWIFT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.75M | 1.97M | 2.24M | 2.20M |
| Total Assets£ | 4.78M | 4.83M | 4.77M | 4.53M |
| Cash in Bank£ | 114.20K | 324.94K | 322.91K | 80.21K |
| Total Liabilities£ | 2.14M | 2.04M | 1.74M | 1.58M |
| Employees | 18 | 18 | 24 | 28 |
ULTRASWIFT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ULTRASWIFT LTD filed financial statements?
Yes. Okredo holds filed figures for ULTRASWIFT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ULTRASWIFT LTD report in 2024?
ULTRASWIFT LTD reported net assets of £2.20M for 2024. That compares with £2.24M in 2023, a change of -1.89%.
What total assets did ULTRASWIFT LTD report in 2024?
ULTRASWIFT LTD reported total assets of £4.53M for 2024. That compares with £4.77M in 2023, a change of -4.85%.
What cash in bank did ULTRASWIFT LTD report in 2024?
ULTRASWIFT LTD reported cash in bank of £80.21K for 2024. That compares with £322.91K in 2023, a change of -75.16%.
How many people does ULTRASWIFT LTD employ?
ULTRASWIFT LTD reported 28 employees in 2024, compared with 24 in 2023.
How have ULTRASWIFT LTD financials changed over the last 3 years?
Between 2022 and 2024, ULTRASWIFT LTD's net assets rose by 11.6%, cash in bank fell by 75.3%, total assets fell by 6.2% and total liabilities fell by 22.6%. Net assets compounded at 5.7% a year across the two years to 2024, from £1.97M to £2.20M. Reported headcount went from 18 in 2022 to 28 in 2024 (+10).
Which years of ULTRASWIFT LTD financial data are available?
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.