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XD CONNECTS UK LTD Financials

Company number
07335118Copy
Copy
Registered office
Suites 1.08 To 1.11 Icentrum, Holt Street, Birmingham, West Midlands B7 4BP
Incorporated
04/08/2010

Company snapshot

Status
Active
Employees
16 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£415.51K2024
23.93%vs 2023

2023: £335.28K

Total Assets

£541.89K2024
18.91%vs 2023

2023: £455.72K

Cash in Bank

£25.27K2024
-48.95%vs 2023

2023: £49.50K

Total Liabilities

£126.38K2024
4.93%vs 2023

2023: £120.44K

Employees

162024
0vs 2023

2023: 16

In 2024, XD CONNECTS UK LTD reported net assets of £415.51K. The same filing shows total assets of £541.89K, cash in bank of £25.27K and total liabilities of £126.38K. Reported headcount was 16 in 2024. Total Assets rose from £455.72K in 2023 to £541.89K in 2024 (18.91%). 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

£415.51K2024
23.93%from £335.28K in 2023

Year-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 XD CONNECTS UK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£264.99K2022£415.51K2024
+56.8%vs 2022

+25.2% a year compound (CAGR)

Cash in Bank

£81.73K2022£25.27K2024
-69.1%vs 2022

-44.4% a year compound (CAGR)

Total Assets

£438.19K2022£541.89K2024
+23.7%vs 2022

+11.2% a year compound (CAGR)

Total Liabilities

£173.20K2022£126.38K2024
-27%vs 2022

-14.6% a year compound (CAGR)

Employees

152022162024
+6.7%vs 2022+1

Biggest increase

Net Assets+56.8%

£264.99K in 2022 to £415.51K in 2024

Biggest decrease

Cash in Bank-69.1%

£81.73K in 2022 to £25.27K in 2024

XD CONNECTS UK LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 XD CONNECTS UK 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
76.68%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
23.32%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
19.99%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
4.66%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 XD CONNECTS UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£195.35K264.99K335.28K415.51K
Total Assets£272.83K438.19K455.72K541.89K
Cash in Bank£39.45K81.73K49.50K25.27K
Total Liabilities£77.47K173.20K120.44K126.38K
Employees12151616

XD CONNECTS UK LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for XD CONNECTS UK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

XD CONNECTS UK LTD reported net assets of £415.51K for 2024. That compares with £335.28K in 2023, a change of 23.93%.

XD CONNECTS UK LTD reported total assets of £541.89K for 2024. That compares with £455.72K in 2023, a change of 18.91%.

XD CONNECTS UK LTD reported cash in bank of £25.27K for 2024. That compares with £49.50K in 2023, a change of -48.95%.

XD CONNECTS UK LTD reported 16 employees in 2024, compared with 16 in 2023.

Between 2022 and 2024, XD CONNECTS UK LTD's net assets rose by 56.8%, cash in bank fell by 69.1%, total assets rose by 23.7% and total liabilities fell by 27%. Net assets compounded at 25.2% a year across the two years to 2024, from £264.99K to £415.51K. Reported headcount went from 15 in 2022 to 16 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.