THIRD EQUATION LTD

Company number 12188439 ·

Active

Net assets, total assets & total liabilities 2020 – 2025

  • Total assets
  • Net assets
  • Total liabilities
-£12m -£10m -£8m -£6m -£4m -£2m £0 £2m 2020 2021 2022 2023 2024 2025 Total assets 2020: £1,324,764 Total assets 2021: £1,933,194 Total assets 2022: £1,763,212 Total assets 2023: £1,804,710 Total assets 2024: £1,291,493 Total assets 2025: £900,021 Total assets Net assets 2020: -£852,751 Net assets 2021: -£3,219,080 Net assets 2022: -£6,373,957 Net assets 2023: -£9,313,267 Net assets 2024: -£6,836,793 Net assets 2025: -£10,670,812 Net assets Total liabilities 2020: -£2,150,000 Total liabilities 2021: -£2,649,950 Total liabilities 2022: -£4,675,070 Total liabilities 2023: -£5,849,994 Total liabilities 2024: -£7,883,165 Total liabilities 2025: -£11,246,742 Total liabilities

Figures extracted from filed accounts. Hover a point for the exact value.

Employees 2024 – 2025

0 2 4 6 8 10 12 14 16 2024 2025 2024: 13 2025: 16

Average employees, from filed accounts. Hover a point for the exact figure.

Balance sheet by year 6 years

Latest accounts (2025-03-31): Audited.

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2025-03-31 £900,021 -£11,246,742 -£10,670,812 £24,823 16
2024-03-31 £1,291,493 -£7,883,165 -£6,836,793 £510,272 13
2023-03-31 £1,804,710 -£5,849,994 -£9,313,267 £837,004
2022-03-31 £1,763,212 -£4,675,070 -£6,373,957 £867,015
2021-03-31 £1,933,194 -£2,649,950 -£3,219,080 £1,195,781
2020-03-31 £1,324,764 -£2,150,000 -£852,751 £479,151

Profit and employee figures are captured from accounts filed from August 2026 onwards, where the accounts disclose them.

Debt & working capital 2025-03-31

Owed by customers
£30,878
Owed to suppliers
£165,411