ERICOM SOFTWARE (UK) LIMITED Financials
- Company number
- 03890198CopyCopy
- Registered office
- C/O Csc Cls (Uk) Limited 5 Churchill Place, 10th Floor, London E14 5HU
- Incorporated
- 07/12/1999
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
24.62%vs 20222022: £117.14K
Total Assets
21.54%vs 20222022: £1.66M
Cash in Bank
-22.60%vs 20222022: £306.94K
Total Liabilities
21.31%vs 20222022: £1.54M
Employees
0vs 20222022: 6
In 2023, ERICOM SOFTWARE (UK) LIMITED reported net assets of £145.99K. The same filing shows total assets of £2.02M, cash in bank of £237.58K and total liabilities of £1.87M. Reported headcount was 6 in 2023. Total Assets rose from £1.66M in 2022 to £2.02M in 2023 (21.54%). 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
24.62%from £117.14K 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 ERICOM SOFTWARE (UK) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+104%vs 2021+42.7% a year compound (CAGR)
Cash in Bank
+98.2%vs 2021+40.8% a year compound (CAGR)
Total Assets
+20.6%vs 2021+9.8% a year compound (CAGR)
Total Liabilities
+16.9%vs 2021+8.1% a year compound (CAGR)
Employees
-14.3%vs 2021-1Biggest increase
Net Assets+104%
£71.68K in 2021 to £145.99K in 2023
Biggest decrease
Employees-14.3%
7 in 2021 to 6 in 2023
ERICOM SOFTWARE (UK) LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ERICOM SOFTWARE (UK) LIMITED'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
- 7.23%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
- 92.77%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
- 12.69%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
- 11.77%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 ERICOM SOFTWARE (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 71.68K | 117.14K | 145.99K |
| Total Assets£ | 1.67M | 1.66M | 2.02M |
| Cash in Bank£ | 119.84K | 306.94K | 237.58K |
| Total Liabilities£ | 1.60M | 1.54M | 1.87M |
| Employees | 7 | 6 | 6 |
ERICOM SOFTWARE (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ERICOM SOFTWARE (UK) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
ERICOM SOFTWARE (UK) LIMITED reported net assets of £145.99K for 2023. That compares with £117.14K in 2022, a change of 24.62%.
ERICOM SOFTWARE (UK) LIMITED reported total assets of £2.02M for 2023. That compares with £1.66M in 2022, a change of 21.54%.
ERICOM SOFTWARE (UK) LIMITED reported cash in bank of £237.58K for 2023. That compares with £306.94K in 2022, a change of -22.60%.
ERICOM SOFTWARE (UK) LIMITED reported 6 employees in 2023, compared with 6 in 2022.
Between 2021 and 2023, ERICOM SOFTWARE (UK) LIMITED's net assets rose by 104%, cash in bank rose by 98.2%, total assets rose by 20.6% and total liabilities rose by 16.9%. Net assets compounded at 42.7% a year across the two years to 2023, from £71.68K to £145.99K. Reported headcount went from 7 in 2021 to 6 in 2023 (-1).
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.