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GLOBAL CONNECTIONS (SCOTLAND) LTD. Financials

Company number
SC188088Copy
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Registered office
3rd Floor, 180 Hope Street, Glasgow G2 2UE
Incorporated
30/07/1998

Company snapshot

Status
Active
Employees
38 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£1.68M2024
72.94%vs 2023

2023: £971.59K

Total Assets

£2.93M2024
52.50%vs 2023

2023: £1.92M

Cash in Bank

£944.73K2024
73.91%vs 2023

2023: £543.22K

Total Liabilities

£1.05M2024
44.60%vs 2023

2023: £727.88K

Employees

382024
+2vs 2023

2023: 36

In 2024, GLOBAL CONNECTIONS (SCOTLAND) LTD. reported net assets of £1.68M. The same filing shows total assets of £2.93M, cash in bank of £944.73K and total liabilities of £1.05M. Reported headcount was 38 in 2024. Total Assets rose from £1.92M in 2023 to £2.93M in 2024 (52.50%). 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

£1.68M2024
72.94%from £971.59K 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 GLOBAL CONNECTIONS (SCOTLAND) LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£811.80K2022£1.68M2024
+107%vs 2022

+43.9% a year compound (CAGR)

Cash in Bank

£382.77K2022£944.73K2024
+147%vs 2022

+57.1% a year compound (CAGR)

Total Assets

£1.70M2022£2.93M2024
+72%vs 2022

+31.2% a year compound (CAGR)

Total Liabilities

£642.82K2022£1.05M2024
+63.7%vs 2022

+28% a year compound (CAGR)

Employees

422022382024
-9.5%vs 2022-4

Biggest increase

Cash in Bank+147%

£382.77K in 2022 to £944.73K in 2024

Biggest decrease

Employees-9.5%

42 in 2022 to 38 in 2024

GLOBAL CONNECTIONS (SCOTLAND) LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 GLOBAL CONNECTIONS (SCOTLAND) 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
57.39%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
35.95%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
89.76%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
32.27%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 GLOBAL CONNECTIONS (SCOTLAND) LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£710.74K811.80K971.59K1.68M
Total Assets£1.60M1.70M1.92M2.93M
Cash in Bank£453.16K382.77K543.22K944.73K
Total Liabilities£612.52K642.82K727.88K1.05M
Employees36423638

GLOBAL CONNECTIONS (SCOTLAND) LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Has GLOBAL CONNECTIONS (SCOTLAND) LTD. filed financial statements?

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Yes. Okredo holds filed figures for GLOBAL CONNECTIONS (SCOTLAND) LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did GLOBAL CONNECTIONS (SCOTLAND) LTD. report in 2024?

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GLOBAL CONNECTIONS (SCOTLAND) LTD. reported net assets of £1.68M for 2024. That compares with £971.59K in 2023, a change of 72.94%.

What total assets did GLOBAL CONNECTIONS (SCOTLAND) LTD. report in 2024?

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GLOBAL CONNECTIONS (SCOTLAND) LTD. reported total assets of £2.93M for 2024. That compares with £1.92M in 2023, a change of 52.50%.

What cash in bank did GLOBAL CONNECTIONS (SCOTLAND) LTD. report in 2024?

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GLOBAL CONNECTIONS (SCOTLAND) LTD. reported cash in bank of £944.73K for 2024. That compares with £543.22K in 2023, a change of 73.91%.

How many people does GLOBAL CONNECTIONS (SCOTLAND) LTD. employ?

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GLOBAL CONNECTIONS (SCOTLAND) LTD. reported 38 employees in 2024, compared with 36 in 2023.

How have GLOBAL CONNECTIONS (SCOTLAND) LTD. financials changed over the last 3 years?

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Between 2022 and 2024, GLOBAL CONNECTIONS (SCOTLAND) LTD.'s net assets rose by 107%, cash in bank rose by 147%, total assets rose by 72% and total liabilities rose by 63.7%. Net assets compounded at 43.9% a year across the two years to 2024, from £811.80K to £1.68M. Reported headcount went from 42 in 2022 to 38 in 2024 (-4).

Which years of GLOBAL CONNECTIONS (SCOTLAND) LTD. financial data are available?

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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.