GLYCANAGE LTD Financials
- Company number
- 10383228Copy
Copy - Registered office
- The Catalyst 3 Science Square, Newcastle Helix, Newcastle Upon Tyne NE4 5TG
- Incorporated
- 19/09/2016
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-22.55%vs 20232023: £2.38M
Total Assets
-19.60%vs 20232023: £2.55M
Cash in Bank
-65.43%vs 20232023: £2.06M
Total Liabilities
16.17%vs 20232023: £173.48K
Employees
0vs 20232023: 7
In 2024, GLYCANAGE LTD reported net assets of £1.84M. The same filing shows total assets of £2.05M, cash in bank of £711.74K and total liabilities of £201.53K. Reported headcount was 7 in 2024. Cash in Bank fell from £2.06M in 2023 to £711.74K in 2024 (-65.43%). 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
-22.55%from £2.38M 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 GLYCANAGE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+133%vs 2022+52.7% a year compound (CAGR)
Cash in Bank
+0.8%vs 2022+0.4% a year compound (CAGR)
Total Assets
+90.8%vs 2022+38.1% a year compound (CAGR)
Total Liabilities
-29.4%vs 2022-16% a year compound (CAGR)
Employees
+133%vs 2022+4Biggest increase
Employees+133%
3 in 2022 to 7 in 2024
Biggest decrease
Total Liabilities-29.4%
£285.33K in 2022 to £201.53K in 2024
GLYCANAGE 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLYCANAGE 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
- 89.61%2024
- Liabilities to total assets
- 9.81%2024
- Cash to liabilities
- 353.17%2024
- Cash to total assets
- 34.65%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 GLYCANAGE 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£ | -123.77K | 788.90K | 2.38M | 1.84M |
| Total Assets£ | 120.10K | 1.08M | 2.55M | 2.05M |
| Cash in Bank£ | 16.93K | 705.92K | 2.06M | 711.74K |
| Total Liabilities£ | 242.45K | 285.33K | 173.48K | 201.53K |
| Employees | 3 | 3 | 7 | 7 |
GLYCANAGE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has GLYCANAGE LTD filed financial statements?
Yes. Okredo holds filed figures for GLYCANAGE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did GLYCANAGE LTD report in 2024?
GLYCANAGE LTD reported net assets of £1.84M for 2024. That compares with £2.38M in 2023, a change of -22.55%.
What total assets did GLYCANAGE LTD report in 2024?
GLYCANAGE LTD reported total assets of £2.05M for 2024. That compares with £2.55M in 2023, a change of -19.60%.
What cash in bank did GLYCANAGE LTD report in 2024?
GLYCANAGE LTD reported cash in bank of £711.74K for 2024. That compares with £2.06M in 2023, a change of -65.43%.
How many people does GLYCANAGE LTD employ?
GLYCANAGE LTD reported 7 employees in 2024, compared with 7 in 2023.
How have GLYCANAGE LTD financials changed over the last 3 years?
Between 2022 and 2024, GLYCANAGE LTD's net assets rose by 133%, cash in bank rose by 0.8%, total assets rose by 90.8% and total liabilities fell by 29.4%. Net assets compounded at 52.7% a year across the two years to 2024, from £788.90K to £1.84M. Reported headcount went from 3 in 2022 to 7 in 2024 (+4).
Which years of GLYCANAGE 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.