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POPLAR TECHNOLOGIES LTD Financials

Company number
11559527Copy
Copy
Registered office
Fieldfisher Riverbank House, 2 Swan Lane, London EC4R 3TT
Incorporated
10/09/2018

Company snapshot

Status
Active
Employees
17 (2023)
Latest financial data
2023
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£277.41K2023
-86.24%vs 2022

2022: £2.02M

Total Assets

£1.48M2023
-27.84%vs 2022

2022: £2.06M

Cash in Bank

£1.33M2023
-30.70%vs 2022

2022: £1.92M

Total Liabilities

£1.18M2023
11.86K%vs 2022

2022: £9.90K

Employees

172023
+2vs 2022

2022: 15

In 2023, POPLAR TECHNOLOGIES LTD reported net assets of £277.41K. The same filing shows total assets of £1.48M, cash in bank of £1.33M and total liabilities of £1.18M. Reported headcount was 17 in 2023. Net Assets fell from £2.02M in 2022 to £277.41K in 2023 (-86.24%). 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

£277.41K2023
-86.24%from £2.02M in 2022

Year-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 POPLAR TECHNOLOGIES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£3.86M2021£277.41K2023
-92.8%vs 2021

-73.2% a year compound (CAGR)

Total Assets

£3.88M2021£1.48M2023
-61.8%vs 2021

-38.2% a year compound (CAGR)

Total Liabilities

£18.61K2021£1.18M2023
+6263%vs 2021

+698% a year compound (CAGR)

Employees

62021172023
+183%vs 2021+11

Biggest increase

Total Liabilities+6263%

£18.61K in 2021 to £1.18M in 2023

Biggest decrease

Net Assets-92.8%

£3.86M in 2021 to £277.41K in 2023

POPLAR TECHNOLOGIES LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from POPLAR TECHNOLOGIES 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
18.70%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
79.83%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
112.65%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
89.92%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 POPLAR TECHNOLOGIES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£3.86M2.02M277.41K
Total Assets£3.88M2.06M1.48M
Cash in Bank£–1.92M1.33M
Total Liabilities£18.61K9.90K1.18M
Employees61517

POPLAR TECHNOLOGIES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for POPLAR TECHNOLOGIES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

POPLAR TECHNOLOGIES LTD reported net assets of £277.41K for 2023. That compares with £2.02M in 2022, a change of -86.24%.

POPLAR TECHNOLOGIES LTD reported total assets of £1.48M for 2023. That compares with £2.06M in 2022, a change of -27.84%.

POPLAR TECHNOLOGIES LTD reported cash in bank of £1.33M for 2023. That compares with £1.92M in 2022, a change of -30.70%.

POPLAR TECHNOLOGIES LTD reported 17 employees in 2023, compared with 15 in 2022.

Between 2021 and 2023, POPLAR TECHNOLOGIES LTD's net assets fell by 92.8%, total assets fell by 61.8%, total liabilities rose by 6263% and employee numbers rose by 183%. Net assets contracted at 73.2% a year across the two years to 2023, from £3.86M to £277.41K. Reported headcount went from 6 in 2021 to 17 in 2023 (+11).

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.