SAGETECH MEDICAL EQUIPMENT LIMITED Financials
- Company number
- 09393538CopyCopy
- Registered office
- Suite F4 Westfield Business Park, Long Road, Paignton TQ4 7AU
- Incorporated
- 16/01/2015
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
31.09%vs 20232023: £1.52M
Total Assets
7.78%vs 20232023: £2.63M
Cash in Bank
-19.54%vs 20232023: £260.91K
Total Liabilities
-29.78%vs 20232023: £903.36K
Employees
-4vs 20232023: 18
In 2024, SAGETECH MEDICAL EQUIPMENT LIMITED reported net assets of £2.00M. The same filing shows total assets of £2.83M, cash in bank of £209.93K and total liabilities of £634.32K. Reported headcount was 14 in 2024. Net Assets rose from £1.52M in 2023 to £2.00M in 2024 (31.09%). 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
31.09%from £1.52M 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 SAGETECH MEDICAL EQUIPMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-37.9%vs 2022-21.2% a year compound (CAGR)
Cash in Bank
-54.1%vs 2022-32.3% a year compound (CAGR)
Total Assets
-37.3%vs 2022-20.8% a year compound (CAGR)
Total Liabilities
-30.3%vs 2022-16.5% a year compound (CAGR)
Employees
-22.2%vs 2022-4Biggest decrease
Cash in Bank-54.1%
£457.84K in 2022 to £209.93K in 2024
Every indicator Okredo holds for SAGETECH MEDICAL EQUIPMENT LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SAGETECH MEDICAL EQUIPMENT 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
- 70.58%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
- 22.42%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
- 33.10%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
- 7.42%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 SAGETECH MEDICAL EQUIPMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.42M | 3.22M | 1.52M | 2.00M |
| Total Assets£ | 3.35M | 4.51M | 2.63M | 2.83M |
| Cash in Bank£ | 1.13M | 457.84K | 260.91K | 209.93K |
| Total Liabilities£ | 869.15K | 909.86K | 903.36K | 634.32K |
| Employees | 10 | 18 | 18 | 14 |
SAGETECH MEDICAL EQUIPMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SAGETECH MEDICAL EQUIPMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SAGETECH MEDICAL EQUIPMENT LIMITED reported net assets of £2.00M for 2024. That compares with £1.52M in 2023, a change of 31.09%.
SAGETECH MEDICAL EQUIPMENT LIMITED reported total assets of £2.83M for 2024. That compares with £2.63M in 2023, a change of 7.78%.
SAGETECH MEDICAL EQUIPMENT LIMITED reported cash in bank of £209.93K for 2024. That compares with £260.91K in 2023, a change of -19.54%.
SAGETECH MEDICAL EQUIPMENT LIMITED reported 14 employees in 2024, compared with 18 in 2023.
Between 2022 and 2024, SAGETECH MEDICAL EQUIPMENT LIMITED's net assets fell by 37.9%, cash in bank fell by 54.1%, total assets fell by 37.3% and total liabilities fell by 30.3%. Net assets contracted at 21.2% a year across the two years to 2024, from £3.22M to £2.00M. Reported headcount went from 18 in 2022 to 14 in 2024 (-4).
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.