SATISNET LIMITED Financials
- Company number
- 05132091CopyCopy
- Registered office
- Arbeta, 11 Northampton Road, Manchester M40 5BP
- Incorporated
- 19/05/2004
Company snapshot
- Status
- Active
- Employees
- 41 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-49.40%vs 20232023: £4.24M
Total Assets
-33.34%vs 20232023: £14.21M
Cash in Bank
-28.23%vs 20232023: £5.79M
Total Liabilities
-26.51%vs 20232023: £9.97M
Employees
-6vs 20232023: 47
In 2024, SATISNET LIMITED reported net assets of £2.15M. The same filing shows total assets of £9.47M, cash in bank of £4.16M and total liabilities of £7.32M. Reported headcount was 41 in 2024. Total Assets fell from £14.21M in 2023 to £9.47M in 2024 (-33.34%). Okredo holds filed figures for 2022–2024; 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
-49.40%from £4.24M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SATISNET LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-68.7%vs 2022-44.1% a year compound (CAGR)
Cash in Bank
-25.5%vs 2022-13.7% a year compound (CAGR)
Total Assets
-45.7%vs 2022-26.3% a year compound (CAGR)
Total Liabilities
-30.7%vs 2022-16.8% a year compound (CAGR)
Employees
+2.5%vs 2022+1Biggest increase
Employees+2.5%
40 in 2022 to 41 in 2024
Biggest decrease
Net Assets-68.7%
£6.86M in 2022 to £2.15M in 2024
SATISNET LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SATISNET 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
- 22.66%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
- 77.34%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
- 56.75%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
- 43.89%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 SATISNET LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 6.86M | 4.24M | 2.15M |
| Total Assets£ | 17.43M | 14.21M | 9.47M |
| Cash in Bank£ | 5.58M | 5.79M | 4.16M |
| Total Liabilities£ | 10.57M | 9.97M | 7.32M |
| Employees | 40 | 47 | 41 |
SATISNET LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SATISNET LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
SATISNET LIMITED reported net assets of £2.15M for 2024. That compares with £4.24M in 2023, a change of -49.40%.
SATISNET LIMITED reported total assets of £9.47M for 2024. That compares with £14.21M in 2023, a change of -33.34%.
SATISNET LIMITED reported cash in bank of £4.16M for 2024. That compares with £5.79M in 2023, a change of -28.23%.
SATISNET LIMITED reported 41 employees in 2024, compared with 47 in 2023.
Between 2022 and 2024, SATISNET LIMITED's net assets fell by 68.7%, cash in bank fell by 25.5%, total assets fell by 45.7% and total liabilities fell by 30.7%. Net assets contracted at 44.1% a year across the two years to 2024, from £6.86M to £2.15M. Reported headcount went from 40 in 2022 to 41 in 2024 (+1).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.