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SB LABORATORIES LTD Financials

Company number
03280435Copy
Copy
Registered office
Labtec Street, Swinton, Manchester M27 8SE
Incorporated
19/11/1996

Company snapshot

Status
Active
Employees
52 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£5.15M2024
20.29%vs 2023

2023: £4.28M

Total Assets

£6.80M2024
15.86%vs 2023

2023: £5.87M

Cash in Bank

£2.12M2024
44.93%vs 2023

2023: £1.46M

Total Liabilities

£1.65M2024
3.92%vs 2023

2023: £1.59M

Employees

522024
-3vs 2023

2023: 55

In 2024, SB LABORATORIES LTD reported net assets of £5.15M. The same filing shows total assets of £6.80M, cash in bank of £2.12M and total liabilities of £1.65M. Reported headcount was 52 in 2024. Total Assets rose from £5.87M in 2023 to £6.80M in 2024 (15.86%). 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

£5.15M2024
20.29%from £4.28M 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 SB LABORATORIES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£4.23M2022£5.15M2024
+21.8%vs 2022

+10.3% a year compound (CAGR)

Cash in Bank

£1.78M2022£2.12M2024
+19.2%vs 2022

+9.2% a year compound (CAGR)

Total Assets

£5.42M2022£6.80M2024
+25.5%vs 2022

+12% a year compound (CAGR)

Total Liabilities

£1.19M2022£1.65M2024
+39.1%vs 2022

+17.9% a year compound (CAGR)

Employees

432022522024
+20.9%vs 2022+9

Biggest increase

Total Liabilities+39.1%

£1.19M in 2022 to £1.65M in 2024

Every indicator Okredo holds for SB LABORATORIES LTD rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SB LABORATORIES 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
75.74%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
24.26%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
128.45%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
31.16%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£229.81K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SB LABORATORIES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£3.63M4.23M4.28M5.15M
Total Assets£4.65M5.42M5.87M6.80M
Cash in Bank£494.18K1.78M1.46M2.12M
Total Liabilities£1.02M1.19M1.59M1.65M
Employees43435552

SB LABORATORIES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SB LABORATORIES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SB LABORATORIES LTD reported net assets of £5.15M for 2024. That compares with £4.28M in 2023, a change of 20.29%.

SB LABORATORIES LTD reported total assets of £6.80M for 2024. That compares with £5.87M in 2023, a change of 15.86%.

SB LABORATORIES LTD reported cash in bank of £2.12M for 2024. That compares with £1.46M in 2023, a change of 44.93%.

SB LABORATORIES LTD reported 52 employees in 2024, compared with 55 in 2023.

Between 2022 and 2024, SB LABORATORIES LTD's net assets rose by 21.8%, cash in bank rose by 19.2%, total assets rose by 25.5% and total liabilities rose by 39.1%. Net assets compounded at 10.3% a year across the two years to 2024, from £4.23M to £5.15M. Reported headcount went from 43 in 2022 to 52 in 2024 (+9).

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.