SERCONNECT LTD Financials
- Company number
- 12479469CopyCopy
- Registered office
- Units 7 & 8 Union Court Alan Ramsbottom Way, Great Harwood, Blackburn, Lancashire BB6 7FD
- Incorporated
- 24/02/2020
Company snapshot
- Status
- Active
- Employees
- 24 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
41.48%vs 20222022: £344.24K
Total Assets
67.69%vs 20222022: £1.01M
Cash in Bank
60.40%vs 20222022: £209.86K
Total Liabilities
80.29%vs 20222022: £446.48K
Employees
+10vs 20222022: 14
In 2023, SERCONNECT LTD reported net assets of £487.02K. The same filing shows total assets of £1.70M, cash in bank of £336.61K and total liabilities of £804.96K. Reported headcount was 24 in 2023. Total Assets rose from £1.01M in 2022 to £1.70M in 2023 (67.69%). 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
41.48%from £344.24K in 2022Year-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 SERCONNECT LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+299%vs 2021+99.7% a year compound (CAGR)
Cash in Bank
+493%vs 2021+144% a year compound (CAGR)
Total Assets
+336%vs 2021+109% a year compound (CAGR)
Total Liabilities
+251%vs 2021+87.2% a year compound (CAGR)
Employees
+500%vs 2021+20Biggest increase
Employees+500%
4 in 2021 to 24 in 2023
Every indicator Okredo holds for SERCONNECT LTD rose between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SERCONNECT 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
- 28.68%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
- 47.40%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
- 41.82%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
- 19.82%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 SERCONNECT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 122.09K | 344.24K | 487.02K |
| Total Assets£ | 389.19K | 1.01M | 1.70M |
| Cash in Bank£ | 56.73K | 209.86K | 336.61K |
| Total Liabilities£ | 229.61K | 446.48K | 804.96K |
| Employees | 4 | 14 | 24 |
SERCONNECT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SERCONNECT LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SERCONNECT LTD reported net assets of £487.02K for 2023. That compares with £344.24K in 2022, a change of 41.48%.
SERCONNECT LTD reported total assets of £1.70M for 2023. That compares with £1.01M in 2022, a change of 67.69%.
SERCONNECT LTD reported cash in bank of £336.61K for 2023. That compares with £209.86K in 2022, a change of 60.40%.
SERCONNECT LTD reported 24 employees in 2023, compared with 14 in 2022.
Between 2021 and 2023, SERCONNECT LTD's net assets rose by 299%, cash in bank rose by 493%, total assets rose by 336% and total liabilities rose by 251%. Net assets compounded at 99.7% a year across the two years to 2023, from £122.09K to £487.02K. Reported headcount went from 4 in 2021 to 24 in 2023 (+20).
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.