Active

SG ELITE LTD Financials

Company number
NI644998Copy
Copy
Registered office
22 Lagan Road, Keady, Armagh BT60 3EP
Incorporated
03/04/2017

Company snapshot

Status
Active
Employees
13 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£658.57K2024
87.05%vs 2023

2023: £352.09K

Total Assets

£4.18M2024
424.75%vs 2023

2023: £796.14K

Cash in Bank

£101.20K2024
-0.90%vs 2023

2023: £102.12K

Total Liabilities

£1.65M2024
473.44%vs 2023

2023: £287.72K

Employees

132024
+2vs 2023

2023: 11

In 2024, SG ELITE LTD reported net assets of £658.57K. The same filing shows total assets of £4.18M, cash in bank of £101.20K and total liabilities of £1.65M. Reported headcount was 13 in 2024. Total Assets rose from £796.14K in 2023 to £4.18M in 2024 (424.75%). 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

£658.57K2024
87.05%from £352.09K 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 SG ELITE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-7.01K2022£658.57K2024
Increasedvs 2022

Cash in Bank

£2.80K2022£101.20K2024
+3513%vs 2022

+501% a year compound (CAGR)

Total Assets

£497.86K2022£4.18M2024
+739%vs 2022

+190% a year compound (CAGR)

Total Liabilities

£340.45K2022£1.65M2024
+385%vs 2022

+120% a year compound (CAGR)

Employees

52022132024
+160%vs 2022+8

Biggest increase

Cash in Bank+3513%

£2.80K in 2022 to £101.20K in 2024

Every indicator Okredo holds for SG ELITE LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SG ELITE 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
15.76%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
39.49%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
6.13%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
2.42%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 SG ELITE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£475.00K-7.01K352.09K658.57K
Total Assets£796.21K497.86K796.14K4.18M
Cash in Bank£423.11K2.80K102.12K101.20K
Total Liabilities£283.54K340.45K287.72K1.65M
Employees151113

SG ELITE LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

SG ELITE LTD reported net assets of £658.57K for 2024. That compares with £352.09K in 2023, a change of 87.05%.

SG ELITE LTD reported total assets of £4.18M for 2024. That compares with £796.14K in 2023, a change of 424.75%.

SG ELITE LTD reported cash in bank of £101.20K for 2024. That compares with £102.12K in 2023, a change of -0.90%.

SG ELITE LTD reported 13 employees in 2024, compared with 11 in 2023.

Between 2022 and 2024, SG ELITE LTD's cash in bank rose by 3513%, total assets rose by 739%, total liabilities rose by 385% and employee numbers rose by 160%. Cash in bank compounded at 501% a year across the two years to 2024, from £2.80K to £101.20K. Reported headcount went from 5 in 2022 to 13 in 2024 (+8).

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.