SHORTCUTS SOFTWARE (UK) LIMITED Financials
- Company number
- 04384547CopyCopy
- Registered office
- Shortcuts Software (Uk) Ltd Manchester Business Park, 3000 Aviator Way, Manchester M22 5TG
- Incorporated
- 28/02/2002
Company snapshot
- Status
- Active
- Employees
- 25 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
25.24%vs 20222022: £2.07M
Total Assets
25.95%vs 20222022: £2.55M
Cash in Bank
20.07%vs 20222022: £88.54K
Total Liabilities
30.96%vs 20222022: £477.83K
Employees
-4vs 20222022: 29
In 2023, SHORTCUTS SOFTWARE (UK) LIMITED reported net assets of £2.59M. The same filing shows total assets of £3.22M, cash in bank of £106.30K and total liabilities of £625.78K. Reported headcount was 25 in 2023. Total Assets rose from £2.55M in 2022 to £3.22M in 2023 (25.95%). 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
25.24%from £2.07M 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 SHORTCUTS SOFTWARE (UK) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+29%vs 2021+13.6% a year compound (CAGR)
Cash in Bank
+3.2%vs 2021+1.6% a year compound (CAGR)
Total Assets
+30.6%vs 2021+14.3% a year compound (CAGR)
Total Liabilities
+41%vs 2021+18.7% a year compound (CAGR)
Employees
-19.4%vs 2021-6Biggest increase
Total Liabilities+41%
£443.87K in 2021 to £625.78K in 2023
Biggest decrease
Employees-19.4%
31 in 2021 to 25 in 2023
SHORTCUTS SOFTWARE (UK) LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SHORTCUTS SOFTWARE (UK) 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
- 80.54%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
- 19.45%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
- 16.99%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
- 3.30%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 SHORTCUTS SOFTWARE (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.01M | 2.07M | 2.59M |
| Total Assets£ | 2.46M | 2.55M | 3.22M |
| Cash in Bank£ | 103.01K | 88.54K | 106.30K |
| Total Liabilities£ | 443.87K | 477.83K | 625.78K |
| Employees | 31 | 29 | 25 |
SHORTCUTS SOFTWARE (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SHORTCUTS SOFTWARE (UK) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SHORTCUTS SOFTWARE (UK) LIMITED reported net assets of £2.59M for 2023. That compares with £2.07M in 2022, a change of 25.24%.
SHORTCUTS SOFTWARE (UK) LIMITED reported total assets of £3.22M for 2023. That compares with £2.55M in 2022, a change of 25.95%.
SHORTCUTS SOFTWARE (UK) LIMITED reported cash in bank of £106.30K for 2023. That compares with £88.54K in 2022, a change of 20.07%.
SHORTCUTS SOFTWARE (UK) LIMITED reported 25 employees in 2023, compared with 29 in 2022.
Between 2021 and 2023, SHORTCUTS SOFTWARE (UK) LIMITED's net assets rose by 29%, cash in bank rose by 3.2%, total assets rose by 30.6% and total liabilities rose by 41%. Net assets compounded at 13.6% a year across the two years to 2023, from £2.01M to £2.59M. Reported headcount went from 31 in 2021 to 25 in 2023 (-6).
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.