SIGNATURE MEDICAL LIMITED Financials
- Company number
- SC607129CopyCopy
- Registered office
- C/O Lindsays, 100 Queen Street, Glasgow G1 3DN
- Incorporated
- 03/09/2018
Company snapshot
- Status
- Active
- Employees
- 111 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-103.87%vs 20232023: £988.55K
Total Assets
-10.78%vs 20232023: £9.35M
Cash in Bank
-46.51%vs 20232023: £1.54M
Total Liabilities
15.55%vs 20232023: £7.25M
Employees
+25vs 20232023: 86
In 2024, SIGNATURE MEDICAL LIMITED reported net assets of £-38.26K. The same filing shows total assets of £8.34M, cash in bank of £822.47K and total liabilities of £8.38M. Reported headcount was 111 in 2024. Total Liabilities rose from £7.25M in 2023 to £8.38M in 2024 (15.55%). 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
-103.87%from £988.55K in 2023Year-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 SIGNATURE MEDICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-103%vs 2022Cash in Bank
+77.2%vs 2022+33.1% a year compound (CAGR)
Total Assets
+19.3%vs 2022+9.2% a year compound (CAGR)
Total Liabilities
+67.6%vs 2022+29.5% a year compound (CAGR)
Employees
+113%vs 2022+59Biggest increase
Employees+113%
52 in 2022 to 111 in 2024
Biggest decrease
Net Assets-103%
£1.40M in 2022 to £-38.26K in 2024
SIGNATURE MEDICAL 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 SIGNATURE MEDICAL 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
- -0.46%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
- 100.46%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
- 9.82%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
- 9.86%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £147.99K2024
- 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 SIGNATURE MEDICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 183.64K | 1.40M | 988.55K | -38.26K |
| Total Assets£ | 1.88M | 6.99M | 9.35M | 8.34M |
| Cash in Bank£ | – | 464.18K | 1.54M | 822.47K |
| Total Liabilities£ | 1.68M | 5.00M | 7.25M | 8.38M |
| Employees | 21 | 52 | 86 | 111 |
SIGNATURE MEDICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIGNATURE MEDICAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SIGNATURE MEDICAL LIMITED reported net assets of £-38.26K for 2024. That compares with £988.55K in 2023, a change of -103.87%.
SIGNATURE MEDICAL LIMITED reported total assets of £8.34M for 2024. That compares with £9.35M in 2023, a change of -10.78%.
SIGNATURE MEDICAL LIMITED reported cash in bank of £822.47K for 2024. That compares with £1.54M in 2023, a change of -46.51%.
SIGNATURE MEDICAL LIMITED reported 111 employees in 2024, compared with 86 in 2023.
Between 2022 and 2024, SIGNATURE MEDICAL LIMITED's net assets fell by 103%, cash in bank rose by 77.2%, total assets rose by 19.3% and total liabilities rose by 67.6%. Cash in bank compounded at 33.1% a year across the two years to 2024, from £464.18K to £822.47K. Reported headcount went from 52 in 2022 to 111 in 2024 (+59).
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.