SILICON REEF LTD Financials
- Company number
- 10093340CopyCopy
- Registered office
- High Cedar, Nevill Park, Royal Tunbridge Wells, Kent TN4 8NN
- Incorporated
- 31/03/2016
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-38.98%vs 20232023: £-881.90K
Total Assets
33.14%vs 20232023: £795.79K
Cash in Bank
-99.93%vs 20232023: £52.69K
Total Liabilities
36.21%vs 20232023: £1.68M
Employees
+2vs 20232023: 22
In 2024, SILICON REEF LTD reported net assets of £-1.23M. The same filing shows total assets of £1.06M, cash in bank of £39.00 and total liabilities of £2.29M. Reported headcount was 24 in 2024. Total Liabilities rose from £1.68M in 2023 to £2.29M in 2024 (36.21%). 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
-38.98%from £-881.90K 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 SILICON REEF LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-100%vs 2022-97.8% a year compound (CAGR)
Total Assets
+58.8%vs 2022+26% a year compound (CAGR)
Total Liabilities
+96.8%vs 2022+40.3% a year compound (CAGR)
Employees
-7.7%vs 2022-2Biggest increase
Total Liabilities+96.8%
£1.16M in 2022 to £2.29M in 2024
Biggest decrease
Cash in Bank-100%
£82.47K in 2022 to £39.00 in 2024
SILICON REEF LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SILICON REEF 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
- -115.68%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
- 215.68%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SILICON REEF LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 26.76K | -494.11K | -881.90K | -1.23M |
| Total Assets£ | 469.51K | 667.06K | 795.79K | 1.06M |
| Cash in Bank£ | 163.80K | 82.47K | 52.69K | 39.00 |
| Total Liabilities£ | 428.54K | 1.16M | 1.68M | 2.29M |
| Employees | 26 | 26 | 22 | 24 |
SILICON REEF LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SILICON REEF LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SILICON REEF LTD reported net assets of £-1.23M for 2024. That compares with £-881.90K in 2023, a change of -38.98%.
SILICON REEF LTD reported total assets of £1.06M for 2024. That compares with £795.79K in 2023, a change of 33.14%.
SILICON REEF LTD reported cash in bank of £39.00 for 2024. That compares with £52.69K in 2023, a change of -99.93%.
SILICON REEF LTD reported 24 employees in 2024, compared with 22 in 2023.
Between 2022 and 2024, SILICON REEF LTD's cash in bank fell by 100%, total assets rose by 58.8%, total liabilities rose by 96.8% and employee numbers fell by 7.7%. Cash in bank contracted at 97.8% a year across the two years to 2024, from £82.47K to £39.00. Reported headcount went from 26 in 2022 to 24 in 2024 (-2).
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.