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SIMPLYSNAP LIMITED Financials

Company number
04243709Copy
Copy
Registered office
Unit 5 Wellbrook Farm, Berkeley Road, Mayfield, East Sussex TN20 6EH
Incorporated
29/06/2001

Company snapshot

Status
Active
Employees
16 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£1.15M2024
-26.23%vs 2023

2023: £1.55M

Total Assets

£1.88M2024
-32.72%vs 2023

2023: £2.80M

Cash in Bank

£531.66K2024
1.53K%vs 2023

2023: £32.60K

Total Liabilities

£736.77K2024
-40.81%vs 2023

2023: £1.24M

Employees

162024
-5vs 2023

2023: 21

In 2024, SIMPLYSNAP LIMITED reported net assets of £1.15M. The same filing shows total assets of £1.88M, cash in bank of £531.66K and total liabilities of £736.77K. Reported headcount was 16 in 2024. Total Assets fell from £2.80M in 2023 to £1.88M in 2024 (-32.72%). 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

£1.15M2024
-26.23%from £1.55M 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 SIMPLYSNAP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.68M2022£1.15M2024
-31.6%vs 2022

-17.3% a year compound (CAGR)

Cash in Bank

£12.88K2022£531.66K2024
+4027%vs 2022

+542% a year compound (CAGR)

Total Assets

£2.80M2022£1.88M2024
-32.8%vs 2022

-18% a year compound (CAGR)

Total Liabilities

£1.13M2022£736.77K2024
-34.5%vs 2022

-19.1% a year compound (CAGR)

Employees

252022162024
-36%vs 2022-9

Biggest increase

Cash in Bank+4027%

£12.88K in 2022 to £531.66K in 2024

Biggest decrease

Employees-36%

25 in 2022 to 16 in 2024

SIMPLYSNAP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 SIMPLYSNAP 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
60.87%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
39.13%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
72.16%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
28.24%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 SIMPLYSNAP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.55M1.68M1.55M1.15M
Total Assets£2.56M2.80M2.80M1.88M
Cash in Bank£94.81K12.88K32.60K531.66K
Total Liabilities£1.02M1.13M1.24M736.77K
Employees24252116

SIMPLYSNAP LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

SIMPLYSNAP LIMITED reported net assets of £1.15M for 2024. That compares with £1.55M in 2023, a change of -26.23%.

SIMPLYSNAP LIMITED reported total assets of £1.88M for 2024. That compares with £2.80M in 2023, a change of -32.72%.

SIMPLYSNAP LIMITED reported cash in bank of £531.66K for 2024. That compares with £32.60K in 2023, a change of 1.53K%.

SIMPLYSNAP LIMITED reported 16 employees in 2024, compared with 21 in 2023.

Between 2022 and 2024, SIMPLYSNAP LIMITED's net assets fell by 31.6%, cash in bank rose by 4027%, total assets fell by 32.8% and total liabilities fell by 34.5%. Net assets contracted at 17.3% a year across the two years to 2024, from £1.68M to £1.15M. Reported headcount went from 25 in 2022 to 16 in 2024 (-9).

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.