SIPS VENTURE GROUP LTD Financials
- Company number
- 12374701CopyCopy
- Registered office
- 11 Collins Building Wilkinson Close, London NW2 6GQ
- Incorporated
- 23/12/2019
Company snapshot
- Status
- Active
- Employees
- 7 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
91.25%vs 20222022: £-2.07K
Total Assets
25.78%vs 20222022: £129.99K
Total Liabilities
23.23%vs 20222022: £69.71K
Employees
0vs 20222022: 7
In 2023, SIPS VENTURE GROUP LTD reported net assets of £-181.00. The same filing shows total assets of £163.51K and total liabilities of £85.91K. Reported headcount was 7 in 2023. Total Assets rose from £129.99K in 2022 to £163.51K in 2023 (25.78%). 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
91.25%from £-2.07K 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 SIPS VENTURE GROUP LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-102%vs 2021Total Assets
+163%vs 2021+62.3% a year compound (CAGR)
Total Liabilities
+170%vs 2021+64.3% a year compound (CAGR)
Employees
+16.7%vs 2021+1Biggest increase
Total Liabilities+170%
£31.82K in 2021 to £85.91K in 2023
Biggest decrease
Net Assets-102%
£9.25K in 2021 to £-181.00 in 2023
SIPS VENTURE GROUP LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIPS VENTURE GROUP 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
- -0.11%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
- 52.54%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SIPS VENTURE GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 9.25K | -2.07K | -181.00 |
| Total Assets£ | 62.06K | 129.99K | 163.51K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 31.82K | 69.71K | 85.91K |
| Employees | 6 | 7 | 7 |
SIPS VENTURE GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIPS VENTURE GROUP LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
SIPS VENTURE GROUP LTD reported net assets of £-181.00 for 2023. That compares with £-2.07K in 2022, a change of 91.25%.
SIPS VENTURE GROUP LTD reported total assets of £163.51K for 2023. That compares with £129.99K in 2022, a change of 25.78%.
SIPS VENTURE GROUP LTD reported total liabilities of £85.91K for 2023. That compares with £69.71K in 2022, a change of 23.23%.
SIPS VENTURE GROUP LTD reported 7 employees in 2023, compared with 7 in 2022.
Between 2021 and 2023, SIPS VENTURE GROUP LTD's net assets fell by 102%, total assets rose by 163%, total liabilities rose by 170% and employee numbers rose by 16.7%. Total assets compounded at 62.3% a year across the two years to 2023, from £62.06K to £163.51K. Reported headcount went from 6 in 2021 to 7 in 2023 (+1).
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.