SMART OFFICES LIMITED Financials
- Company number
- 05709693CopyCopy
- Registered office
- Thurston Park Church Road, Thurston, Bury St. Edmunds, Suffolk IP31 3RN
- Incorporated
- 15/02/2006
Company snapshot
- Status
- Active
- Employees
- 61 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
56.42%vs 20222022: £893.45K
Total Assets
18.17%vs 20222022: £6.24M
Cash in Bank
Decreasedvs 20212021: £147.01K
Total Liabilities
14.66%vs 20222022: £3.82M
Employees
0vs 20222022: 61
In 2023, SMART OFFICES LIMITED reported net assets of £1.40M. The same filing shows total assets of £7.38M, cash in bank of £32.61K and total liabilities of £4.38M. Reported headcount was 61 in 2023. Total Assets rose from £6.24M in 2022 to £7.38M in 2023 (18.17%). 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
56.42%from £893.45K 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 SMART OFFICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+98.8%vs 2021+41% a year compound (CAGR)
Cash in Bank
-77.8%vs 2021-52.9% a year compound (CAGR)
Filed for 2021 and 2023 only
Total Assets
+26%vs 2021+12.2% a year compound (CAGR)
Total Liabilities
+21.2%vs 2021+10.1% a year compound (CAGR)
Employees
+1.7%vs 2021+1Biggest increase
Net Assets+98.8%
£702.82K in 2021 to £1.40M in 2023
Biggest decrease
Cash in Bank-77.8%
£147.01K in 2021 to £32.61K in 2023
SMART OFFICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 SMART OFFICES 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
- 18.94%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
- 59.33%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
- 0.75%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
- 0.44%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 SMART OFFICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 702.82K | 893.45K | 1.40M |
| Total Assets£ | 5.86M | 6.24M | 7.38M |
| Cash in Bank£ | 147.01K | – | 32.61K |
| Total Liabilities£ | 3.61M | 3.82M | 4.38M |
| Employees | 60 | 61 | 61 |
SMART OFFICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SMART OFFICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SMART OFFICES LIMITED reported net assets of £1.40M for 2023. That compares with £893.45K in 2022, a change of 56.42%.
SMART OFFICES LIMITED reported total assets of £7.38M for 2023. That compares with £6.24M in 2022, a change of 18.17%.
SMART OFFICES LIMITED reported cash in bank of £32.61K for 2023. That compares with £147.01K in 2021.
SMART OFFICES LIMITED reported 61 employees in 2023, compared with 61 in 2022.
Between 2021 and 2023, SMART OFFICES LIMITED's net assets rose by 98.8%, cash in bank fell by 77.8%, total assets rose by 26% and total liabilities rose by 21.2%. Net assets compounded at 41% a year across the two years to 2023, from £702.82K to £1.40M. Reported headcount went from 60 in 2021 to 61 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.