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SNAP FINANCE LIMITED Financials

Company number
08080202Copy
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Registered office
1 Vincent Avenue, Crownhill, Milton Keynes MK8 0AB
Incorporated
23/05/2012

Company snapshot

Status
Active
Employees
80 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£-7.27M2024
-2.32K%vs 2023

2023: £326.83K

Total Assets

£40.57M2024
63.14%vs 2023

2023: £24.87M

Cash in Bank

£2.53M2024
27.77%vs 2023

2023: £1.98M

Total Liabilities

£47.69M2024
95.03%vs 2023

2023: £24.45M

Employees

802024
-10vs 2023

2023: 90

In 2024, SNAP FINANCE LIMITED reported net assets of £-7.27M. The same filing shows total assets of £40.57M, cash in bank of £2.53M and total liabilities of £47.69M. Reported headcount was 80 in 2024. Total Liabilities rose from £24.45M in 2023 to £47.69M in 2024 (95.03%). 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

£-7.27M2024
-2.32K%from £326.83K 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 SNAP FINANCE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£4.45M2022£-7.27M2024
-263%vs 2022

Cash in Bank

£1.16M2022£2.53M2024
+117%vs 2022

+47.3% a year compound (CAGR)

Total Assets

£19.34M2022£40.57M2024
+110%vs 2022

+44.8% a year compound (CAGR)

Total Liabilities

£14.76M2022£47.69M2024
+223%vs 2022

+79.7% a year compound (CAGR)

Employees

1002022802024
-20%vs 2022-20

Biggest increase

Total Liabilities+223%

£14.76M in 2022 to £47.69M in 2024

Biggest decrease

Net Assets-263%

£4.45M in 2022 to £-7.27M in 2024

SNAP FINANCE LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SNAP FINANCE 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
-17.92%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
117.55%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
5.30%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
6.23%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 SNAP FINANCE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-14.06M4.45M326.83K-7.27M
Total Assets£15.90M19.34M24.87M40.57M
Cash in Bank£1.26M1.16M1.98M2.53M
Total Liabilities£29.79M14.76M24.45M47.69M
Employees861009080

SNAP FINANCE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SNAP FINANCE LIMITED filed financial statements?

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

What net assets did SNAP FINANCE LIMITED report in 2024?

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SNAP FINANCE LIMITED reported net assets of £-7.27M for 2024. That compares with £326.83K in 2023, a change of -2.32K%.

What total assets did SNAP FINANCE LIMITED report in 2024?

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SNAP FINANCE LIMITED reported total assets of £40.57M for 2024. That compares with £24.87M in 2023, a change of 63.14%.

What cash in bank did SNAP FINANCE LIMITED report in 2024?

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SNAP FINANCE LIMITED reported cash in bank of £2.53M for 2024. That compares with £1.98M in 2023, a change of 27.77%.

How many people does SNAP FINANCE LIMITED employ?

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SNAP FINANCE LIMITED reported 80 employees in 2024, compared with 90 in 2023.

How have SNAP FINANCE LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, SNAP FINANCE LIMITED's net assets fell by 263%, cash in bank rose by 117%, total assets rose by 110% and total liabilities rose by 223%. Cash in bank compounded at 47.3% a year across the two years to 2024, from £1.16M to £2.53M. Reported headcount went from 100 in 2022 to 80 in 2024 (-20).

Which years of SNAP FINANCE LIMITED financial data are available?

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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.