SNAP FINANCE LIMITED Financials
- Company number
- 08080202Copy
Copy
- 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
2023: £326.83K
Total Assets
2023: £24.87M
Cash in Bank
2023: £1.98M
Total Liabilities
2023: £24.45M
Employees
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
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
Cash in Bank
+47.3% a year compound (CAGR)
Total Assets
+44.8% a year compound (CAGR)
Total Liabilities
+79.7% a year compound (CAGR)
Employees
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
- Liabilities to total assets
- 117.55%2024
- Cash to liabilities
- 5.30%2024
- Cash to total assets
- 6.23%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -14.06M | 4.45M | 326.83K | -7.27M |
| Total Assets£ | 15.90M | 19.34M | 24.87M | 40.57M |
| Cash in Bank£ | 1.26M | 1.16M | 1.98M | 2.53M |
| Total Liabilities£ | 29.79M | 14.76M | 24.45M | 47.69M |
| Employees | 86 | 100 | 90 | 80 |
SNAP FINANCE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SNAP FINANCE LIMITED filed financial statements?
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?
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?
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?
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?
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?
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?
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.