SOAPWORKS LIMITED Financials
- Company number
- SC388292CopyCopy
- Registered office
- Soapworks Ltd Units 3-11 Block 8, Coltness Street, Glasgow G33 4JD
- Incorporated
- 05/11/2010
Company snapshot
- Status
- Active
- Employees
- 103 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
4.23%vs 20222022: £-460.20K
Total Assets
-0.16%vs 20222022: £6.97M
Cash in Bank
18.56%vs 20222022: £188.77K
Total Liabilities
-0.41%vs 20222022: £7.43M
Employees
+6vs 20222022: 97
In 2023, SOAPWORKS LIMITED reported net assets of £-440.71K. The same filing shows total assets of £6.95M, cash in bank of £223.81K and total liabilities of £7.39M. Reported headcount was 103 in 2023. Cash in Bank rose from £188.77K in 2022 to £223.81K in 2023 (18.56%). 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
4.23%from £-460.20K 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 SOAPWORKS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-837%vs 2021Cash in Bank
+64.2%vs 2021+28.1% a year compound (CAGR)
Total Assets
+21%vs 2021+10% a year compound (CAGR)
Total Liabilities
+30%vs 2021+14% a year compound (CAGR)
Employees
+3%vs 2021+3Biggest increase
Cash in Bank+64.2%
£136.31K in 2021 to £223.81K in 2023
Biggest decrease
Net Assets-837%
£59.77K in 2021 to £-440.71K in 2023
SOAPWORKS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 SOAPWORKS 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
- -6.34%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
- 106.34%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
- 3.03%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
- 3.22%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £111.94K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOAPWORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 59.77K | -460.20K | -440.71K |
| Total Assets£ | 5.75M | 6.97M | 6.95M |
| Cash in Bank£ | 136.31K | 188.77K | 223.81K |
| Total Liabilities£ | 5.69M | 7.43M | 7.39M |
| Employees | 100 | 97 | 103 |
SOAPWORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOAPWORKS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SOAPWORKS LIMITED reported net assets of £-440.71K for 2023. That compares with £-460.20K in 2022, a change of 4.23%.
SOAPWORKS LIMITED reported total assets of £6.95M for 2023. That compares with £6.97M in 2022, a change of -0.16%.
SOAPWORKS LIMITED reported cash in bank of £223.81K for 2023. That compares with £188.77K in 2022, a change of 18.56%.
SOAPWORKS LIMITED reported 103 employees in 2023, compared with 97 in 2022.
Between 2021 and 2023, SOAPWORKS LIMITED's net assets fell by 837%, cash in bank rose by 64.2%, total assets rose by 21% and total liabilities rose by 30%. Cash in bank compounded at 28.1% a year across the two years to 2023, from £136.31K to £223.81K. Reported headcount went from 100 in 2021 to 103 in 2023 (+3).
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.