SOCIAL PLUS EUROPE LTD Financials
- Company number
- 11359315CopyCopy
- Registered office
- 168 Shoreditch High Street, London E1 6RA
- Incorporated
- 14/05/2018
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-37.53%vs 20222022: £-7.20M
Total Assets
13.55%vs 20222022: £1.84M
Cash in Bank
137.75%vs 20222022: £24.33K
Total Liabilities
32.65%vs 20222022: £9.04M
Employees
-1vs 20222022: 7
In 2023, SOCIAL PLUS EUROPE LTD reported net assets of £-9.90M. The same filing shows total assets of £2.09M, cash in bank of £57.84K and total liabilities of £11.99M. Reported headcount was 6 in 2023. Total Liabilities rose from £9.04M in 2022 to £11.99M in 2023 (32.65%). 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
-37.53%from £-7.20M 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 SOCIAL PLUS EUROPE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-13.8%vs 2021-7.2% a year compound (CAGR)
Total Assets
+22.1%vs 2021+10.5% a year compound (CAGR)
Total Liabilities
+81.4%vs 2021+34.7% a year compound (CAGR)
Employees
-14.3%vs 2021-1Biggest increase
Total Liabilities+81.4%
£6.61M in 2021 to £11.99M in 2023
Biggest decrease
Employees-14.3%
7 in 2021 to 6 in 2023
SOCIAL PLUS EUROPE 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOCIAL PLUS EUROPE 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
- -473.05%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
- 572.94%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
- 0.48%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
- 2.76%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 SOCIAL PLUS EUROPE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -4.91M | -7.20M | -9.90M |
| Total Assets£ | 1.71M | 1.84M | 2.09M |
| Cash in Bank£ | 67.12K | 24.33K | 57.84K |
| Total Liabilities£ | 6.61M | 9.04M | 11.99M |
| Employees | 7 | 7 | 6 |
SOCIAL PLUS EUROPE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOCIAL PLUS EUROPE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SOCIAL PLUS EUROPE LTD reported net assets of £-9.90M for 2023. That compares with £-7.20M in 2022, a change of -37.53%.
SOCIAL PLUS EUROPE LTD reported total assets of £2.09M for 2023. That compares with £1.84M in 2022, a change of 13.55%.
SOCIAL PLUS EUROPE LTD reported cash in bank of £57.84K for 2023. That compares with £24.33K in 2022, a change of 137.75%.
SOCIAL PLUS EUROPE LTD reported 6 employees in 2023, compared with 7 in 2022.
Between 2021 and 2023, SOCIAL PLUS EUROPE LTD's cash in bank fell by 13.8%, total assets rose by 22.1%, total liabilities rose by 81.4% and employee numbers fell by 14.3%. Cash in bank contracted at 7.2% a year across the two years to 2023, from £67.12K to £57.84K. Reported headcount went from 7 in 2021 to 6 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.