SOCIETY MATTERS COMMUNITY INTEREST COMPANY Financials
- Company number
- 07969715CopyCopy
- Registered office
- The Davidson Building, Swan Street, Gateshead, Tyne & Wear NE8 1BG
- Incorporated
- 29/02/2012
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
114.57%vs 20222022: £26.08K
Total Assets
96.38%vs 20222022: £47.65K
Cash in Bank
58.41%vs 20222022: £42.34K
Total Liabilities
74.38%vs 20222022: £21.57K
Employees
+9vs 20222022: 3
In 2023, SOCIETY MATTERS COMMUNITY INTEREST COMPANY reported net assets of £55.96K. The same filing shows total assets of £93.57K, cash in bank of £67.07K and total liabilities of £37.61K. Reported headcount was 12 in 2023. Total Assets rose from £47.65K in 2022 to £93.57K in 2023 (96.38%). 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
114.57%from £26.08K 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 SOCIETY MATTERS COMMUNITY INTEREST COMPANY filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+636%vs 2021+171% a year compound (CAGR)
Cash in Bank
+479%vs 2021+141% a year compound (CAGR)
Total Assets
+513%vs 2021+148% a year compound (CAGR)
Total Liabilities
+390%vs 2021+121% a year compound (CAGR)
Employees
+300%vs 2021+9Biggest increase
Net Assets+636%
£7.60K in 2021 to £55.96K in 2023
Every indicator Okredo holds for SOCIETY MATTERS COMMUNITY INTEREST COMPANY rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOCIETY MATTERS COMMUNITY INTEREST COMPANY'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
- 59.81%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
- 40.19%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
- 178.33%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
- 71.68%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £15.57K2023
- 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 SOCIETY MATTERS COMMUNITY INTEREST COMPANY by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 7.60K | 26.08K | 55.96K |
| Total Assets£ | 15.27K | 47.65K | 93.57K |
| Cash in Bank£ | 11.59K | 42.34K | 67.07K |
| Total Liabilities£ | 7.67K | 21.57K | 37.61K |
| Employees | 3 | 3 | 12 |
SOCIETY MATTERS COMMUNITY INTEREST COMPANY financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOCIETY MATTERS COMMUNITY INTEREST COMPANY covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SOCIETY MATTERS COMMUNITY INTEREST COMPANY reported net assets of £55.96K for 2023. That compares with £26.08K in 2022, a change of 114.57%.
SOCIETY MATTERS COMMUNITY INTEREST COMPANY reported total assets of £93.57K for 2023. That compares with £47.65K in 2022, a change of 96.38%.
SOCIETY MATTERS COMMUNITY INTEREST COMPANY reported cash in bank of £67.07K for 2023. That compares with £42.34K in 2022, a change of 58.41%.
SOCIETY MATTERS COMMUNITY INTEREST COMPANY reported 12 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, SOCIETY MATTERS COMMUNITY INTEREST COMPANY's net assets rose by 636%, cash in bank rose by 479%, total assets rose by 513% and total liabilities rose by 390%. Net assets compounded at 171% a year across the two years to 2023, from £7.60K to £55.96K. Reported headcount went from 3 in 2021 to 12 in 2023 (+9).
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.