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SOHO COMMUNICATIONS LIMITED Financials

Company number
11100695Copy
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Registered office
36 Soho Square, London W1D 3QY
Incorporated
07/12/2017

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£31.17K2024
244.53%vs 2023

2023: £9.05K

Total Assets

£546.14K2024
-31.67%vs 2023

2023: £799.29K

Cash in Bank

£13.98K2024
-43.92%vs 2023

2023: £24.93K

Total Liabilities

£514.97K2024
-34.83%vs 2023

2023: £790.25K

Employees

62024
0vs 2023

2023: 6

In 2024, SOHO COMMUNICATIONS LIMITED reported net assets of £31.17K. The same filing shows total assets of £546.14K, cash in bank of £13.98K and total liabilities of £514.97K. Reported headcount was 6 in 2024. Total Liabilities fell from £790.25K in 2023 to £514.97K in 2024 (-34.83%). 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

£31.17K2024
244.53%from £9.05K 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 SOHO COMMUNICATIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£552.42K2022£31.17K2024
-94.4%vs 2022

-76.2% a year compound (CAGR)

Cash in Bank

£107.93K2022£13.98K2024
-87%vs 2022

-64% a year compound (CAGR)

Total Assets

£1.87M2022£546.14K2024
-70.9%vs 2022

-46% a year compound (CAGR)

Total Liabilities

£1.32M2022£514.97K2024
-61.1%vs 2022

-37.6% a year compound (CAGR)

Employees

4202262024
+50%vs 2022+2

Biggest increase

Employees+50%

4 in 2022 to 6 in 2024

Biggest decrease

Net Assets-94.4%

£552.42K in 2022 to £31.17K in 2024

SOHO COMMUNICATIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 SOHO COMMUNICATIONS 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
5.71%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
94.29%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
2.71%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
2.56%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 SOHO COMMUNICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£65.80K552.42K9.05K31.17K
Total Assets£1.18M1.87M799.29K546.14K
Cash in Bank£13.05K107.93K24.93K13.98K
Total Liabilities£1.12M1.32M790.25K514.97K
Employees4466

SOHO COMMUNICATIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SOHO COMMUNICATIONS LIMITED filed financial statements?

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

What net assets did SOHO COMMUNICATIONS LIMITED report in 2024?

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SOHO COMMUNICATIONS LIMITED reported net assets of £31.17K for 2024. That compares with £9.05K in 2023, a change of 244.53%.

What total assets did SOHO COMMUNICATIONS LIMITED report in 2024?

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SOHO COMMUNICATIONS LIMITED reported total assets of £546.14K for 2024. That compares with £799.29K in 2023, a change of -31.67%.

What cash in bank did SOHO COMMUNICATIONS LIMITED report in 2024?

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SOHO COMMUNICATIONS LIMITED reported cash in bank of £13.98K for 2024. That compares with £24.93K in 2023, a change of -43.92%.

How many people does SOHO COMMUNICATIONS LIMITED employ?

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SOHO COMMUNICATIONS LIMITED reported 6 employees in 2024, compared with 6 in 2023.

How have SOHO COMMUNICATIONS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, SOHO COMMUNICATIONS LIMITED's net assets fell by 94.4%, cash in bank fell by 87%, total assets fell by 70.9% and total liabilities fell by 61.1%. Net assets contracted at 76.2% a year across the two years to 2024, from £552.42K to £31.17K. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).

Which years of SOHO COMMUNICATIONS 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.