SOLUTION PERFORMANCE GROUP LTD Financials
- Company number
- 10095655CopyCopy
- Registered office
- Suite 15 Pilgrim Street, Newcastle Upon Tyne NE1 2DS
- Incorporated
- 31/03/2016
Company snapshot
- Status
- Active
- Employees
- 22 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-22.43%vs 20232023: £517.76K
Total Assets
-2.74%vs 20232023: £1.58M
Cash in Bank
-73.08%vs 20232023: £88.56K
Total Liabilities
8.86%vs 20232023: £995.63K
Employees
-7vs 20232023: 29
In 2024, SOLUTION PERFORMANCE GROUP LTD reported net assets of £401.64K. The same filing shows total assets of £1.53M, cash in bank of £23.84K and total liabilities of £1.08M. Reported headcount was 22 in 2024. Net Assets fell from £517.76K in 2023 to £401.64K in 2024 (-22.43%). 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
-22.43%from £517.76K in 2023Year-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 SOLUTION PERFORMANCE GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-42%vs 2022-23.8% a year compound (CAGR)
Cash in Bank
-89.8%vs 2022-68.1% a year compound (CAGR)
Total Assets
-9.9%vs 2022-5.1% a year compound (CAGR)
Total Liabilities
+13.5%vs 2022+6.5% a year compound (CAGR)
Employees
+15.8%vs 2022+3Biggest increase
Employees+15.8%
19 in 2022 to 22 in 2024
Biggest decrease
Cash in Bank-89.8%
£234.16K in 2022 to £23.84K in 2024
SOLUTION PERFORMANCE GROUP LTD'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOLUTION PERFORMANCE GROUP 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
- 26.21%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
- 70.73%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
- 2.20%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
- 1.56%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 SOLUTION PERFORMANCE GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 413.61K | 692.49K | 517.76K | 401.64K |
| Total Assets£ | 1.72M | 1.70M | 1.58M | 1.53M |
| Cash in Bank£ | 348.09K | 234.16K | 88.56K | 23.84K |
| Total Liabilities£ | 1.29M | 955.13K | 995.63K | 1.08M |
| Employees | 4 | 19 | 29 | 22 |
SOLUTION PERFORMANCE GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOLUTION PERFORMANCE GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SOLUTION PERFORMANCE GROUP LTD reported net assets of £401.64K for 2024. That compares with £517.76K in 2023, a change of -22.43%.
SOLUTION PERFORMANCE GROUP LTD reported total assets of £1.53M for 2024. That compares with £1.58M in 2023, a change of -2.74%.
SOLUTION PERFORMANCE GROUP LTD reported cash in bank of £23.84K for 2024. That compares with £88.56K in 2023, a change of -73.08%.
SOLUTION PERFORMANCE GROUP LTD reported 22 employees in 2024, compared with 29 in 2023.
Between 2022 and 2024, SOLUTION PERFORMANCE GROUP LTD's net assets fell by 42%, cash in bank fell by 89.8%, total assets fell by 9.9% and total liabilities rose by 13.5%. Net assets contracted at 23.8% a year across the two years to 2024, from £692.49K to £401.64K. Reported headcount went from 19 in 2022 to 22 in 2024 (+3).
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.