SORCH LTD Financials
- Company number
- 12756859CopyCopy
- Registered office
- 16 Leighswood Road, Aldridge, Walsall WS9 8AA
- Incorporated
- 20/07/2020
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-25.01%vs 20232023: £207.50K
Total Assets
-9.26%vs 20232023: £97.11K
Total Liabilities
38.87%vs 20232023: £-110.38K
Employees
0vs 20232023: 10
In 2024, SORCH LTD reported net assets of £155.60K. The same filing shows total assets of £88.12K and total liabilities of £-67.48K. Reported headcount was 10 in 2024. Net Assets fell from £207.50K in 2023 to £155.60K in 2024 (-25.01%). 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
-25.01%from £207.50K 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 SORCH LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+67.7%vs 2022+29.5% a year compound (CAGR)
Total Assets
-75.7%vs 2022-50.7% a year compound (CAGR)
Total Liabilities
-125%vs 2022Employees
0%vs 2022Biggest increase
Net Assets+67.7%
£92.80K in 2022 to £155.60K in 2024
Biggest decrease
Total Liabilities-125%
£269.45K in 2022 to £-67.48K in 2024
SORCH LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SORCH 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
- 176.57%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
- -76.57%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SORCH 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£ | 50.88K | 92.80K | 207.50K | 155.60K |
| Total Assets£ | 89.25K | 362.25K | 97.11K | 88.12K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 38.37K | 269.45K | -110.38K | -67.48K |
| Employees | 1 | 10 | 10 | 10 |
SORCH LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SORCH LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
SORCH LTD reported net assets of £155.60K for 2024. That compares with £207.50K in 2023, a change of -25.01%.
SORCH LTD reported total assets of £88.12K for 2024. That compares with £97.11K in 2023, a change of -9.26%.
SORCH LTD reported total liabilities of £-67.48K for 2024. That compares with £-110.38K in 2023, a change of 38.87%.
SORCH LTD reported 10 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, SORCH LTD's net assets rose by 67.7%, total assets fell by 75.7%, total liabilities fell by 125% and employee numbers was unchanged. Net assets compounded at 29.5% a year across the two years to 2024, from £92.80K to £155.60K. Reported headcount went from 10 in 2022 to 10 in 2024.
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.