SOURCED GROUP CLOUD SERVICES LIMITED Financials
- Company number
- 08464231CopyCopy
- Registered office
- 3rd Floor Chiswick Park Building 4, 566 Chiswick High Road, London W4 5YE
- Incorporated
- 27/03/2013
Company snapshot
- Status
- Active
- Employees
- 79 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
468.51%vs 20222022: £406.17K
Total Assets
111.67%vs 20222022: £2.19M
Cash in Bank
-99.44%vs 20222022: £368.94K
Total Liabilities
24.85%vs 20222022: £1.72M
Employees
+6vs 20222022: 73
In 2023, SOURCED GROUP CLOUD SERVICES LIMITED reported net assets of £2.31M. The same filing shows total assets of £4.63M, cash in bank of £2.07K and total liabilities of £2.15M. Reported headcount was 79 in 2023. Total Assets rose from £2.19M in 2022 to £4.63M in 2023 (111.67%). 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
468.51%from £406.17K 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 SOURCED GROUP CLOUD SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+4960%vs 2021+611% a year compound (CAGR)
Cash in Bank
-99.8%vs 2021-96% a year compound (CAGR)
Total Assets
+69%vs 2021+30% a year compound (CAGR)
Total Liabilities
-18.3%vs 2021-9.6% a year compound (CAGR)
Employees
+12.9%vs 2021+9Biggest increase
Net Assets+4960%
£45.64K in 2021 to £2.31M in 2023
Biggest decrease
Cash in Bank-99.8%
£1.31M in 2021 to £2.07K in 2023
SOURCED GROUP CLOUD SERVICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 SOURCED GROUP CLOUD SERVICES 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
- 49.91%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
- 46.43%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
- 0.10%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
- 0.04%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 SOURCED GROUP CLOUD SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 45.64K | 406.17K | 2.31M |
| Total Assets£ | 2.74M | 2.19M | 4.63M |
| Cash in Bank£ | 1.31M | 368.94K | 2.07K |
| Total Liabilities£ | 2.63M | 1.72M | 2.15M |
| Employees | 70 | 73 | 79 |
SOURCED GROUP CLOUD SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOURCED GROUP CLOUD SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SOURCED GROUP CLOUD SERVICES LIMITED reported net assets of £2.31M for 2023. That compares with £406.17K in 2022, a change of 468.51%.
SOURCED GROUP CLOUD SERVICES LIMITED reported total assets of £4.63M for 2023. That compares with £2.19M in 2022, a change of 111.67%.
SOURCED GROUP CLOUD SERVICES LIMITED reported cash in bank of £2.07K for 2023. That compares with £368.94K in 2022, a change of -99.44%.
SOURCED GROUP CLOUD SERVICES LIMITED reported 79 employees in 2023, compared with 73 in 2022.
Between 2021 and 2023, SOURCED GROUP CLOUD SERVICES LIMITED's net assets rose by 4960%, cash in bank fell by 99.8%, total assets rose by 69% and total liabilities fell by 18.3%. Net assets compounded at 611% a year across the two years to 2023, from £45.64K to £2.31M. Reported headcount went from 70 in 2021 to 79 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.