SOUTHWEST SANDWICH COMPANY LTD Financials
- Company number
- 02998763CopyCopy
- Registered office
- 11 Yeo Business Park Axehayes Farm, Clyst St. Mary, Exeter EX5 1DP
- Incorporated
- 06/12/1994
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-358.11%vs 20232023: £105.43K
Total Assets
1.60K%vs 20232023: £24.14K
Cash in Bank
-58.34%vs 20232023: £74.42K
Employees
+11vs 20232023: 12
In 2024, SOUTHWEST SANDWICH COMPANY LTD reported net assets of £-272.11K. The same filing shows total assets of £410.88K and cash in bank of £31.00K. Reported headcount was 23 in 2024. Total Assets rose from £24.14K in 2023 to £410.88K in 2024 (1.60K%). 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
-358.11%from £105.43K 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 SOUTHWEST SANDWICH COMPANY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-343%vs 2022Cash in Bank
-61.9%vs 2022-38.3% a year compound (CAGR)
Total Assets
+1311%vs 2022+276% a year compound (CAGR)
Employees
+64.3%vs 2022+9Biggest increase
Total Assets+1311%
£29.13K in 2022 to £410.88K in 2024
Biggest decrease
Net Assets-343%
£111.79K in 2022 to £-272.11K in 2024
SOUTHWEST SANDWICH COMPANY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 SOUTHWEST SANDWICH COMPANY 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
- -66.23%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.
- Cash to total assets
- 7.54%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 SOUTHWEST SANDWICH COMPANY 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£ | 93.13K | 111.79K | 105.43K | -272.11K |
| Total Assets£ | 36.16K | 29.13K | 24.14K | 410.88K |
| Cash in Bank£ | 96.50K | 81.36K | 74.42K | 31.00K |
| Total Liabilities£ | – | – | – | – |
| Employees | 14 | 14 | 12 | 23 |
SOUTHWEST SANDWICH COMPANY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOUTHWEST SANDWICH COMPANY LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
SOUTHWEST SANDWICH COMPANY LTD reported net assets of £-272.11K for 2024. That compares with £105.43K in 2023, a change of -358.11%.
SOUTHWEST SANDWICH COMPANY LTD reported total assets of £410.88K for 2024. That compares with £24.14K in 2023, a change of 1.60K%.
SOUTHWEST SANDWICH COMPANY LTD reported cash in bank of £31.00K for 2024. That compares with £74.42K in 2023, a change of -58.34%.
SOUTHWEST SANDWICH COMPANY LTD reported 23 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, SOUTHWEST SANDWICH COMPANY LTD's net assets fell by 343%, cash in bank fell by 61.9%, total assets rose by 1311% and employee numbers rose by 64.3%. Cash in bank contracted at 38.3% a year across the two years to 2024, from £81.36K to £31.00K. Reported headcount went from 14 in 2022 to 23 in 2024 (+9).
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.