SPHERE PROJECTS LTD Financials
- Company number
- 07429652Copy
Copy - Registered office
- Unit 1 Ty Nant Court, Morganstown, Cardiff CF15 8LW
- Incorporated
- 04/11/2010
Company snapshot
- Status
- Active
- Employees
- 49 (2025)
- Latest financial data
- 2025
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
-1.51%vs 20242024: £371.05K
Total Assets
-0.40%vs 20242024: £371.46K
Cash in Bank
-32.50%vs 20242024: £73.05K
Total Liabilities
1.01K%vs 20242024: £408.00
Employees
+3vs 20242024: 46
In 2025, SPHERE PROJECTS LTD reported net assets of £365.45K. The same filing shows total assets of £369.98K, cash in bank of £49.31K and total liabilities of £4.53K. Reported headcount was 49 in 2025. Cash in Bank fell from £73.05K in 2024 to £49.31K in 2025 (-32.50%). Okredo holds filed figures for 2023–2025; 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
-1.51%from £371.05K in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SPHERE PROJECTS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-35.9%vs 2023-19.9% a year compound (CAGR)
Cash in Bank
-64.7%vs 2023-40.6% a year compound (CAGR)
Total Assets
-35.8%vs 2023-19.9% a year compound (CAGR)
Total Liabilities
-27.2%vs 2023-14.7% a year compound (CAGR)
Employees
+25.6%vs 2023+10Biggest increase
Employees+25.6%
39 in 2023 to 49 in 2025
Biggest decrease
Cash in Bank-64.7%
£139.88K in 2023 to £49.31K in 2025
SPHERE PROJECTS LTD's filings pull in both directions between 2023 and 2025. 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 SPHERE PROJECTS 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
- 98.78%2025
- Liabilities to total assets
- 1.22%2025
- Cash to liabilities
- 1,088.28%2025
- Cash to total assets
- 13.33%2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SPHERE PROJECTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 569.83K | 371.05K | 365.45K |
| Total Assets£ | 576.06K | 371.46K | 369.98K |
| Cash in Bank£ | 139.88K | 73.05K | 49.31K |
| Total Liabilities£ | 6.22K | 408.00 | 4.53K |
| Employees | 39 | 46 | 49 |
SPHERE PROJECTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has SPHERE PROJECTS LTD filed financial statements?
Yes. Okredo holds filed figures for SPHERE PROJECTS LTD covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did SPHERE PROJECTS LTD report in 2025?
SPHERE PROJECTS LTD reported net assets of £365.45K for 2025. That compares with £371.05K in 2024, a change of -1.51%.
What total assets did SPHERE PROJECTS LTD report in 2025?
SPHERE PROJECTS LTD reported total assets of £369.98K for 2025. That compares with £371.46K in 2024, a change of -0.40%.
What cash in bank did SPHERE PROJECTS LTD report in 2025?
SPHERE PROJECTS LTD reported cash in bank of £49.31K for 2025. That compares with £73.05K in 2024, a change of -32.50%.
How many people does SPHERE PROJECTS LTD employ?
SPHERE PROJECTS LTD reported 49 employees in 2025, compared with 46 in 2024.
How have SPHERE PROJECTS LTD financials changed over the last 3 years?
Between 2023 and 2025, SPHERE PROJECTS LTD's net assets fell by 35.9%, cash in bank fell by 64.7%, total assets fell by 35.8% and total liabilities fell by 27.2%. Net assets contracted at 19.9% a year across the two years to 2025, from £569.83K to £365.45K. Reported headcount went from 39 in 2023 to 49 in 2025 (+10).
Which years of SPHERE PROJECTS LTD financial data are available?
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.