SPHERE9 LTD Financials
- Company number
- 06378935Copy
Copy - Registered office
- 9 Marlands Road, Ilford, Essex IG5 0JL
- Incorporated
- 24/09/2007
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-26.79K%vs 20232023: £3.84K
Total Assets
-10.74%vs 20232023: £782.50K
Cash in Bank
-98.49%vs 20232023: £91.79K
Total Liabilities
121.44%vs 20232023: £778.66K
Employees
+1vs 20232023: 5
In 2024, SPHERE9 LTD reported net assets of £-1.03M. The same filing shows total assets of £698.42K, cash in bank of £1.38K and total liabilities of £1.72M. Reported headcount was 6 in 2024. Net Assets fell from £3.84K in 2023 to £-1.03M in 2024 (-26.79K%). Okredo holds filed figures for 2022–2024; 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
-26.79K%from £3.84K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SPHERE9 LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-316714%vs 2022Cash in Bank
-96.4%vs 2022-81.1% a year compound (CAGR)
Total Assets
+24.4%vs 2022+11.5% a year compound (CAGR)
Total Liabilities
+207%vs 2022+75.3% a year compound (CAGR)
Employees
+20%vs 2022+1Biggest increase
Total Liabilities+207%
£561.10K in 2022 to £1.72M in 2024
Biggest decrease
Net Assets-316714%
£324.00 in 2022 to £-1.03M in 2024
SPHERE9 LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 SPHERE9 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
- -146.88%2024
- Liabilities to total assets
- 246.88%2024
- Cash to liabilities
- 0.08%2024
- Cash to total assets
- 0.20%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.
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 SPHERE9 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 324.00 | 3.84K | -1.03M |
| Total Assets£ | 561.43K | 782.50K | 698.42K |
| Cash in Bank£ | 38.76K | 91.79K | 1.38K |
| Total Liabilities£ | 561.10K | 778.66K | 1.72M |
| Employees | 5 | 5 | 6 |
SPHERE9 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has SPHERE9 LTD filed financial statements?
Yes. Okredo holds filed figures for SPHERE9 LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SPHERE9 LTD report in 2024?
SPHERE9 LTD reported net assets of £-1.03M for 2024. That compares with £3.84K in 2023, a change of -26.79K%.
What total assets did SPHERE9 LTD report in 2024?
SPHERE9 LTD reported total assets of £698.42K for 2024. That compares with £782.50K in 2023, a change of -10.74%.
What cash in bank did SPHERE9 LTD report in 2024?
SPHERE9 LTD reported cash in bank of £1.38K for 2024. That compares with £91.79K in 2023, a change of -98.49%.
How many people does SPHERE9 LTD employ?
SPHERE9 LTD reported 6 employees in 2024, compared with 5 in 2023.
How have SPHERE9 LTD financials changed over the last 3 years?
Between 2022 and 2024, SPHERE9 LTD's net assets fell by 316714%, cash in bank fell by 96.4%, total assets rose by 24.4% and total liabilities rose by 207%. Cash in bank contracted at 81.1% a year across the two years to 2024, from £38.76K to £1.38K. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).
Which years of SPHERE9 LTD financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.