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SPIRIT DIGITAL LTD Financials

Company number
11211351Copy
Copy
Registered office
Spirit House, Saffron Way, Leicester LE2 6UP
Incorporated
19/02/2018

Company snapshot

Status
Active
Employees
18 (2025)
Latest financial data
2025
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-3.81M2025
-105.93%vs 2024

2024: £-1.85M

Total Assets

£2.29M2025
-31.98%vs 2024

2024: £3.37M

Cash in Bank

£13.74K2025
1.86K%vs 2024

2024: £702.00

Total Liabilities

£6.10M2025
16.90%vs 2024

2024: £5.21M

Employees

182025
-6vs 2024

2024: 24

In 2025, SPIRIT DIGITAL LTD reported net assets of £-3.81M. The same filing shows total assets of £2.29M, cash in bank of £13.74K and total liabilities of £6.10M. Reported headcount was 18 in 2025. Net Assets fell from £-1.85M in 2024 to £-3.81M in 2025 (-105.93%). Okredo holds filed figures for 2021–2025; 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

£-3.81M2025
-105.93%from £-1.85M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SPIRIT DIGITAL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-924.04K2023£-3.81M2025
Decreasedvs 2023

Cash in Bank

£16.70K2023£13.74K2025
-17.7%vs 2023

-9.3% a year compound (CAGR)

Total Assets

£2.96M2023£2.29M2025
-22.4%vs 2023

-11.9% a year compound (CAGR)

Total Liabilities

£3.86M2023£6.10M2025
+58%vs 2023

+25.7% a year compound (CAGR)

Employees

302023182025
-40%vs 2023-12

Biggest increase

Total Liabilities+58%

£3.86M in 2023 to £6.10M in 2025

Biggest decrease

Employees-40%

30 in 2023 to 18 in 2025

SPIRIT DIGITAL LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPIRIT DIGITAL 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
-165.86%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.
Liabilities to total assets
265.64%2025
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
0.23%2025
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
0.60%2025
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 SPIRIT DIGITAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-238.29K-310.88K-924.04K-1.85M-3.81M
Total Assets£1.65M1.88M2.96M3.37M2.29M
Cash in Bank£12.27K77.40K16.70K702.0013.74K
Total Liabilities£1.80M2.12M3.86M5.21M6.10M
Employees1219302418

SPIRIT DIGITAL LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPIRIT DIGITAL LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SPIRIT DIGITAL LTD reported net assets of £-3.81M for 2025. That compares with £-1.85M in 2024, a change of -105.93%.

SPIRIT DIGITAL LTD reported total assets of £2.29M for 2025. That compares with £3.37M in 2024, a change of -31.98%.

SPIRIT DIGITAL LTD reported cash in bank of £13.74K for 2025. That compares with £702.00 in 2024, a change of 1.86K%.

SPIRIT DIGITAL LTD reported 18 employees in 2025, compared with 24 in 2024.

Between 2023 and 2025, SPIRIT DIGITAL LTD's cash in bank fell by 17.7%, total assets fell by 22.4%, total liabilities rose by 58% and employee numbers fell by 40%. Cash in bank contracted at 9.3% a year across the two years to 2025, from £16.70K to £13.74K. Reported headcount went from 30 in 2023 to 18 in 2025 (-12).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.