Active

SPIRIT UK MANAGED SERVICES LTD Financials

Company number
07110570Copy
Copy
Registered office
15 Norfolk Road, Seven Kings, Ilford IG3 8LQ
Incorporated
22/12/2009

Company snapshot

Status
Active
Employees
11 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£111.23K2024
37.04%vs 2023

2023: £81.17K

Total Assets

£235.08K2024
81.85%vs 2023

2023: £129.27K

Cash in Bank

£23.14K2024
580.53%vs 2023

2023: £3.40K

Total Liabilities

£123.85K2024
157.47%vs 2023

2023: £48.10K

Employees

112024
0vs 2023

2023: 11

In 2024, SPIRIT UK MANAGED SERVICES LTD reported net assets of £111.23K. The same filing shows total assets of £235.08K, cash in bank of £23.14K and total liabilities of £123.85K. Reported headcount was 11 in 2024. Total Assets rose from £129.27K in 2023 to £235.08K in 2024 (81.85%). 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

£111.23K2024
37.04%from £81.17K in 2023

Year-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 SPIRIT UK MANAGED SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£111.23K2022£111.23K2024
+<0.1%vs 2022

+<0.1% a year compound (CAGR)

Cash in Bank

£54.66K2022£23.14K2024
-57.7%vs 2022

-34.9% a year compound (CAGR)

Total Assets

£134.83K2022£235.08K2024
+74.4%vs 2022

+32% a year compound (CAGR)

Total Liabilities

£23.60K2022£123.85K2024
+425%vs 2022

+129% a year compound (CAGR)

Employees

112022112024
0%vs 2022

Biggest increase

Total Liabilities+425%

£23.60K in 2022 to £123.85K in 2024

Biggest decrease

Cash in Bank-57.7%

£54.66K in 2022 to £23.14K in 2024

SPIRIT UK MANAGED SERVICES 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPIRIT UK MANAGED SERVICES 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
47.32%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.
Liabilities to total assets
52.68%2024
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
18.68%2024
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
9.84%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 SPIRIT UK MANAGED SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£212.22K111.23K81.17K111.23K
Total Assets£277.25K134.83K129.27K235.08K
Cash in Bank£176.03K54.66K3.40K23.14K
Total Liabilities£65.03K23.60K48.10K123.85K
Employees14111111

SPIRIT UK MANAGED SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPIRIT UK MANAGED SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SPIRIT UK MANAGED SERVICES LTD reported net assets of £111.23K for 2024. That compares with £81.17K in 2023, a change of 37.04%.

SPIRIT UK MANAGED SERVICES LTD reported total assets of £235.08K for 2024. That compares with £129.27K in 2023, a change of 81.85%.

SPIRIT UK MANAGED SERVICES LTD reported cash in bank of £23.14K for 2024. That compares with £3.40K in 2023, a change of 580.53%.

SPIRIT UK MANAGED SERVICES LTD reported 11 employees in 2024, compared with 11 in 2023.

Between 2022 and 2024, SPIRIT UK MANAGED SERVICES LTD's net assets rose by <0.1%, cash in bank fell by 57.7%, total assets rose by 74.4% and total liabilities rose by 425%. Net assets compounded at <0.1% a year across the two years to 2024, from £111.23K to £111.23K. Reported headcount went from 11 in 2022 to 11 in 2024.

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.