SPLENDID COMMUNICATIONS LIMITED Financials
- Company number
- 05424113Copy
Copy - Registered office
- The Old Dairy, Stapleton House Third Floor, Block 1, 110-122 Clifton Street, London EC2A 4HT
- Incorporated
- 14/04/2005
Company snapshot
- Status
- Active
- Employees
- 51 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-36.72%vs 20232023: £2.48M
Total Assets
-38.82%vs 20232023: £4.56M
Cash in Bank
-67.23%vs 20232023: £1.30M
Total Liabilities
-40.78%vs 20232023: £1.92M
Employees
-7vs 20232023: 58
In 2024, SPLENDID COMMUNICATIONS LIMITED reported net assets of £1.57M. The same filing shows total assets of £2.79M, cash in bank of £424.87K and total liabilities of £1.14M. Reported headcount was 51 in 2024. Total Assets fell from £4.56M in 2023 to £2.79M in 2024 (-38.82%). 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
-36.72%from £2.48M 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 SPLENDID COMMUNICATIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-30.7%vs 2022-16.8% a year compound (CAGR)
Cash in Bank
-65.8%vs 2022-41.5% a year compound (CAGR)
Total Assets
-30.9%vs 2022-16.9% a year compound (CAGR)
Total Liabilities
-29%vs 2022-15.7% a year compound (CAGR)
Employees
+27.5%vs 2022+11Biggest increase
Employees+27.5%
40 in 2022 to 51 in 2024
Biggest decrease
Cash in Bank-65.8%
£1.24M in 2022 to £424.87K in 2024
SPLENDID COMMUNICATIONS LIMITED's filings pull in both directions between 2022 and 2024. 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 SPLENDID COMMUNICATIONS LIMITED'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
- 56.16%2024
- Liabilities to total assets
- 40.75%2024
- Cash to liabilities
- 37.37%2024
- Cash to total assets
- 15.23%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.
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 SPLENDID COMMUNICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 2.26M | 2.48M | 1.57M |
| Total Assets£ | 4.04M | 4.56M | 2.79M |
| Cash in Bank£ | 1.24M | 1.30M | 424.87K |
| Total Liabilities£ | 1.60M | 1.92M | 1.14M |
| Employees | 40 | 58 | 51 |
SPLENDID COMMUNICATIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SPLENDID COMMUNICATIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for SPLENDID COMMUNICATIONS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SPLENDID COMMUNICATIONS LIMITED report in 2024?
SPLENDID COMMUNICATIONS LIMITED reported net assets of £1.57M for 2024. That compares with £2.48M in 2023, a change of -36.72%.
What total assets did SPLENDID COMMUNICATIONS LIMITED report in 2024?
SPLENDID COMMUNICATIONS LIMITED reported total assets of £2.79M for 2024. That compares with £4.56M in 2023, a change of -38.82%.
What cash in bank did SPLENDID COMMUNICATIONS LIMITED report in 2024?
SPLENDID COMMUNICATIONS LIMITED reported cash in bank of £424.87K for 2024. That compares with £1.30M in 2023, a change of -67.23%.
How many people does SPLENDID COMMUNICATIONS LIMITED employ?
SPLENDID COMMUNICATIONS LIMITED reported 51 employees in 2024, compared with 58 in 2023.
How have SPLENDID COMMUNICATIONS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SPLENDID COMMUNICATIONS LIMITED's net assets fell by 30.7%, cash in bank fell by 65.8%, total assets fell by 30.9% and total liabilities fell by 29%. Net assets contracted at 16.8% a year across the two years to 2024, from £2.26M to £1.57M. Reported headcount went from 40 in 2022 to 51 in 2024 (+11).
Which years of SPLENDID COMMUNICATIONS LIMITED 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.