SPLICETEK COMMUNICATIONS LTD Financials
- Company number
- 11875970CopyCopy
- Registered office
- 1 Marybrook Street, Berkeley, Glos GL13 9AA
- Incorporated
- 12/03/2019
Company snapshot
- Status
- Active
- Employees
- 31 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-61.54%vs 20242024: £1.22M
Total Assets
-55.09%vs 20242024: £2.11M
Cash in Bank
-32.61%vs 20242024: £575.19K
Total Liabilities
-44.67%vs 20242024: £511.70K
Employees
0vs 20242024: 31
In 2025, SPLICETEK COMMUNICATIONS LTD reported net assets of £468.80K. The same filing shows total assets of £945.82K, cash in bank of £387.59K and total liabilities of £283.13K. Reported headcount was 31 in 2025. Total Assets fell from £2.11M in 2024 to £945.82K in 2025 (-55.09%). 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
-61.54%from £1.22M in 2024Year-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 SPLICETEK COMMUNICATIONS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-46.1%vs 2023-26.6% a year compound (CAGR)
Cash in Bank
-31.4%vs 2023-17.2% a year compound (CAGR)
Total Assets
-46.1%vs 2023-26.6% a year compound (CAGR)
Total Liabilities
-33.1%vs 2023-18.2% a year compound (CAGR)
Employees
+3.3%vs 2023+1Biggest increase
Employees+3.3%
30 in 2023 to 31 in 2025
Biggest decrease
Total Assets-46.1%
£1.76M in 2023 to £945.82K in 2025
SPLICETEK COMMUNICATIONS 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 total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPLICETEK COMMUNICATIONS 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
- 49.56%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
- 29.94%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
- 136.89%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
- 40.98%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 SPLICETEK COMMUNICATIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 78.48K | 281.56K | 869.29K | 1.22M | 468.80K |
| Total Assets£ | 380.42K | 744.59K | 1.76M | 2.11M | 945.82K |
| Cash in Bank£ | 36.44K | 139.66K | 564.73K | 575.19K | 387.59K |
| Total Liabilities£ | 183.00K | 231.59K | 423.05K | 511.70K | 283.13K |
| Employees | 8 | 17 | 30 | 31 | 31 |
SPLICETEK COMMUNICATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPLICETEK COMMUNICATIONS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SPLICETEK COMMUNICATIONS LTD reported net assets of £468.80K for 2025. That compares with £1.22M in 2024, a change of -61.54%.
SPLICETEK COMMUNICATIONS LTD reported total assets of £945.82K for 2025. That compares with £2.11M in 2024, a change of -55.09%.
SPLICETEK COMMUNICATIONS LTD reported cash in bank of £387.59K for 2025. That compares with £575.19K in 2024, a change of -32.61%.
SPLICETEK COMMUNICATIONS LTD reported 31 employees in 2025, compared with 31 in 2024.
Between 2023 and 2025, SPLICETEK COMMUNICATIONS LTD's net assets fell by 46.1%, cash in bank fell by 31.4%, total assets fell by 46.1% and total liabilities fell by 33.1%. Net assets contracted at 26.6% a year across the two years to 2025, from £869.29K to £468.80K. Reported headcount went from 30 in 2023 to 31 in 2025 (+1).
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.