SPLYT TECHNOLOGIES LTD Financials
- Company number
- 08900720CopyCopy
- Registered office
- 9th Floor 107 Cheapside, London EC2V 6DN
- Incorporated
- 18/02/2014
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-17.12%vs 20222022: £-31.74M
Total Assets
-54.12%vs 20222022: £5.28M
Cash in Bank
-77.94%vs 20222022: £4.48M
Total Liabilities
7.01%vs 20222022: £36.99M
Employees
-33vs 20222022: 38
In 2023, SPLYT TECHNOLOGIES LTD reported net assets of £-37.17M. The same filing shows total assets of £2.42M, cash in bank of £988.25K and total liabilities of £39.58M. Reported headcount was 5 in 2023. Net Assets fell from £-31.74M in 2022 to £-37.17M in 2023 (-17.12%). Okredo holds filed figures for 2021–2023; 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
-17.12%from £-31.74M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SPLYT TECHNOLOGIES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-69.3%vs 2021-44.6% a year compound (CAGR)
Total Assets
-76.1%vs 2021-51.1% a year compound (CAGR)
Total Liabilities
+44.4%vs 2021+20.2% a year compound (CAGR)
Employees
-86.1%vs 2021-31Biggest increase
Total Liabilities+44.4%
£27.40M in 2021 to £39.58M in 2023
Biggest decrease
Employees-86.1%
36 in 2021 to 5 in 2023
SPLYT TECHNOLOGIES LTD's filings pull in both directions between 2021 and 2023. 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 SPLYT TECHNOLOGIES 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
- -1,534.92%2023
- 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
- 1,634.65%2023
- 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
- 2.50%2023
- 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
- 40.81%2023
- 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 SPLYT TECHNOLOGIES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -17.38M | -31.74M | -37.17M |
| Total Assets£ | 10.12M | 5.28M | 2.42M |
| Cash in Bank£ | 3.22M | 4.48M | 988.25K |
| Total Liabilities£ | 27.40M | 36.99M | 39.58M |
| Employees | 36 | 38 | 5 |
SPLYT TECHNOLOGIES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPLYT TECHNOLOGIES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SPLYT TECHNOLOGIES LTD reported net assets of £-37.17M for 2023. That compares with £-31.74M in 2022, a change of -17.12%.
SPLYT TECHNOLOGIES LTD reported total assets of £2.42M for 2023. That compares with £5.28M in 2022, a change of -54.12%.
SPLYT TECHNOLOGIES LTD reported cash in bank of £988.25K for 2023. That compares with £4.48M in 2022, a change of -77.94%.
SPLYT TECHNOLOGIES LTD reported 5 employees in 2023, compared with 38 in 2022.
Between 2021 and 2023, SPLYT TECHNOLOGIES LTD's cash in bank fell by 69.3%, total assets fell by 76.1%, total liabilities rose by 44.4% and employee numbers fell by 86.1%. Cash in bank contracted at 44.6% a year across the two years to 2023, from £3.22M to £988.25K. Reported headcount went from 36 in 2021 to 5 in 2023 (-31).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.