SPYBIOTECH LIMITED Financials
- Company number
- 10649320CopyCopy
- Registered office
- 7600 The Quorum, Alec Issigonis Way, Oxford Business Park North, Oxford OX4 2JZ
- Incorporated
- 02/03/2017
Company snapshot
- Status
- Active
- Employees
- 16 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-31.93%vs 20222022: £16.55M
Total Assets
-21.86%vs 20222022: £19.12M
Cash in Bank
-26.16%vs 20222022: £16.37M
Total Liabilities
45.40%vs 20222022: £2.45M
Employees
+2vs 20222022: 14
In 2023, SPYBIOTECH LIMITED reported net assets of £11.27M. The same filing shows total assets of £14.94M, cash in bank of £12.08M and total liabilities of £3.56M. Reported headcount was 16 in 2023. Net Assets fell from £16.55M in 2022 to £11.27M in 2023 (-31.93%). 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
-31.93%from £16.55M 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 SPYBIOTECH LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-49.3%vs 2021-28.8% a year compound (CAGR)
Cash in Bank
-43.7%vs 2021-25% a year compound (CAGR)
Total Assets
-34.4%vs 2021-19% a year compound (CAGR)
Total Liabilities
+783%vs 2021+197% a year compound (CAGR)
Employees
+60%vs 2021+6Biggest increase
Total Liabilities+783%
£402.95K in 2021 to £3.56M in 2023
Biggest decrease
Net Assets-49.3%
£22.22M in 2021 to £11.27M in 2023
SPYBIOTECH LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPYBIOTECH 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
- 75.40%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
- 23.82%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
- 339.47%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
- 80.87%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 SPYBIOTECH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 22.22M | 16.55M | 11.27M |
| Total Assets£ | 22.78M | 19.12M | 14.94M |
| Cash in Bank£ | 21.48M | 16.37M | 12.08M |
| Total Liabilities£ | 402.95K | 2.45M | 3.56M |
| Employees | 10 | 14 | 16 |
SPYBIOTECH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPYBIOTECH LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SPYBIOTECH LIMITED reported net assets of £11.27M for 2023. That compares with £16.55M in 2022, a change of -31.93%.
SPYBIOTECH LIMITED reported total assets of £14.94M for 2023. That compares with £19.12M in 2022, a change of -21.86%.
SPYBIOTECH LIMITED reported cash in bank of £12.08M for 2023. That compares with £16.37M in 2022, a change of -26.16%.
SPYBIOTECH LIMITED reported 16 employees in 2023, compared with 14 in 2022.
Between 2021 and 2023, SPYBIOTECH LIMITED's net assets fell by 49.3%, cash in bank fell by 43.7%, total assets fell by 34.4% and total liabilities rose by 783%. Net assets contracted at 28.8% a year across the two years to 2023, from £22.22M to £11.27M. Reported headcount went from 10 in 2021 to 16 in 2023 (+6).
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.