STAFF ABSENCE MANAGEMENT LTD Financials
- Company number
- 09098826CopyCopy
- Registered office
- 4th Floor, Fora Great Eastern Street, 21-33 Great Eastern Street, London EC2A 3EJ
- Incorporated
- 23/06/2014
Company snapshot
- Status
- Active
- Employees
- 50 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-972.93K%vs 20222022: £58.00
Total Assets
24.95%vs 20222022: £1.33M
Cash in Bank
127.32%vs 20222022: £8.44K
Total Liabilities
69.56%vs 20222022: £1.28M
Employees
+20vs 20222022: 30
In 2023, STAFF ABSENCE MANAGEMENT LTD reported net assets of £-564.24K. The same filing shows total assets of £1.66M, cash in bank of £19.19K and total liabilities of £2.17M. Reported headcount was 50 in 2023. Total Liabilities rose from £1.28M in 2022 to £2.17M in 2023 (69.56%). 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
-972.93K%from £58.00 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 STAFF ABSENCE MANAGEMENT LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-1880913%vs 2021Cash in Bank
-87.1%vs 2021-64.1% a year compound (CAGR)
Total Assets
+78.8%vs 2021+33.7% a year compound (CAGR)
Total Liabilities
+151%vs 2021+58.5% a year compound (CAGR)
Employees
+108%vs 2021+26Biggest increase
Total Liabilities+151%
£864.85K in 2021 to £2.17M in 2023
Biggest decrease
Net Assets-1880913%
£30.00 in 2021 to £-564.24K in 2023
STAFF ABSENCE MANAGEMENT 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from STAFF ABSENCE MANAGEMENT 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
- -33.92%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
- 130.61%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
- 0.88%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
- 1.15%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 STAFF ABSENCE MANAGEMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 30.00 | 58.00 | -564.24K |
| Total Assets£ | 930.13K | 1.33M | 1.66M |
| Cash in Bank£ | 148.76K | 8.44K | 19.19K |
| Total Liabilities£ | 864.85K | 1.28M | 2.17M |
| Employees | 24 | 30 | 50 |
STAFF ABSENCE MANAGEMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for STAFF ABSENCE MANAGEMENT LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
STAFF ABSENCE MANAGEMENT LTD reported net assets of £-564.24K for 2023. That compares with £58.00 in 2022, a change of -972.93K%.
STAFF ABSENCE MANAGEMENT LTD reported total assets of £1.66M for 2023. That compares with £1.33M in 2022, a change of 24.95%.
STAFF ABSENCE MANAGEMENT LTD reported cash in bank of £19.19K for 2023. That compares with £8.44K in 2022, a change of 127.32%.
STAFF ABSENCE MANAGEMENT LTD reported 50 employees in 2023, compared with 30 in 2022.
Between 2021 and 2023, STAFF ABSENCE MANAGEMENT LTD's net assets fell by 1880913%, cash in bank fell by 87.1%, total assets rose by 78.8% and total liabilities rose by 151%. Cash in bank contracted at 64.1% a year across the two years to 2023, from £148.76K to £19.19K. Reported headcount went from 24 in 2021 to 50 in 2023 (+26).
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.