SWANN COMMUNICATIONS (EUROPE) LIMITED Financials
- Company number
- 06659777CopyCopy
- Registered office
- 2 Manor Farm Court Old Wolverton Road, Old Wolverton, Milton Keynes MK12 5NN
- Incorporated
- 30/07/2008
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-100.99%vs 20232023: £-533.41K
Total Assets
-5.93%vs 20232023: £5.96M
Cash in Bank
30.36%vs 20232023: £272.56K
Total Liabilities
2.86%vs 20232023: £6.49M
Employees
-3vs 20232023: 13
In 2024, SWANN COMMUNICATIONS (EUROPE) LIMITED reported net assets of £-1.07M. The same filing shows total assets of £5.60M, cash in bank of £355.31K and total liabilities of £6.67M. Reported headcount was 10 in 2024. Net Assets fell from £-533.41K in 2023 to £-1.07M in 2024 (-100.99%). Okredo holds filed figures for 2021–2024; 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
-100.99%from £-533.41K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SWANN COMMUNICATIONS (EUROPE) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-341%vs 2022Cash in Bank
+391%vs 2022+122% a year compound (CAGR)
Total Assets
-12.2%vs 2022-6.3% a year compound (CAGR)
Total Liabilities
+12.4%vs 2022+6% a year compound (CAGR)
Employees
-28.6%vs 2022-4Biggest increase
Cash in Bank+391%
£72.39K in 2022 to £355.31K in 2024
Biggest decrease
Net Assets-341%
£444.14K in 2022 to £-1.07M in 2024
SWANN COMMUNICATIONS (EUROPE) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 SWANN COMMUNICATIONS (EUROPE) 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
- -19.14%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.
- Liabilities to total assets
- 119.14%2024
- 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
- 5.32%2024
- 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
- 6.34%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £492.90K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SWANN COMMUNICATIONS (EUROPE) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.19M | 444.14K | -533.41K | -1.07M |
| Total Assets£ | 7.22M | 6.38M | 5.96M | 5.60M |
| Cash in Bank£ | 109.80K | 72.39K | 272.56K | 355.31K |
| Total Liabilities£ | 4.03M | 5.94M | 6.49M | 6.67M |
| Employees | 14 | 14 | 13 | 10 |
SWANN COMMUNICATIONS (EUROPE) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SWANN COMMUNICATIONS (EUROPE) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SWANN COMMUNICATIONS (EUROPE) LIMITED reported net assets of £-1.07M for 2024. That compares with £-533.41K in 2023, a change of -100.99%.
SWANN COMMUNICATIONS (EUROPE) LIMITED reported total assets of £5.60M for 2024. That compares with £5.96M in 2023, a change of -5.93%.
SWANN COMMUNICATIONS (EUROPE) LIMITED reported cash in bank of £355.31K for 2024. That compares with £272.56K in 2023, a change of 30.36%.
SWANN COMMUNICATIONS (EUROPE) LIMITED reported 10 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, SWANN COMMUNICATIONS (EUROPE) LIMITED's net assets fell by 341%, cash in bank rose by 391%, total assets fell by 12.2% and total liabilities rose by 12.4%. Cash in bank compounded at 122% a year across the two years to 2024, from £72.39K to £355.31K. Reported headcount went from 14 in 2022 to 10 in 2024 (-4).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.