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SWITCHED ON COMMUNICATIONS LIMITED Financials

Company number
04964642Copy
Copy
Registered office
1 Richmond Road, St. Annes On Sea, Lancashire FY8 1PE
Incorporated
14/11/2003

Company snapshot

Status
Active
Employees
27 (2026)
Latest financial data
2026
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£40.71K2026
-74.68%vs 2025

2025: £160.79K

Total Assets

£154.34K2026
-54.58%vs 2025

2025: £339.78K

Cash in Bank

£34.52K2026
-81.96%vs 2025

2025: £191.30K

Total Liabilities

£107.90K2026
-37.81%vs 2025

2025: £173.49K

Employees

272026
0vs 2025

2025: 27

In 2026, SWITCHED ON COMMUNICATIONS LIMITED reported net assets of £40.71K. The same filing shows total assets of £154.34K, cash in bank of £34.52K and total liabilities of £107.90K. Reported headcount was 27 in 2026. Total Assets fell from £339.78K in 2025 to £154.34K in 2026 (-54.58%). Okredo holds filed figures for 2022–2026; 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

£40.71K2026
-74.68%from £160.79K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures SWITCHED ON COMMUNICATIONS LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£153.08K2024£40.71K2026
-73.4%vs 2024

-48.4% a year compound (CAGR)

Cash in Bank

£234.38K2024£34.52K2026
-85.3%vs 2024

-61.6% a year compound (CAGR)

Total Assets

£387.84K2024£154.34K2026
-60.2%vs 2024

-36.9% a year compound (CAGR)

Total Liabilities

£233.07K2024£107.90K2026
-53.7%vs 2024

-32% a year compound (CAGR)

Employees

222024272026
+22.7%vs 2024+5

Biggest increase

Employees+22.7%

22 in 2024 to 27 in 2026

Biggest decrease

Cash in Bank-85.3%

£234.38K in 2024 to £34.52K in 2026

SWITCHED ON COMMUNICATIONS LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SWITCHED ON COMMUNICATIONS 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
26.38%2026
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
69.91%2026
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
31.99%2026
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
22.36%2026
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 SWITCHED ON COMMUNICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£22.19K30.38K153.08K160.79K40.71K
Total Assets£152.48K174.02K387.84K339.78K154.34K
Cash in Bank£30.52K56.81K234.38K191.30K34.52K
Total Liabilities£126.81K141.32K233.07K173.49K107.90K
Employees2322222727

SWITCHED ON COMMUNICATIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SWITCHED ON COMMUNICATIONS LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.

SWITCHED ON COMMUNICATIONS LIMITED reported net assets of £40.71K for 2026. That compares with £160.79K in 2025, a change of -74.68%.

SWITCHED ON COMMUNICATIONS LIMITED reported total assets of £154.34K for 2026. That compares with £339.78K in 2025, a change of -54.58%.

SWITCHED ON COMMUNICATIONS LIMITED reported cash in bank of £34.52K for 2026. That compares with £191.30K in 2025, a change of -81.96%.

SWITCHED ON COMMUNICATIONS LIMITED reported 27 employees in 2026, compared with 27 in 2025.

Between 2024 and 2026, SWITCHED ON COMMUNICATIONS LIMITED's net assets fell by 73.4%, cash in bank fell by 85.3%, total assets fell by 60.2% and total liabilities fell by 53.7%. Net assets contracted at 48.4% a year across the two years to 2026, from £153.08K to £40.71K. Reported headcount went from 22 in 2024 to 27 in 2026 (+5).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.