SYSTEM 3 LIMITED Financials
- Company number
- 09844806CopyCopy
- Registered office
- Denton Hall Farm Road, Denton, Manchester M34 2SY
- Incorporated
- 27/10/2015
Company snapshot
- Status
- Active
- Employees
- 254 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
9.17%vs 20232023: £11.87M
Total Assets
-10.36%vs 20232023: £19.55M
Cash in Bank
-50.74%vs 20232023: £1.47M
Total Liabilities
-40.54%vs 20232023: £7.68M
Employees
-27vs 20232023: 281
In 2024, SYSTEM 3 LIMITED reported net assets of £12.96M. The same filing shows total assets of £17.53M, cash in bank of £724.59K and total liabilities of £4.57M. Reported headcount was 254 in 2024. Total Liabilities fell from £7.68M in 2023 to £4.57M in 2024 (-40.54%). 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
9.17%from £11.87M 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 SYSTEM 3 LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+39.5%vs 2022+18.1% a year compound (CAGR)
Cash in Bank
-79.7%vs 2022-54.9% a year compound (CAGR)
Total Assets
+12.1%vs 2022+5.9% a year compound (CAGR)
Total Liabilities
-28%vs 2022-15.2% a year compound (CAGR)
Employees
-5.2%vs 2022-14Biggest increase
Net Assets+39.5%
£9.29M in 2022 to £12.96M in 2024
Biggest decrease
Cash in Bank-79.7%
£3.56M in 2022 to £724.59K in 2024
SYSTEM 3 LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 SYSTEM 3 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
- 73.95%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
- 26.05%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
- 15.87%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
- 4.13%2024
- 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 SYSTEM 3 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£ | 7.90M | 9.29M | 11.87M | 12.96M |
| Total Assets£ | 11.02M | 15.63M | 19.55M | 17.53M |
| Cash in Bank£ | 3.78M | 3.56M | 1.47M | 724.59K |
| Total Liabilities£ | 3.12M | 6.34M | 7.68M | 4.57M |
| Employees | 237 | 268 | 281 | 254 |
SYSTEM 3 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SYSTEM 3 LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SYSTEM 3 LIMITED reported net assets of £12.96M for 2024. That compares with £11.87M in 2023, a change of 9.17%.
SYSTEM 3 LIMITED reported total assets of £17.53M for 2024. That compares with £19.55M in 2023, a change of -10.36%.
SYSTEM 3 LIMITED reported cash in bank of £724.59K for 2024. That compares with £1.47M in 2023, a change of -50.74%.
SYSTEM 3 LIMITED reported 254 employees in 2024, compared with 281 in 2023.
Between 2022 and 2024, SYSTEM 3 LIMITED's net assets rose by 39.5%, cash in bank fell by 79.7%, total assets rose by 12.1% and total liabilities fell by 28%. Net assets compounded at 18.1% a year across the two years to 2024, from £9.29M to £12.96M. Reported headcount went from 268 in 2022 to 254 in 2024 (-14).
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.