SYSTEM PEOPLE LIMITED Financials
- Company number
- 04593467CopyCopy
- Registered office
- System People Limited, Carlisle Airport, Carlisle CA6 4NW
- Incorporated
- 18/11/2002
Company snapshot
- Status
- Active
- Employees
- 63 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-21.19%vs 20232023: £1.11M
Total Assets
5.29%vs 20232023: £2.76M
Cash in Bank
-51.00%vs 20232023: £664.77K
Total Liabilities
15.73%vs 20232023: £1.26M
Employees
-6vs 20232023: 69
In 2024, SYSTEM PEOPLE LIMITED reported net assets of £875.54K. The same filing shows total assets of £2.91M, cash in bank of £325.72K and total liabilities of £1.45M. Reported headcount was 63 in 2024. Cash in Bank fell from £664.77K in 2023 to £325.72K in 2024 (-51.00%). 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
-21.19%from £1.11M 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 PEOPLE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-20.1%vs 2022-10.6% a year compound (CAGR)
Cash in Bank
-36.7%vs 2022-20.5% a year compound (CAGR)
Total Assets
-1.2%vs 2022-0.6% a year compound (CAGR)
Total Liabilities
+4.4%vs 2022+2.2% a year compound (CAGR)
Employees
+8.6%vs 2022+5Biggest increase
Employees+8.6%
58 in 2022 to 63 in 2024
Biggest decrease
Cash in Bank-36.7%
£514.97K in 2022 to £325.72K in 2024
SYSTEM PEOPLE LIMITED's filings pull in both directions between 2022 and 2024. 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 SYSTEM PEOPLE 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
- 30.09%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
- 49.94%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
- 22.41%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
- 11.19%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 PEOPLE 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£ | 302.14K | 1.10M | 1.11M | 875.54K |
| Total Assets£ | 1.27M | 2.94M | 2.76M | 2.91M |
| Cash in Bank£ | 299.61K | 514.97K | 664.77K | 325.72K |
| Total Liabilities£ | 971.58K | 1.39M | 1.26M | 1.45M |
| Employees | 35 | 58 | 69 | 63 |
SYSTEM PEOPLE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SYSTEM PEOPLE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SYSTEM PEOPLE LIMITED reported net assets of £875.54K for 2024. That compares with £1.11M in 2023, a change of -21.19%.
SYSTEM PEOPLE LIMITED reported total assets of £2.91M for 2024. That compares with £2.76M in 2023, a change of 5.29%.
SYSTEM PEOPLE LIMITED reported cash in bank of £325.72K for 2024. That compares with £664.77K in 2023, a change of -51.00%.
SYSTEM PEOPLE LIMITED reported 63 employees in 2024, compared with 69 in 2023.
Between 2022 and 2024, SYSTEM PEOPLE LIMITED's net assets fell by 20.1%, cash in bank fell by 36.7%, total assets fell by 1.2% and total liabilities rose by 4.4%. Net assets contracted at 10.6% a year across the two years to 2024, from £1.10M to £875.54K. Reported headcount went from 58 in 2022 to 63 in 2024 (+5).
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.