THE SOCIAL CHANGE NEST CIC Financials
- Company number
- 12611737CopyCopy
- Registered office
- C/O Sedulo Office 605, Albert House 256-260 Old Street, London EC1V 9DD
- Incorporated
- 19/05/2020
Company snapshot
- Status
- Active
- Employees
- 51 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
463.91%vs 20232023: £50.47K
Total Assets
108.58%vs 20232023: £244.86K
Cash in Bank
50.63%vs 20232023: £163.75K
Total Liabilities
14.69%vs 20232023: £194.40K
Employees
+28vs 20232023: 23
In 2024, THE SOCIAL CHANGE NEST CIC reported net assets of £284.59K. The same filing shows total assets of £510.72K, cash in bank of £246.66K and total liabilities of £222.95K. Reported headcount was 51 in 2024. Total Assets rose from £244.86K in 2023 to £510.72K in 2024 (108.58%). 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
463.91%from £50.47K 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 THE SOCIAL CHANGE NEST CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+470%vs 2022+139% a year compound (CAGR)
Cash in Bank
+16.5%vs 2022+7.9% a year compound (CAGR)
Total Assets
+98.6%vs 2022+40.9% a year compound (CAGR)
Total Liabilities
+8%vs 2022+3.9% a year compound (CAGR)
Employees
+538%vs 2022+43Biggest increase
Employees+538%
8 in 2022 to 51 in 2024
Every indicator Okredo holds for THE SOCIAL CHANGE NEST CIC rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE SOCIAL CHANGE NEST CIC'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
- 55.72%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
- 43.65%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
- 110.63%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
- 48.30%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 THE SOCIAL CHANGE NEST CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -2.55K | 49.89K | 50.47K | 284.59K |
| Total Assets£ | 187.58K | 257.16K | 244.86K | 510.72K |
| Cash in Bank£ | 177.55K | 211.73K | 163.75K | 246.66K |
| Total Liabilities£ | 190.13K | 206.38K | 194.40K | 222.95K |
| Employees | 0 | 8 | 23 | 51 |
THE SOCIAL CHANGE NEST CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE SOCIAL CHANGE NEST CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE SOCIAL CHANGE NEST CIC reported net assets of £284.59K for 2024. That compares with £50.47K in 2023, a change of 463.91%.
THE SOCIAL CHANGE NEST CIC reported total assets of £510.72K for 2024. That compares with £244.86K in 2023, a change of 108.58%.
THE SOCIAL CHANGE NEST CIC reported cash in bank of £246.66K for 2024. That compares with £163.75K in 2023, a change of 50.63%.
THE SOCIAL CHANGE NEST CIC reported 51 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, THE SOCIAL CHANGE NEST CIC's net assets rose by 470%, cash in bank rose by 16.5%, total assets rose by 98.6% and total liabilities rose by 8%. Net assets compounded at 139% a year across the two years to 2024, from £49.89K to £284.59K. Reported headcount went from 8 in 2022 to 51 in 2024 (+43).
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.