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THE SOCIAL SELLING COMPANY LIMITED Financials

Company number
11674627Copy
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Registered office
71-75 Shelton Street, London WC2H 9JQ
Incorporated
13/11/2018

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-65.84K2024
-26.23K%vs 2023

2023: £252.00

Total Assets

£122.17K2024
-12.25%vs 2023

2023: £139.23K

Total Liabilities

£188.02K2024
35.28%vs 2023

2023: £138.98K

Employees

62024
-1vs 2023

2023: 7

In 2024, THE SOCIAL SELLING COMPANY LIMITED reported net assets of £-65.84K. The same filing shows total assets of £122.17K and total liabilities of £188.02K. Reported headcount was 6 in 2024. Net Assets fell from £252.00 in 2023 to £-65.84K in 2024 (-26.23K%). 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

£-65.84K2024
-26.23K%from £252.00 in 2023

Year-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 SELLING COMPANY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£226.002022£-65.84K2024
-29235%vs 2022

Total Assets

£56.93K2022£122.17K2024
+115%vs 2022

+46.5% a year compound (CAGR)

Total Liabilities

£56.71K2022£188.02K2024
+232%vs 2022

+82.1% a year compound (CAGR)

Employees

10202262024
-40%vs 2022-4

Biggest increase

Total Liabilities+232%

£56.71K in 2022 to £188.02K in 2024

Biggest decrease

Net Assets-29235%

£226.00 in 2022 to £-65.84K in 2024

THE SOCIAL SELLING COMPANY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 THE SOCIAL SELLING COMPANY 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
-53.89%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
153.89%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THE SOCIAL SELLING COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£0.00226.00252.00-65.84K
Total Assets£–56.93K139.23K122.17K
Cash in Bank£––––
Total Liabilities£–56.71K138.98K188.02K
Employees01076

THE SOCIAL SELLING COMPANY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has THE SOCIAL SELLING COMPANY LIMITED filed financial statements?

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Yes. Okredo holds filed figures for THE SOCIAL SELLING COMPANY LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did THE SOCIAL SELLING COMPANY LIMITED report in 2024?

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THE SOCIAL SELLING COMPANY LIMITED reported net assets of £-65.84K for 2024. That compares with £252.00 in 2023, a change of -26.23K%.

What total assets did THE SOCIAL SELLING COMPANY LIMITED report in 2024?

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THE SOCIAL SELLING COMPANY LIMITED reported total assets of £122.17K for 2024. That compares with £139.23K in 2023, a change of -12.25%.

What total liabilities did THE SOCIAL SELLING COMPANY LIMITED report in 2024?

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THE SOCIAL SELLING COMPANY LIMITED reported total liabilities of £188.02K for 2024. That compares with £138.98K in 2023, a change of 35.28%.

How many people does THE SOCIAL SELLING COMPANY LIMITED employ?

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THE SOCIAL SELLING COMPANY LIMITED reported 6 employees in 2024, compared with 7 in 2023.

How have THE SOCIAL SELLING COMPANY LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, THE SOCIAL SELLING COMPANY LIMITED's net assets fell by 29235%, total assets rose by 115%, total liabilities rose by 232% and employee numbers fell by 40%. Total assets compounded at 46.5% a year across the two years to 2024, from £56.93K to £122.17K. Reported headcount went from 10 in 2022 to 6 in 2024 (-4).

Which years of THE SOCIAL SELLING COMPANY LIMITED financial data are available?

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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.