TONIC STUDIOS LIMITED Financials
- Company number
- 04132269CopyCopy
- Registered office
- Unit 36 Heol Treth, Village Farm Industrial Est Pyle, Bridgend, S Wales CF33 6BQ
- Incorporated
- 29/12/2000
Company snapshot
- Status
- Active
- Employees
- 28 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-732.78%vs 20222022: £129.03K
Total Assets
-20.27%vs 20222022: £3.53M
Cash in Bank
149.88%vs 20222022: £147.74K
Total Liabilities
7.01%vs 20222022: £3.24M
Employees
-10vs 20222022: 38
In 2023, TONIC STUDIOS LIMITED reported net assets of £-816.44K. The same filing shows total assets of £2.81M, cash in bank of £369.16K and total liabilities of £3.46M. Reported headcount was 28 in 2023. Net Assets fell from £129.03K in 2022 to £-816.44K in 2023 (-732.78%). Okredo holds filed figures for 2021–2023; 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
-732.78%from £129.03K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures TONIC STUDIOS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-133%vs 2021Cash in Bank
+155%vs 2021+59.8% a year compound (CAGR)
Total Assets
-45.7%vs 2021-26.3% a year compound (CAGR)
Total Liabilities
+38.9%vs 2021+17.8% a year compound (CAGR)
Employees
-33.3%vs 2021-14Biggest increase
Cash in Bank+155%
£144.55K in 2021 to £369.16K in 2023
Biggest decrease
Net Assets-133%
£2.49M in 2021 to £-816.44K in 2023
TONIC STUDIOS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 TONIC STUDIOS 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
- -29.02%2023
- 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
- 123.12%2023
- 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
- 10.66%2023
- 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
- 13.12%2023
- 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 TONIC STUDIOS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.49M | 129.03K | -816.44K |
| Total Assets£ | 5.18M | 3.53M | 2.81M |
| Cash in Bank£ | 144.55K | 147.74K | 369.16K |
| Total Liabilities£ | 2.49M | 3.24M | 3.46M |
| Employees | 42 | 38 | 28 |
TONIC STUDIOS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TONIC STUDIOS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
TONIC STUDIOS LIMITED reported net assets of £-816.44K for 2023. That compares with £129.03K in 2022, a change of -732.78%.
TONIC STUDIOS LIMITED reported total assets of £2.81M for 2023. That compares with £3.53M in 2022, a change of -20.27%.
TONIC STUDIOS LIMITED reported cash in bank of £369.16K for 2023. That compares with £147.74K in 2022, a change of 149.88%.
TONIC STUDIOS LIMITED reported 28 employees in 2023, compared with 38 in 2022.
Between 2021 and 2023, TONIC STUDIOS LIMITED's net assets fell by 133%, cash in bank rose by 155%, total assets fell by 45.7% and total liabilities rose by 38.9%. Cash in bank compounded at 59.8% a year across the two years to 2023, from £144.55K to £369.16K. Reported headcount went from 42 in 2021 to 28 in 2023 (-14).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.