VARNISH SOFTWARE LTD Financials
- Company number
- 08290623CopyCopy
- Registered office
- Celixir House, Stratford Business And Technology Park, Stratford-Upon-Avon, Warwickshire CV37 7GZ
- Incorporated
- 12/11/2012
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
47.14%vs 20232023: £257.46K
Total Assets
-14.65%vs 20232023: £740.64K
Cash in Bank
-29.16%vs 20232023: £214.91K
Total Liabilities
-47.58%vs 20232023: £483.18K
Employees
-10vs 20232023: 26
In 2024, VARNISH SOFTWARE LTD reported net assets of £378.82K. The same filing shows total assets of £632.11K, cash in bank of £152.24K and total liabilities of £253.29K. Reported headcount was 16 in 2024. Total Liabilities fell from £483.18K in 2023 to £253.29K in 2024 (-47.58%). 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
47.14%from £257.46K 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 VARNISH SOFTWARE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+5.3%vs 2022+2.6% a year compound (CAGR)
Cash in Bank
-27.5%vs 2022-14.8% a year compound (CAGR)
Total Assets
-32.1%vs 2022-17.6% a year compound (CAGR)
Total Liabilities
-55.6%vs 2022-33.4% a year compound (CAGR)
Employees
-30.4%vs 2022-7Biggest increase
Net Assets+5.3%
£359.65K in 2022 to £378.82K in 2024
Biggest decrease
Total Liabilities-55.6%
£570.92K in 2022 to £253.29K in 2024
VARNISH SOFTWARE LTD'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VARNISH SOFTWARE LTD'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
- 59.93%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
- 40.07%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
- 60.11%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
- 24.08%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 VARNISH SOFTWARE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 171.90K | 359.65K | 257.46K | 378.82K |
| Total Assets£ | 1.00M | 930.57K | 740.64K | 632.11K |
| Cash in Bank£ | 168.35K | 209.92K | 214.91K | 152.24K |
| Total Liabilities£ | 832.70K | 570.92K | 483.18K | 253.29K |
| Employees | 19 | 23 | 26 | 16 |
VARNISH SOFTWARE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VARNISH SOFTWARE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VARNISH SOFTWARE LTD reported net assets of £378.82K for 2024. That compares with £257.46K in 2023, a change of 47.14%.
VARNISH SOFTWARE LTD reported total assets of £632.11K for 2024. That compares with £740.64K in 2023, a change of -14.65%.
VARNISH SOFTWARE LTD reported cash in bank of £152.24K for 2024. That compares with £214.91K in 2023, a change of -29.16%.
VARNISH SOFTWARE LTD reported 16 employees in 2024, compared with 26 in 2023.
Between 2022 and 2024, VARNISH SOFTWARE LTD's net assets rose by 5.3%, cash in bank fell by 27.5%, total assets fell by 32.1% and total liabilities fell by 55.6%. Net assets compounded at 2.6% a year across the two years to 2024, from £359.65K to £378.82K. Reported headcount went from 23 in 2022 to 16 in 2024 (-7).
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.