SNAP GROUP LIMITED
Operating as the UK subsidiary of the US-listed technology company Snap Inc., the business supports the operations and development of the multimedia messaging app Snapchat.
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Cash
£130M
USD 173,439,000
+200.5% vs 2023
Net assets
-£2B
USD -2,611,829,000
+32.9% vs 2023
Employees
365
-11.8% vs 2023
Profit before tax
-£570M
USD -757,734,000
+26.4% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,208,913,027 | £1,582,403,969 | +30.9% | |
| Operating profit | -£627,447,944 | -£407,620,837 | +35% | |
| Profit before tax | -£773,472,901 | -£569,596,332 | +26.4% | |
| Net profit | -£767,781,703 | -£541,986,018 | +29.4% | |
| Cash | £43,382,696 | £130,375,855 | +200.5% | |
| Total assets less current liabilities | -£256,173,795 | -£18,016,989 | +93% | |
| Net assets | -£2,927,975,645 | -£1,963,338,345 | +32.9% | |
| Equity | — | — | — | |
| Average employees | 414 | 365 | -11.8% | |
| Wages | £112,673,833 | £94,468,165 | -16.2% | |
| Directors' remuneration | £0 | £0 | — |
Figures converted to GBP from USD at 0.752 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -51.9% | -25.8% | |
| Net margin | -63.5% | -34.3% | |
| Gearing (liabilities / total assets) | 408.7% | 314.2% | |
| Current ratio | 0.75x | 0.98x | |
| Interest cover | -4.02x | -2.36x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SNAP GROUP LIMITED 2017-01-05 → present
- SNAPCHAT LIMITED 2015-09-04 → 2017-01-05
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the Company continues to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- SNAP GROUP LIMITED · parent
- Snap B.V. 100%
- Snap Technologies WLL 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRIS, Ronan Aubyn | Director | 2022-12-31 | Apr 1972 | Irish |
| PAN, Qi | Director | 2022-06-28 | Mar 1985 | British |
| PRADHAN, Siddharth | Director | 2024-07-08 | May 1989 | New Zealander |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANDMAN, Christopher T. | Director | 2015-09-04 | 2017-03-01 |
| LEA, Bridget | Director | 2024-07-08 | 2025-04-08 |
| LEWIS, David Morris Abraham | Director | 2016-11-16 | 2020-04-08 |
| NOORIALA, Claire Linda | Director | 2020-12-16 | 2022-12-31 |
| REID, Amanda Louise | Director | 2017-03-22 | 2022-07-01 |
| SEGGIE, Kavan Antony | Director | 2016-04-20 | 2017-03-20 |
| SKRODZKI, Michal | Director | 2022-12-31 | 2024-07-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Snap International Ii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-23 | Active |
| Mr Evan Thomas Spiegel | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-12-23 |
| Mr Robert Cornelius Murphy | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-22 | SH01 | capital | Capital allotment shares | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-05 | AD03 | address | Move registers to sail company with new address | |
| 2023-04-05 | AD02 | address | Change sail address company with new address | |
| 2023-01-19 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.