SNYK LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group and the Company have been in a loss position since incorporation, and the Group has incurred a loss for the year after tax of $166.5 million and continues to incur losses after year end. As of 31 December 2024, the Group had cash, cash equivalents, restricted cash, and short-term investments of $330.7 million. These liquidity sources are deemed to be sufficient to fund the continuing operations and ongoing research and development of the business for a period of at least 12 months from the date of approval of these consolidated and company financial statements. After making enquiries and preparing Board approved cash flow forecasts for the period ending 31 December 2026, the Directors have a reasonable expectation the Group and the Company have adequate resources to continue in operational existence and to meet their liabilities as they fall due for the foreseeable future, being a period of at least 12 months from the date these consolidated and company financial statements were approved. Accordingly, they have adopted the going concern basis in preparing these consolidated and company financial statements.”

Group structure

1. SNYK LIMITED · parent
   1. Snyk Israel Ltd 1% · Israel · IT development
   2. Snyk, Inc 1% · Wilmington DE · Market development
   3. Snyk Canada Inc 1% · Canada · IT development
   4. Snyk Switzerland AG 1% · Switzerland · IT development
   5. Snyk Sweden AB 1% · Sweden · IT development
   6. Snyk Finland OY 1% · Finland · IT development
   7. Snyk Japan K.K. 1% · Japan · Market development
   8. Snyk France SAS 1% · France · IT development
   9. Snyk Singapore Pte. Ltd. 1% · Singapore · Market development
   10. Snyk Software Romania Srl 1% · Romania · Market development
   11. Snyk Germany GmbH 1% · Germany · Market development
   12. Snyk Australia Pty Ltd 1% · Australia · Market development
   13. Enso Security Inc. 1% · Wilmington DE · Market development
   14. Explore Universe Lda. 1% · Portugal · IT development
   15. Snyk Portugal, Unipessoal Lda. 1% · Portugal · IT development
   16. Probely - Soluções de Cibersegurança SA 1% · Portugal · IT development
   17. Probely, Inc. 1% · DE · Market development
   18. Probely Ltd 1% · London WC2H 9JQ · Market development

Significant events

• “In November 2024, the Group completed the acquisition of Probely, a modern Dynamic Application Security Testing ('DAST') provider based in Porto, Portugal, with coverage of API security testing and web applications. The inclusion of Probely's technology and expertise expands Snyk's offering of development and application security solutions.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

18

last 12 months

Capital events

5

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +26.5%

  £163,174,203 → £206,364,715

• Cash

  -64.1%

  £261,148,258 → £93,669,385

• Net assets

  -13.3%

  £448,415,864 → £388,636,027

• Employees

  +4.2%

  1,042 → 1,086

• Operating profit

  +3.4%

  -£144,519,644 → -£139,664,937

• Profit before tax

  +4.2%

  -£130,566,345 → -£125,065,234

• Wages

  +9%

  £151,841,364 → £165,569,311

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers