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42 ACRES LIMITED Financials

Company number
08997263Copy
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Registered office
930 High Road, London N12 9RT
Incorporated
15/04/2014

Company snapshot

Status
Active
Employees
25 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£92.87K2024
110.58%vs 2023

2023: £-877.69K

Total Assets

£2.54M2024
-0.24%vs 2023

2023: £2.54M

Cash in Bank

£193.32K2024
123.74%vs 2023

2023: £86.40K

Total Liabilities

£2.44M2024
-28.54%vs 2023

2023: £3.42M

Employees

252024
+1vs 2023

2023: 24

In 2024, 42 ACRES LIMITED reported net assets of £92.87K. The same filing shows total assets of £2.54M, cash in bank of £193.32K and total liabilities of £2.44M. Reported headcount was 25 in 2024. Total Liabilities fell from £3.42M in 2023 to £2.44M in 2024 (-28.54%). 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

£92.87K2024
110.58%from £-877.69K 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 42 ACRES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-191.29K2022£92.87K2024
Increasedvs 2022

Cash in Bank

£250.41K2022£193.32K2024
-22.8%vs 2022

-12.1% a year compound (CAGR)

Total Assets

£2.78M2022£2.54M2024
-8.7%vs 2022

-4.5% a year compound (CAGR)

Total Liabilities

£2.97M2022£2.44M2024
-17.7%vs 2022

-9.3% a year compound (CAGR)

Employees

262022252024
-3.8%vs 2022-1

Biggest decrease

Cash in Bank-22.8%

£250.41K in 2022 to £193.32K in 2024

42 ACRES LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from 42 ACRES 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
3.66%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
96.34%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
7.91%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
7.62%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 42 ACRES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-875.43K-191.29K-877.69K92.87K
Total Assets£1.69M2.78M2.54M2.54M
Cash in Bank£117.56K250.41K86.40K193.32K
Total Liabilities£2.57M2.97M3.42M2.44M
Employees26262425

42 ACRES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has 42 ACRES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for 42 ACRES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did 42 ACRES LIMITED report in 2024?

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42 ACRES LIMITED reported net assets of £92.87K for 2024. That compares with £-877.69K in 2023, a change of 110.58%.

What total assets did 42 ACRES LIMITED report in 2024?

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42 ACRES LIMITED reported total assets of £2.54M for 2024. That compares with £2.54M in 2023, a change of -0.24%.

What cash in bank did 42 ACRES LIMITED report in 2024?

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42 ACRES LIMITED reported cash in bank of £193.32K for 2024. That compares with £86.40K in 2023, a change of 123.74%.

How many people does 42 ACRES LIMITED employ?

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42 ACRES LIMITED reported 25 employees in 2024, compared with 24 in 2023.

How have 42 ACRES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, 42 ACRES LIMITED's cash in bank fell by 22.8%, total assets fell by 8.7%, total liabilities fell by 17.7% and employee numbers fell by 3.8%. Cash in bank contracted at 12.1% a year across the two years to 2024, from £250.41K to £193.32K. Reported headcount went from 26 in 2022 to 25 in 2024 (-1).

Which years of 42 ACRES 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.