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ACUMEN RECRUITMENT LIMITED Financials

Company number
12262826Copy
Copy
Registered office
International House, 36-38 Cornhill, London EC3V 3NG
Incorporated
15/10/2019

Company snapshot

Status
Active
Employees
14 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-380.28K2023
-323.44%vs 2022

2022: £170.20K

Total Assets

£993.29K2023
65.74%vs 2022

2022: £599.30K

Cash in Bank

£35.35K2023
42.54%vs 2022

2022: £24.80K

Total Liabilities

£1.37M2023
220.10%vs 2022

2022: £429.11K

Employees

142023
+5vs 2022

2022: 9

In 2023, ACUMEN RECRUITMENT LIMITED reported net assets of £-380.28K. The same filing shows total assets of £993.29K, cash in bank of £35.35K and total liabilities of £1.37M. Reported headcount was 14 in 2023. Total Liabilities rose from £429.11K in 2022 to £1.37M in 2023 (220.10%). 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

£-380.28K2023
-323.44%from £170.20K in 2022

Year-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 ACUMEN RECRUITMENT LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£85.96K2021£-380.28K2023
-542%vs 2021

Total Assets

£322.70K2021£993.29K2023
+208%vs 2021

+75.4% a year compound (CAGR)

Total Liabilities

£236.74K2021£1.37M2023
+480%vs 2021

+141% a year compound (CAGR)

Employees

62021142023
+133%vs 2021+8

Biggest increase

Total Liabilities+480%

£236.74K in 2021 to £1.37M in 2023

Biggest decrease

Net Assets-542%

£85.96K in 2021 to £-380.28K in 2023

ACUMEN RECRUITMENT LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 ACUMEN RECRUITMENT 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
-38.29%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
138.29%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
2.57%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
3.56%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 ACUMEN RECRUITMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£85.96K170.20K-380.28K
Total Assets£322.70K599.30K993.29K
Cash in Bank£–24.80K35.35K
Total Liabilities£236.74K429.11K1.37M
Employees6914

ACUMEN RECRUITMENT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ACUMEN RECRUITMENT LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

ACUMEN RECRUITMENT LIMITED reported net assets of £-380.28K for 2023. That compares with £170.20K in 2022, a change of -323.44%.

ACUMEN RECRUITMENT LIMITED reported total assets of £993.29K for 2023. That compares with £599.30K in 2022, a change of 65.74%.

ACUMEN RECRUITMENT LIMITED reported cash in bank of £35.35K for 2023. That compares with £24.80K in 2022, a change of 42.54%.

ACUMEN RECRUITMENT LIMITED reported 14 employees in 2023, compared with 9 in 2022.

Between 2021 and 2023, ACUMEN RECRUITMENT LIMITED's net assets fell by 542%, total assets rose by 208%, total liabilities rose by 480% and employee numbers rose by 133%. Total assets compounded at 75.4% a year across the two years to 2023, from £322.70K to £993.29K. Reported headcount went from 6 in 2021 to 14 in 2023 (+8).

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.