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ALBANY LETTINGS LTD. Financials

Company number
SC291569Copy
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Registered office
6b New Mart Road, Edinburgh, City Of Edinburgh EH14 1RL
Incorporated
11/10/2005

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£370.43K2024
743.75%vs 2023

2023: £43.90K

Total Assets

£1.53M2024
351.41%vs 2023

2023: £339.89K

Cash in Bank

£73.80K2024
-70.09%vs 2023

2023: £246.72K

Total Liabilities

£1.16M2024
293.21%vs 2023

2023: £295.99K

Employees

102024
+4vs 2023

2023: 6

In 2024, ALBANY LETTINGS LTD. reported net assets of £370.43K. The same filing shows total assets of £1.53M, cash in bank of £73.80K and total liabilities of £1.16M. Reported headcount was 10 in 2024. Total Assets rose from £339.89K in 2023 to £1.53M in 2024 (351.41%). 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

£370.43K2024
743.75%from £43.90K 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 ALBANY LETTINGS LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£88.66K2022£370.43K2024
+318%vs 2022

+104% a year compound (CAGR)

Total Assets

£448.82K2022£1.53M2024
+242%vs 2022

+84.9% a year compound (CAGR)

Total Liabilities

£360.16K2022£1.16M2024
+223%vs 2022

+79.8% a year compound (CAGR)

Employees

62022102024
+66.7%vs 2022+4

Biggest increase

Net Assets+318%

£88.66K in 2022 to £370.43K in 2024

Every indicator Okredo holds for ALBANY LETTINGS LTD. rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ALBANY LETTINGS 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
24.14%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
75.86%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
6.34%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
4.81%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 ALBANY LETTINGS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£649.40K88.66K43.90K370.43K
Total Assets£955.11K448.82K339.89K1.53M
Cash in Bank£––246.72K73.80K
Total Liabilities£305.71K360.16K295.99K1.16M
Employees66610

ALBANY LETTINGS LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Has ALBANY LETTINGS LTD. filed financial statements?

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Yes. Okredo holds filed figures for ALBANY LETTINGS LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did ALBANY LETTINGS LTD. report in 2024?

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ALBANY LETTINGS LTD. reported net assets of £370.43K for 2024. That compares with £43.90K in 2023, a change of 743.75%.

What total assets did ALBANY LETTINGS LTD. report in 2024?

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ALBANY LETTINGS LTD. reported total assets of £1.53M for 2024. That compares with £339.89K in 2023, a change of 351.41%.

What cash in bank did ALBANY LETTINGS LTD. report in 2024?

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ALBANY LETTINGS LTD. reported cash in bank of £73.80K for 2024. That compares with £246.72K in 2023, a change of -70.09%.

How many people does ALBANY LETTINGS LTD. employ?

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ALBANY LETTINGS LTD. reported 10 employees in 2024, compared with 6 in 2023.

How have ALBANY LETTINGS LTD. financials changed over the last 3 years?

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Between 2022 and 2024, ALBANY LETTINGS LTD.'s net assets rose by 318%, total assets rose by 242%, total liabilities rose by 223% and employee numbers rose by 66.7%. Net assets compounded at 104% a year across the two years to 2024, from £88.66K to £370.43K. Reported headcount went from 6 in 2022 to 10 in 2024 (+4).

Which years of ALBANY LETTINGS LTD. 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.