ALTAFINCH UK PLC Financials
- Company number
- 11047040CopyCopy
- Registered office
- 117 Merton Road, London SW19 1ED
- Incorporated
- 03/11/2017
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-788.54%vs 20232023: £444.81K
Total Assets
2.29%vs 20232023: £166.44M
Cash in Bank
-90.28%vs 20232023: £434.72K
Total Liabilities
-0.99%vs 20232023: £3.51M
Employees
0vs 20232023: 4
In 2024, ALTAFINCH UK PLC reported net assets of £-3.06M. The same filing shows total assets of £170.25M, cash in bank of £42.26K and total liabilities of £3.48M. Reported headcount was 4 in 2024. Total Assets rose from £166.44M in 2023 to £170.25M in 2024 (2.29%). Okredo holds filed figures for 2022–2024; 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
-788.54%from £444.81K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures ALTAFINCH UK PLC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-818%vs 2022Cash in Bank
-94.6%vs 2022-76.7% a year compound (CAGR)
Total Assets
+7.1%vs 2022+3.5% a year compound (CAGR)
Total Liabilities
+11%vs 2022+5.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+11%
£3.13M in 2022 to £3.48M in 2024
Biggest decrease
Net Assets-818%
£426.56K in 2022 to £-3.06M in 2024
ALTAFINCH UK PLC's filings pull in both directions between 2022 and 2024. 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 ALTAFINCH UK PLC'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
- -1.80%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
- 2.04%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
- 1.21%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
- 0.02%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 ALTAFINCH UK PLC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 426.56K | 444.81K | -3.06M |
| Total Assets£ | 159.02M | 166.44M | 170.25M |
| Cash in Bank£ | 776.69K | 434.72K | 42.26K |
| Total Liabilities£ | 3.13M | 3.51M | 3.48M |
| Employees | 4 | 4 | 4 |
ALTAFINCH UK PLC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ALTAFINCH UK PLC covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
ALTAFINCH UK PLC reported net assets of £-3.06M for 2024. That compares with £444.81K in 2023, a change of -788.54%.
ALTAFINCH UK PLC reported total assets of £170.25M for 2024. That compares with £166.44M in 2023, a change of 2.29%.
ALTAFINCH UK PLC reported cash in bank of £42.26K for 2024. That compares with £434.72K in 2023, a change of -90.28%.
ALTAFINCH UK PLC reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, ALTAFINCH UK PLC's net assets fell by 818%, cash in bank fell by 94.6%, total assets rose by 7.1% and total liabilities rose by 11%. Cash in bank contracted at 76.7% a year across the two years to 2024, from £776.69K to £42.26K. Reported headcount went from 4 in 2022 to 4 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.