ART HEALTH SOLUTIONS LTD Financials
- Company number
- 11211432CopyCopy
- Registered office
- 3 Airview Park, Woolsington, Newcastle Upon Tyne NE13 8BR
- Incorporated
- 19/02/2018
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-103.11%vs 20232023: £857.45K
Total Assets
-58.53%vs 20232023: £1.04M
Cash in Bank
-97.21%vs 20232023: £651.96K
Total Liabilities
152.76%vs 20232023: £180.90K
Employees
+2vs 20232023: 15
In 2024, ART HEALTH SOLUTIONS LTD reported net assets of £-26.68K. The same filing shows total assets of £430.57K, cash in bank of £18.21K and total liabilities of £457.25K. Reported headcount was 17 in 2024. Net Assets fell from £857.45K in 2023 to £-26.68K in 2024 (-103.11%). 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
-103.11%from £857.45K 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 ART HEALTH SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-96%vs 2022-79.9% a year compound (CAGR)
Total Assets
-39.2%vs 2022-22% a year compound (CAGR)
Total Liabilities
-57.7%vs 2022-35% a year compound (CAGR)
Employees
+70%vs 2022+7Biggest increase
Employees+70%
10 in 2022 to 17 in 2024
Biggest decrease
Cash in Bank-96%
£450.27K in 2022 to £18.21K in 2024
ART HEALTH SOLUTIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ART HEALTH SOLUTIONS 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
- -6.20%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
- 106.20%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
- 3.98%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
- 4.23%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 ART HEALTH SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -373.54K | 857.45K | -26.68K |
| Total Assets£ | 708.31K | 1.04M | 430.57K |
| Cash in Bank£ | 450.27K | 651.96K | 18.21K |
| Total Liabilities£ | 1.08M | 180.90K | 457.25K |
| Employees | 10 | 15 | 17 |
ART HEALTH SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ART HEALTH SOLUTIONS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
ART HEALTH SOLUTIONS LTD reported net assets of £-26.68K for 2024. That compares with £857.45K in 2023, a change of -103.11%.
ART HEALTH SOLUTIONS LTD reported total assets of £430.57K for 2024. That compares with £1.04M in 2023, a change of -58.53%.
ART HEALTH SOLUTIONS LTD reported cash in bank of £18.21K for 2024. That compares with £651.96K in 2023, a change of -97.21%.
ART HEALTH SOLUTIONS LTD reported 17 employees in 2024, compared with 15 in 2023.
Between 2022 and 2024, ART HEALTH SOLUTIONS LTD's cash in bank fell by 96%, total assets fell by 39.2%, total liabilities fell by 57.7% and employee numbers rose by 70%. Cash in bank contracted at 79.9% a year across the two years to 2024, from £450.27K to £18.21K. Reported headcount went from 10 in 2022 to 17 in 2024 (+7).
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.