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ARTIFICIAL LABS LTD Financials

Company number
08766928Copy
Copy
Registered office
1-3 Frederick's Place, London EC2R 8AE
Incorporated
07/11/2013

Company snapshot

Status
Active
Employees
41 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£3.85M2024
6.87K%vs 2023

2023: £55.33K

Total Assets

£4.77M2024
176.70%vs 2023

2023: £1.72M

Cash in Bank

£3.04M2024
6.12K%vs 2023

2023: £48.90K

Total Liabilities

£826.47K2024
-48.72%vs 2023

2023: £1.61M

Employees

412024
+13vs 2023

2023: 28

In 2024, ARTIFICIAL LABS LTD reported net assets of £3.85M. The same filing shows total assets of £4.77M, cash in bank of £3.04M and total liabilities of £826.47K. Reported headcount was 41 in 2024. Net Assets rose from £55.33K in 2023 to £3.85M in 2024 (6.87K%). 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

£3.85M2024
6.87K%from £55.33K 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 ARTIFICIAL LABS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.84M2022£3.85M2024
+0.4%vs 2022

+0.2% a year compound (CAGR)

Cash in Bank

£3.32M2022£3.04M2024
-8.4%vs 2022

-4.3% a year compound (CAGR)

Total Assets

£4.82M2022£4.77M2024
-1%vs 2022

-0.5% a year compound (CAGR)

Total Liabilities

£935.31K2022£826.47K2024
-11.6%vs 2022

-6% a year compound (CAGR)

Employees

212022412024
+95.2%vs 2022+20

Biggest increase

Employees+95.2%

21 in 2022 to 41 in 2024

Biggest decrease

Total Liabilities-11.6%

£935.31K in 2022 to £826.47K in 2024

ARTIFICIAL LABS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ARTIFICIAL LABS 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
80.75%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
17.32%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
367.71%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
63.68%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 ARTIFICIAL LABS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-2.83M3.84M55.33K3.85M
Total Assets£1.69M4.82M1.72M4.77M
Cash in Bank£305.54K3.32M48.90K3.04M
Total Liabilities£4.49M935.31K1.61M826.47K
Employees22212841

ARTIFICIAL LABS LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

ARTIFICIAL LABS LTD reported net assets of £3.85M for 2024. That compares with £55.33K in 2023, a change of 6.87K%.

ARTIFICIAL LABS LTD reported total assets of £4.77M for 2024. That compares with £1.72M in 2023, a change of 176.70%.

ARTIFICIAL LABS LTD reported cash in bank of £3.04M for 2024. That compares with £48.90K in 2023, a change of 6.12K%.

ARTIFICIAL LABS LTD reported 41 employees in 2024, compared with 28 in 2023.

Between 2022 and 2024, ARTIFICIAL LABS LTD's net assets rose by 0.4%, cash in bank fell by 8.4%, total assets fell by 1% and total liabilities fell by 11.6%. Net assets compounded at 0.2% a year across the two years to 2024, from £3.84M to £3.85M. Reported headcount went from 21 in 2022 to 41 in 2024 (+20).

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.