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BACK ACADEMY LIMITED Financials

Company number
12695777Copy
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Registered office
6 Beacon Way, Hull HU3 4AE
Incorporated
24/06/2020

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Small

Financial highlights

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

Net Assets

£20.26K2023
177.97%vs 2022

2022: £-25.99K

Total Assets

£53.69K2023
9.14K%vs 2022

2022: £581.00

Cash in Bank

£9.15K2023
2.91K%vs 2022

2022: £304.00

Total Liabilities

£33.43K2023
25.81%vs 2022

2022: £26.57K

Employees

42023
0vs 2022

2022: 4

In 2023, BACK ACADEMY LIMITED reported net assets of £20.26K. The same filing shows total assets of £53.69K, cash in bank of £9.15K and total liabilities of £33.43K. Reported headcount was 4 in 2023. Total Assets rose from £581.00 in 2022 to £53.69K in 2023 (9.14K%). 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

£20.26K2023
177.97%from £-25.99K 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 BACK ACADEMY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-13.67K2021£20.26K2023
Increasedvs 2021

Cash in Bank

£11.38K2021£9.15K2023
-19.5%vs 2021

-10.3% a year compound (CAGR)

Total Assets

£13.43K2021£53.69K2023
+300%vs 2021

+99.9% a year compound (CAGR)

Total Liabilities

£27.11K2021£33.43K2023
+23.3%vs 2021

+11% a year compound (CAGR)

Employees

4202142023
0%vs 2021

Biggest increase

Total Assets+300%

£13.43K in 2021 to £53.69K in 2023

Biggest decrease

Cash in Bank-19.5%

£11.38K in 2021 to £9.15K in 2023

BACK ACADEMY LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, 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 BACK ACADEMY 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
37.74%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
62.26%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
27.38%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
17.05%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 BACK ACADEMY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-13.67K-25.99K20.26K
Total Assets£13.43K581.0053.69K
Cash in Bank£11.38K304.009.15K
Total Liabilities£27.11K26.57K33.43K
Employees444

BACK ACADEMY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has BACK ACADEMY LIMITED filed financial statements?

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

What net assets did BACK ACADEMY LIMITED report in 2023?

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BACK ACADEMY LIMITED reported net assets of £20.26K for 2023. That compares with £-25.99K in 2022, a change of 177.97%.

What total assets did BACK ACADEMY LIMITED report in 2023?

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BACK ACADEMY LIMITED reported total assets of £53.69K for 2023. That compares with £581.00 in 2022, a change of 9.14K%.

What cash in bank did BACK ACADEMY LIMITED report in 2023?

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BACK ACADEMY LIMITED reported cash in bank of £9.15K for 2023. That compares with £304.00 in 2022, a change of 2.91K%.

How many people does BACK ACADEMY LIMITED employ?

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BACK ACADEMY LIMITED reported 4 employees in 2023, compared with 4 in 2022.

How have BACK ACADEMY LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, BACK ACADEMY LIMITED's cash in bank fell by 19.5%, total assets rose by 300%, total liabilities rose by 23.3% and employee numbers was unchanged. Cash in bank contracted at 10.3% a year across the two years to 2023, from £11.38K to £9.15K. Reported headcount went from 4 in 2021 to 4 in 2023.

Which years of BACK ACADEMY LIMITED financial data are available?

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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.