BACKGROUND CLUBS LTD Financials
- Company number
- 10388643Copy
Copy - Registered office
- Netil House Unit 206 Westgate Street, London E8 3RL
- Incorporated
- 22/09/2016
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
22.60%vs 20232023: £576.88K
Total Assets
4.80%vs 20232023: £1.92M
Cash in Bank
-39.84%vs 20232023: £329.29K
Total Liabilities
2.20%vs 20232023: £832.72K
Employees
+6vs 20232023: 18
In 2024, BACKGROUND CLUBS LTD reported net assets of £707.26K. The same filing shows total assets of £2.01M, cash in bank of £198.11K and total liabilities of £851.00K. Reported headcount was 24 in 2024. Cash in Bank fell from £329.29K in 2023 to £198.11K in 2024 (-39.84%). 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
22.60%from £576.88K in 2023Year-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 BACKGROUND CLUBS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+62.3%vs 2022+27.4% a year compound (CAGR)
Cash in Bank
-68.9%vs 2022-44.3% a year compound (CAGR)
Total Assets
-6.4%vs 2022-3.3% a year compound (CAGR)
Total Liabilities
-25.2%vs 2022-13.5% a year compound (CAGR)
Employees
+33.3%vs 2022+6Biggest increase
Net Assets+62.3%
£435.87K in 2022 to £707.26K in 2024
Biggest decrease
Cash in Bank-68.9%
£637.68K in 2022 to £198.11K in 2024
BACKGROUND CLUBS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 BACKGROUND CLUBS 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
- 35.18%2024
- Liabilities to total assets
- 42.33%2024
- Cash to liabilities
- 23.28%2024
- Cash to total assets
- 9.85%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 BACKGROUND CLUBS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 122.14K | 435.87K | 576.88K | 707.26K |
| Total Assets£ | 2.10M | 2.15M | 1.92M | 2.01M |
| Cash in Bank£ | 684.12K | 637.68K | 329.29K | 198.11K |
| Total Liabilities£ | 910.48K | 1.14M | 832.72K | 851.00K |
| Employees | 14 | 18 | 18 | 24 |
BACKGROUND CLUBS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has BACKGROUND CLUBS LTD filed financial statements?
Yes. Okredo holds filed figures for BACKGROUND CLUBS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did BACKGROUND CLUBS LTD report in 2024?
BACKGROUND CLUBS LTD reported net assets of £707.26K for 2024. That compares with £576.88K in 2023, a change of 22.60%.
What total assets did BACKGROUND CLUBS LTD report in 2024?
BACKGROUND CLUBS LTD reported total assets of £2.01M for 2024. That compares with £1.92M in 2023, a change of 4.80%.
What cash in bank did BACKGROUND CLUBS LTD report in 2024?
BACKGROUND CLUBS LTD reported cash in bank of £198.11K for 2024. That compares with £329.29K in 2023, a change of -39.84%.
How many people does BACKGROUND CLUBS LTD employ?
BACKGROUND CLUBS LTD reported 24 employees in 2024, compared with 18 in 2023.
How have BACKGROUND CLUBS LTD financials changed over the last 3 years?
Between 2022 and 2024, BACKGROUND CLUBS LTD's net assets rose by 62.3%, cash in bank fell by 68.9%, total assets fell by 6.4% and total liabilities fell by 25.2%. Net assets compounded at 27.4% a year across the two years to 2024, from £435.87K to £707.26K. Reported headcount went from 18 in 2022 to 24 in 2024 (+6).
Which years of BACKGROUND CLUBS LTD financial data are available?
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.