CARMEL FAST TRACK LIMITED Financials
- Company number
- 12962858CopyCopy
- Registered office
- Unit 1 55 Holmes Road, London NW5 3AN
- Incorporated
- 20/10/2020
Company snapshot
- Status
- Active
- Employees
- 30 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £227.24K
Total Assets
2023: £2.44M
Cash in Bank
2023: £149.02K
Total Liabilities
2023: £2.21M
Employees
2023: 28
In 2024, CARMEL FAST TRACK LIMITED reported net assets of £606.34K. The same filing shows total assets of £3.34M, cash in bank of £118.92K and total liabilities of £2.73M. Reported headcount was 30 in 2024. Total Assets rose from £2.44M in 2023 to £3.34M in 2024 (36.75%). 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
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 CARMEL FAST TRACK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-44.5% a year compound (CAGR)
Cash in Bank
-46.4% a year compound (CAGR)
Total Assets
-18.9% a year compound (CAGR)
Total Liabilities
-6.4% a year compound (CAGR)
Employees
Biggest increase
Employees+20%
25 in 2022 to 30 in 2024
Biggest decrease
Cash in Bank-71.3%
£414.64K in 2022 to £118.92K in 2024
CARMEL FAST TRACK LIMITED'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 CARMEL FAST TRACK 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
- 18.17%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
- 81.71%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
- 4.36%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
- 3.56%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 CARMEL FAST TRACK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 939.57K | 1.97M | 227.24K | 606.34K |
| Total Assets£ | 4.97M | 5.08M | 2.44M | 3.34M |
| Cash in Bank£ | 371.06K | 414.64K | 149.02K | 118.92K |
| Total Liabilities£ | 4.03M | 3.11M | 2.21M | 2.73M |
| Employees | 28 | 25 | 28 | 30 |
CARMEL FAST TRACK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CARMEL FAST TRACK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CARMEL FAST TRACK LIMITED reported net assets of £606.34K for 2024. That compares with £227.24K in 2023, a change of 166.83%.
CARMEL FAST TRACK LIMITED reported total assets of £3.34M for 2024. That compares with £2.44M in 2023, a change of 36.75%.
CARMEL FAST TRACK LIMITED reported cash in bank of £118.92K for 2024. That compares with £149.02K in 2023, a change of -20.20%.
CARMEL FAST TRACK LIMITED reported 30 employees in 2024, compared with 28 in 2023.
Between 2022 and 2024, CARMEL FAST TRACK LIMITED's net assets fell by 69.2%, cash in bank fell by 71.3%, total assets fell by 34.3% and total liabilities fell by 12.3%. Net assets contracted at 44.5% a year across the two years to 2024, from £1.97M to £606.34K. Reported headcount went from 25 in 2022 to 30 in 2024 (+5).
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.