CORAL INNOVATIONS LTD Financials
- Company number
- 12494055CopyCopy
- Registered office
- 167-169 Great Portland Street, London W1W 5PF
- Incorporated
- 03/03/2020
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
506.49%vs 20232023: £1.32M
Total Assets
177.29%vs 20232023: £4.62M
Cash in Bank
171.72%vs 20232023: £2.47M
Total Liabilities
44.06%vs 20232023: £3.16M
Employees
+17vs 20232023: 4
In 2024, CORAL INNOVATIONS LTD reported net assets of £8.00M. The same filing shows total assets of £12.81M, cash in bank of £6.71M and total liabilities of £4.56M. Reported headcount was 21 in 2024. Total Assets rose from £4.62M in 2023 to £12.81M in 2024 (177.29%). 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
506.49%from £1.32M 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 CORAL INNOVATIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+396%vs 2022+123% a year compound (CAGR)
Cash in Bank
+424%vs 2022+129% a year compound (CAGR)
Total Assets
+552%vs 2022+155% a year compound (CAGR)
Total Liabilities
+1355%vs 2022+281% a year compound (CAGR)
Employees
+425%vs 2022+17Biggest increase
Total Liabilities+1355%
£313.23K in 2022 to £4.56M in 2024
Every indicator Okredo holds for CORAL INNOVATIONS LTD rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CORAL INNOVATIONS 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
- 62.45%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
- 35.57%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
- 147.25%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
- 52.38%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 CORAL INNOVATIONS 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£ | 609.25K | 1.61M | 1.32M | 8.00M |
| Total Assets£ | 778.47K | 1.97M | 4.62M | 12.81M |
| Cash in Bank£ | – | 1.28M | 2.47M | 6.71M |
| Total Liabilities£ | 169.22K | 313.23K | 3.16M | 4.56M |
| Employees | 0 | 4 | 4 | 21 |
CORAL INNOVATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CORAL INNOVATIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CORAL INNOVATIONS LTD reported net assets of £8.00M for 2024. That compares with £1.32M in 2023, a change of 506.49%.
CORAL INNOVATIONS LTD reported total assets of £12.81M for 2024. That compares with £4.62M in 2023, a change of 177.29%.
CORAL INNOVATIONS LTD reported cash in bank of £6.71M for 2024. That compares with £2.47M in 2023, a change of 171.72%.
CORAL INNOVATIONS LTD reported 21 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, CORAL INNOVATIONS LTD's net assets rose by 396%, cash in bank rose by 424%, total assets rose by 552% and total liabilities rose by 1355%. Net assets compounded at 123% a year across the two years to 2024, from £1.61M to £8.00M. Reported headcount went from 4 in 2022 to 21 in 2024 (+17).
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.