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DAMAZEIN FAMILY OFFICE LTD Financials

Company number
03610982Copy
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Registered office
27 Old Gloucester Street, London WC1N 3AX
Incorporated
06/08/1998

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-1.97M2024
-12.11%vs 2023

2023: £-1.76M

Total Assets

£4.16M2024
22.43%vs 2023

2023: £3.39M

Cash in Bank

£45.12K2024
11.55%vs 2023

2023: £40.44K

Total Liabilities

£6.13M2024
18.91%vs 2023

2023: £5.15M

Employees

62024
0vs 2023

2023: 6

In 2024, DAMAZEIN FAMILY OFFICE LTD reported net assets of £-1.97M. The same filing shows total assets of £4.16M, cash in bank of £45.12K and total liabilities of £6.13M. Reported headcount was 6 in 2024. Total Liabilities rose from £5.15M in 2023 to £6.13M in 2024 (18.91%). 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

£-1.97M2024
-12.11%from £-1.76M 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 DAMAZEIN FAMILY OFFICE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-1.65M2022£-1.97M2024
Decreasedvs 2022

Cash in Bank

£125.94K2022£45.12K2024
-64.2%vs 2022

-40.1% a year compound (CAGR)

Total Assets

£3.03M2022£4.16M2024
+36.9%vs 2022

+17% a year compound (CAGR)

Total Liabilities

£4.69M2022£6.13M2024
+30.6%vs 2022

+14.3% a year compound (CAGR)

Employees

6202262024
0%vs 2022

Biggest increase

Total Assets+36.9%

£3.03M in 2022 to £4.16M in 2024

Biggest decrease

Cash in Bank-64.2%

£125.94K in 2022 to £45.12K in 2024

DAMAZEIN FAMILY OFFICE LTD's filings pull in both directions between 2022 and 2024. 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 DAMAZEIN FAMILY OFFICE 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
-47.44%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
147.44%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
0.74%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
1.09%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 DAMAZEIN FAMILY OFFICE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-1.56M-1.65M-1.76M-1.97M
Total Assets£2.49M3.03M3.39M4.16M
Cash in Bank£218.73K125.94K40.44K45.12K
Total Liabilities£4.05M4.69M5.15M6.13M
Employees6666

DAMAZEIN FAMILY OFFICE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has DAMAZEIN FAMILY OFFICE LTD filed financial statements?

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

What net assets did DAMAZEIN FAMILY OFFICE LTD report in 2024?

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DAMAZEIN FAMILY OFFICE LTD reported net assets of £-1.97M for 2024. That compares with £-1.76M in 2023, a change of -12.11%.

What total assets did DAMAZEIN FAMILY OFFICE LTD report in 2024?

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DAMAZEIN FAMILY OFFICE LTD reported total assets of £4.16M for 2024. That compares with £3.39M in 2023, a change of 22.43%.

What cash in bank did DAMAZEIN FAMILY OFFICE LTD report in 2024?

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DAMAZEIN FAMILY OFFICE LTD reported cash in bank of £45.12K for 2024. That compares with £40.44K in 2023, a change of 11.55%.

How many people does DAMAZEIN FAMILY OFFICE LTD employ?

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DAMAZEIN FAMILY OFFICE LTD reported 6 employees in 2024, compared with 6 in 2023.

How have DAMAZEIN FAMILY OFFICE LTD financials changed over the last 3 years?

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Between 2022 and 2024, DAMAZEIN FAMILY OFFICE LTD's cash in bank fell by 64.2%, total assets rose by 36.9%, total liabilities rose by 30.6% and employee numbers was unchanged. Cash in bank contracted at 40.1% a year across the two years to 2024, from £125.94K to £45.12K. Reported headcount went from 6 in 2022 to 6 in 2024.

Which years of DAMAZEIN FAMILY OFFICE LTD financial data are available?

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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.