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DEEPL UK LTD. Financials

Company number
13013347Copy
Copy
Registered office
6th Floor, One London Wall, London EC2Y 5EB
Incorporated
12/11/2020

Company snapshot

Status
Active
Employees
170 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£15.85M2024
309.01%vs 2023

2023: £3.87M

Total Assets

£25.47M2024
216.83%vs 2023

2023: £8.04M

Cash in Bank

£1.04M2024
248.76%vs 2023

2023: £298.61K

Total Liabilities

£9.36M2024
139.25%vs 2023

2023: £3.91M

Employees

1702024
+92vs 2023

2023: 78

In 2024, DEEPL UK LTD. reported net assets of £15.85M. The same filing shows total assets of £25.47M, cash in bank of £1.04M and total liabilities of £9.36M. Reported headcount was 170 in 2024. Total Assets rose from £8.04M in 2023 to £25.47M in 2024 (216.83%). 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

£15.85M2024
309.01%from £3.87M 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 DEEPL UK LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£279.42K2022£15.85M2024
+5572%vs 2022

+653% a year compound (CAGR)

Cash in Bank

£96.29K2022£1.04M2024
+982%vs 2022

+229% a year compound (CAGR)

Total Assets

£1.25M2022£25.47M2024
+1944%vs 2022

+352% a year compound (CAGR)

Total Liabilities

£841.00K2022£9.36M2024
+1013%vs 2022

+234% a year compound (CAGR)

Employees

2420221702024
+608%vs 2022+146

Biggest increase

Net Assets+5572%

£279.42K in 2022 to £15.85M in 2024

Every indicator Okredo holds for DEEPL UK LTD. rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from DEEPL UK 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
62.22%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
36.76%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
11.12%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
4.09%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£258.18K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for DEEPL UK LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£94.53K279.42K3.87M15.85M
Total Assets£764.34K1.25M8.04M25.47M
Cash in Bank£298.08K96.29K298.61K1.04M
Total Liabilities£669.82K841.00K3.91M9.36M
Employees102478170

DEEPL UK LTD. financials: frequently asked questions

Answered from this company's own filed figures.

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

DEEPL UK LTD. reported net assets of £15.85M for 2024. That compares with £3.87M in 2023, a change of 309.01%.

DEEPL UK LTD. reported total assets of £25.47M for 2024. That compares with £8.04M in 2023, a change of 216.83%.

DEEPL UK LTD. reported cash in bank of £1.04M for 2024. That compares with £298.61K in 2023, a change of 248.76%.

DEEPL UK LTD. reported 170 employees in 2024, compared with 78 in 2023.

Between 2022 and 2024, DEEPL UK LTD.'s net assets rose by 5572%, cash in bank rose by 982%, total assets rose by 1944% and total liabilities rose by 1013%. Net assets compounded at 653% a year across the two years to 2024, from £279.42K to £15.85M. Reported headcount went from 24 in 2022 to 170 in 2024 (+146).

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.