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ELITE SKILLS ARENA LTD Financials

Company number
09299923Copy
Copy
Registered office
Unit 5 145 Sterte Road, Poole BH15 2AF
Incorporated
07/11/2014

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-575.58K2024
12.75%vs 2023

2023: £-659.69K

Total Assets

£1.07M2024
11.71%vs 2023

2023: £961.21K

Cash in Bank

£51.66K2024
297.16%vs 2023

2023: £13.01K

Total Liabilities

£1.63M2024
4.94%vs 2023

2023: £1.55M

Employees

102024
+3vs 2023

2023: 7

In 2024, ELITE SKILLS ARENA LTD reported net assets of £-575.58K. The same filing shows total assets of £1.07M, cash in bank of £51.66K and total liabilities of £1.63M. Reported headcount was 10 in 2024. Total Assets rose from £961.21K in 2023 to £1.07M in 2024 (11.71%). 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

£-575.58K2024
12.75%from £-659.69K 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 ELITE SKILLS ARENA LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£131.72K2022£-575.58K2024
-537%vs 2022

Cash in Bank

£188.87K2022£51.66K2024
-72.6%vs 2022

-47.7% a year compound (CAGR)

Total Assets

£1.49M2022£1.07M2024
-28.1%vs 2022

-15.2% a year compound (CAGR)

Total Liabilities

£1.36M2022£1.63M2024
+19.7%vs 2022

+9.4% a year compound (CAGR)

Employees

92022102024
+11.1%vs 2022+1

Biggest increase

Total Liabilities+19.7%

£1.36M in 2022 to £1.63M in 2024

Biggest decrease

Net Assets-537%

£131.72K in 2022 to £-575.58K in 2024

ELITE SKILLS ARENA LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ELITE SKILLS ARENA 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
-53.60%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
151.82%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
3.17%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
4.81%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 ELITE SKILLS ARENA LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£385.14K131.72K-659.69K-575.58K
Total Assets£848.13K1.49M961.21K1.07M
Cash in Bank£529.00188.87K13.01K51.66K
Total Liabilities£462.99K1.36M1.55M1.63M
Employees69710

ELITE SKILLS ARENA LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

ELITE SKILLS ARENA LTD reported net assets of £-575.58K for 2024. That compares with £-659.69K in 2023, a change of 12.75%.

ELITE SKILLS ARENA LTD reported total assets of £1.07M for 2024. That compares with £961.21K in 2023, a change of 11.71%.

ELITE SKILLS ARENA LTD reported cash in bank of £51.66K for 2024. That compares with £13.01K in 2023, a change of 297.16%.

ELITE SKILLS ARENA LTD reported 10 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, ELITE SKILLS ARENA LTD's net assets fell by 537%, cash in bank fell by 72.6%, total assets fell by 28.1% and total liabilities rose by 19.7%. Cash in bank contracted at 47.7% a year across the two years to 2024, from £188.87K to £51.66K. Reported headcount went from 9 in 2022 to 10 in 2024 (+1).

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.