FREE SPIRIT HOSPITALITY LIMITED Financials
- Company number
- 11654506CopyCopy
- Registered office
- 2 Leman Street, London E1W 9US
- Incorporated
- 01/11/2018
Company snapshot
- Status
- Active
- Employees
- 81 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
512.65%vs 20232023: £79.04K
Total Assets
-84.76%vs 20232023: £2.07M
Cash in Bank
-87.45%vs 20232023: £319.82K
Total Liabilities
-4.01%vs 20222022: £1.61M
Employees
-26vs 20232023: 107
In 2024, FREE SPIRIT HOSPITALITY LIMITED reported net assets of £484.22K. The same filing shows total assets of £315.12K, cash in bank of £40.13K and total liabilities of £1.55M. Reported headcount was 81 in 2024. Total Assets fell from £2.07M in 2023 to £315.12K in 2024 (-84.76%). 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
512.65%from £79.04K 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 FREE SPIRIT HOSPITALITY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+363%vs 2022+115% a year compound (CAGR)
Cash in Bank
-84.7%vs 2022-60.9% a year compound (CAGR)
Total Assets
-86.2%vs 2022-62.8% a year compound (CAGR)
Employees
-31.9%vs 2022-38Biggest increase
Net Assets+363%
£104.54K in 2022 to £484.22K in 2024
Biggest decrease
Total Assets-86.2%
£2.28M in 2022 to £315.12K in 2024
FREE SPIRIT HOSPITALITY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FREE SPIRIT HOSPITALITY 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
- 153.66%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
- 74.80%2023
- 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
- 20.68%2023
- 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
- 12.74%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 FREE SPIRIT HOSPITALITY 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£ | -243.59K | 104.54K | 79.04K | 484.22K |
| Total Assets£ | 2.05M | 2.28M | 2.07M | 315.12K |
| Cash in Bank£ | 429.49K | 261.92K | 319.82K | 40.13K |
| Total Liabilities£ | 1.64M | 1.61M | 1.55M | – |
| Employees | 51 | 119 | 107 | 81 |
FREE SPIRIT HOSPITALITY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FREE SPIRIT HOSPITALITY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FREE SPIRIT HOSPITALITY LIMITED reported net assets of £484.22K for 2024. That compares with £79.04K in 2023, a change of 512.65%.
FREE SPIRIT HOSPITALITY LIMITED reported total assets of £315.12K for 2024. That compares with £2.07M in 2023, a change of -84.76%.
FREE SPIRIT HOSPITALITY LIMITED reported cash in bank of £40.13K for 2024. That compares with £319.82K in 2023, a change of -87.45%.
FREE SPIRIT HOSPITALITY LIMITED reported 81 employees in 2024, compared with 107 in 2023.
Between 2022 and 2024, FREE SPIRIT HOSPITALITY LIMITED's net assets rose by 363%, cash in bank fell by 84.7%, total assets fell by 86.2% and employee numbers fell by 31.9%. Net assets compounded at 115% a year across the two years to 2024, from £104.54K to £484.22K. Reported headcount went from 119 in 2022 to 81 in 2024 (-38).
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.