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FTFT UK LIMITED Financials

Company number
13543436Copy
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Registered office
Horizon House 136b Darkes Lane, Potters Bar EN6 1AF
Incorporated
02/08/2021

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 2022–2024.

Net Assets

£-5.41M2024
-214.70%vs 2023

2023: £4.71M

Total Assets

£1.47M2024
-21.44%vs 2023

2023: £1.87M

Cash in Bank

£33.63K2024
First reported year

Total Liabilities

£337.31K2024
111.85%vs 2023

2023: £-2.85M

Employees

62024
-2vs 2023

2023: 8

In 2024, FTFT UK LIMITED reported net assets of £-5.41M. The same filing shows total assets of £1.47M, cash in bank of £33.63K and total liabilities of £337.31K. Reported headcount was 6 in 2024. Net Assets fell from £4.71M in 2023 to £-5.41M in 2024 (-214.70%). Okredo holds filed figures for 2022–2024; 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

£-5.41M2024
-214.70%from £4.71M in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures FTFT UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.44M2022£-5.41M2024
-257%vs 2022

Total Assets

£1.69M2022£1.47M2024
-13.1%vs 2022

-6.8% a year compound (CAGR)

Total Liabilities

£-1.75M2022£337.31K2024
Increasedvs 2022

Employees

8202262024
-25%vs 2022-2

Biggest decrease

Net Assets-257%

£3.44M in 2022 to £-5.41M in 2024

FTFT UK LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FTFT UK 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
-368.34%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
22.97%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
9.97%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
2.29%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 FTFT UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£3.44M4.71M-5.41M
Total Assets£1.69M1.87M1.47M
Cash in Bank£––33.63K
Total Liabilities£-1.75M-2.85M337.31K
Employees886

FTFT UK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FTFT UK LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FTFT UK LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did FTFT UK LIMITED report in 2024?

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FTFT UK LIMITED reported net assets of £-5.41M for 2024. That compares with £4.71M in 2023, a change of -214.70%.

What total assets did FTFT UK LIMITED report in 2024?

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FTFT UK LIMITED reported total assets of £1.47M for 2024. That compares with £1.87M in 2023, a change of -21.44%.

What cash in bank did FTFT UK LIMITED report in 2024?

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FTFT UK LIMITED reported cash in bank of £33.63K for 2024. There is no earlier filing to compare it against.

How many people does FTFT UK LIMITED employ?

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FTFT UK LIMITED reported 6 employees in 2024, compared with 8 in 2023.

How have FTFT UK LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, FTFT UK LIMITED's net assets fell by 257%, total assets fell by 13.1% and employee numbers fell by 25%. Total assets contracted at 6.8% a year across the two years to 2024, from £1.69M to £1.47M. Reported headcount went from 8 in 2022 to 6 in 2024 (-2).

Which years of FTFT UK LIMITED financial data are available?

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Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.