FUTURE LABS GROUP LIMITED Financials
- Company number
- 12462352Copy
Copy - Registered office
- 3 Goldington Road, Bedford MK40 3JY
- Incorporated
- 13/02/2020
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-44.70%vs 20232023: £446.62K
Total Assets
-42.89%vs 20232023: £454.61K
Cash in Bank
-43.59%vs 20232023: £447.31K
Total Liabilities
57.93%vs 20232023: £7.98K
Employees
+1vs 20232023: 6
In 2024, FUTURE LABS GROUP LIMITED reported net assets of £247.00K. The same filing shows total assets of £259.61K, cash in bank of £252.32K and total liabilities of £12.60K. Reported headcount was 7 in 2024. Net Assets fell from £446.62K in 2023 to £247.00K in 2024 (-44.70%). 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
-44.70%from £446.62K 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 FUTURE LABS GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1574%vs 2022+309% a year compound (CAGR)
Cash in Bank
+864%vs 2022+211% a year compound (CAGR)
Total Assets
+892%vs 2022+215% a year compound (CAGR)
Total Liabilities
+10.5%vs 2022+5.1% a year compound (CAGR)
Employees
+250%vs 2022+5Biggest increase
Net Assets+1574%
£14.76K in 2022 to £247.00K in 2024
Every indicator Okredo holds for FUTURE LABS GROUP LIMITED 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 FUTURE LABS GROUP 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
- 95.14%2024
- Liabilities to total assets
- 4.86%2024
- Cash to liabilities
- 2,001.88%2024
- Cash to total assets
- 97.19%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 FUTURE LABS GROUP 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£ | 24.53K | 14.76K | 446.62K | 247.00K |
| Total Assets£ | – | 26.17K | 454.61K | 259.61K |
| Cash in Bank£ | 31.38K | 26.17K | 447.31K | 252.32K |
| Total Liabilities£ | 0.00 | 11.41K | 7.98K | 12.60K |
| Employees | 3 | 2 | 6 | 7 |
FUTURE LABS GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FUTURE LABS GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for FUTURE LABS GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FUTURE LABS GROUP LIMITED report in 2024?
FUTURE LABS GROUP LIMITED reported net assets of £247.00K for 2024. That compares with £446.62K in 2023, a change of -44.70%.
What total assets did FUTURE LABS GROUP LIMITED report in 2024?
FUTURE LABS GROUP LIMITED reported total assets of £259.61K for 2024. That compares with £454.61K in 2023, a change of -42.89%.
What cash in bank did FUTURE LABS GROUP LIMITED report in 2024?
FUTURE LABS GROUP LIMITED reported cash in bank of £252.32K for 2024. That compares with £447.31K in 2023, a change of -43.59%.
How many people does FUTURE LABS GROUP LIMITED employ?
FUTURE LABS GROUP LIMITED reported 7 employees in 2024, compared with 6 in 2023.
How have FUTURE LABS GROUP LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FUTURE LABS GROUP LIMITED's net assets rose by 1574%, cash in bank rose by 864%, total assets rose by 892% and total liabilities rose by 10.5%. Net assets compounded at 309% a year across the two years to 2024, from £14.76K to £247.00K. Reported headcount went from 2 in 2022 to 7 in 2024 (+5).
Which years of FUTURE LABS GROUP LIMITED financial data are available?
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.