GIG APP LIMITED Financials
- Company number
- 09703490CopyCopy
- Registered office
- 11 Beavor Lane, London W6 9AR
- Incorporated
- 27/07/2015
Company snapshot
- Status
- Active
- Employees
- 0 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
188.80%vs 20232023: £58.64K
Total Assets
50.82%vs 20232023: £1.39M
Cash in Bank
-60.24%vs 20232023: £92.15K
Total Liabilities
44.99%vs 20232023: £1.33M
Employees
-190vs 20232023: 190
In 2024, GIG APP LIMITED reported net assets of £169.35K. The same filing shows total assets of £2.10M, cash in bank of £36.64K and total liabilities of £1.93M. Reported headcount was 0 in 2024. Total Assets rose from £1.39M in 2023 to £2.10M in 2024 (50.82%). 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
188.80%from £58.64K 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 GIG APP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-48.4%vs 2022-28.2% a year compound (CAGR)
Cash in Bank
-86.4%vs 2022-63.2% a year compound (CAGR)
Total Assets
-41.8%vs 2022-23.7% a year compound (CAGR)
Total Liabilities
-41.1%vs 2022-23.3% a year compound (CAGR)
Employees
-100%vs 2022-593Biggest decrease
Employees-100%
593 in 2022 to 0 in 2024
Every indicator Okredo holds for GIG APP LIMITED fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GIG APP 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
- 8.05%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
- 91.79%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
- 1.90%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
- 1.74%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £20.40K2023
- 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 GIG APP 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£ | 178.72K | 328.16K | 58.64K | 169.35K |
| Total Assets£ | 4.64M | 3.61M | 1.39M | 2.10M |
| Cash in Bank£ | 350.44K | 270.01K | 92.15K | 36.64K |
| Total Liabilities£ | 4.46M | 3.28M | 1.33M | 1.93M |
| Employees | 708 | 593 | 190 | 0 |
GIG APP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GIG APP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GIG APP LIMITED reported net assets of £169.35K for 2024. That compares with £58.64K in 2023, a change of 188.80%.
GIG APP LIMITED reported total assets of £2.10M for 2024. That compares with £1.39M in 2023, a change of 50.82%.
GIG APP LIMITED reported cash in bank of £36.64K for 2024. That compares with £92.15K in 2023, a change of -60.24%.
GIG APP LIMITED reported 0 employees in 2024, compared with 190 in 2023.
Between 2022 and 2024, GIG APP LIMITED's net assets fell by 48.4%, cash in bank fell by 86.4%, total assets fell by 41.8% and total liabilities fell by 41.1%. Net assets contracted at 28.2% a year across the two years to 2024, from £328.16K to £169.35K. Reported headcount went from 593 in 2022 to 0 in 2024 (-593).
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.