GROUNDLINK CLEANING UK LIMITED Financials
- Company number
- 08205174CopyCopy
- Registered office
- Units 1 & 2, Provost Centre Provost Way, London Luton Airport, Luton LU2 9PB
- Incorporated
- 06/09/2012
Company snapshot
- Status
- Active
- Employees
- 50 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
77.98K%vs 20222022: £84.00
Total Assets
23.34%vs 20222022: £461.96K
Cash in Bank
-3.93%vs 20222022: £109.04K
Total Liabilities
9.16%vs 20222022: £461.88K
Employees
+7vs 20222022: 43
In 2023, GROUNDLINK CLEANING UK LIMITED reported net assets of £65.59K. The same filing shows total assets of £569.77K, cash in bank of £104.75K and total liabilities of £504.18K. Reported headcount was 50 in 2023. Total Assets rose from £461.96K in 2022 to £569.77K in 2023 (23.34%). Okredo holds filed figures for 2021–2023; 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
77.98K%from £84.00 in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures GROUNDLINK CLEANING UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
+48%vs 2021+21.6% a year compound (CAGR)
Total Assets
+29.9%vs 2021+14% a year compound (CAGR)
Total Liabilities
-14.1%vs 2021-7.3% a year compound (CAGR)
Employees
+28.2%vs 2021+11Biggest increase
Cash in Bank+48%
£70.79K in 2021 to £104.75K in 2023
Biggest decrease
Total Liabilities-14.1%
£586.72K in 2021 to £504.18K in 2023
GROUNDLINK CLEANING UK LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GROUNDLINK CLEANING 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
- 11.51%2023
- 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
- 88.49%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
- 20.78%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
- 18.38%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £48.12K2023
- 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 GROUNDLINK CLEANING UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -148.18K | 84.00 | 65.59K |
| Total Assets£ | 438.54K | 461.96K | 569.77K |
| Cash in Bank£ | 70.79K | 109.04K | 104.75K |
| Total Liabilities£ | 586.72K | 461.88K | 504.18K |
| Employees | 39 | 43 | 50 |
GROUNDLINK CLEANING UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GROUNDLINK CLEANING UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GROUNDLINK CLEANING UK LIMITED reported net assets of £65.59K for 2023. That compares with £84.00 in 2022, a change of 77.98K%.
GROUNDLINK CLEANING UK LIMITED reported total assets of £569.77K for 2023. That compares with £461.96K in 2022, a change of 23.34%.
GROUNDLINK CLEANING UK LIMITED reported cash in bank of £104.75K for 2023. That compares with £109.04K in 2022, a change of -3.93%.
GROUNDLINK CLEANING UK LIMITED reported 50 employees in 2023, compared with 43 in 2022.
Between 2021 and 2023, GROUNDLINK CLEANING UK LIMITED's cash in bank rose by 48%, total assets rose by 29.9%, total liabilities fell by 14.1% and employee numbers rose by 28.2%. Cash in bank compounded at 21.6% a year across the two years to 2023, from £70.79K to £104.75K. Reported headcount went from 39 in 2021 to 50 in 2023 (+11).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.