HERITAGE INTERNATIONAL LANGUAGES C.I.C. Financials
- Company number
- 11214395CopyCopy
- Registered office
- 36 Windsor Street, Liverpool L8 1XF
- Incorporated
- 20/02/2018
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-292.60%vs 20232023: £1.66K
Total Assets
-53.52%vs 20232023: £12.56K
Total Liabilities
-17.05%vs 20232023: £10.90K
Employees
-2vs 20232023: 6
In 2024, HERITAGE INTERNATIONAL LANGUAGES C.I.C. reported net assets of £-3.20K. The same filing shows total assets of £5.84K and total liabilities of £9.04K. Reported headcount was 4 in 2024. Total Assets fell from £12.56K in 2023 to £5.84K in 2024 (-53.52%). 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
-292.60%from £1.66K 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 HERITAGE INTERNATIONAL LANGUAGES C.I.C. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-169%vs 2022Total Assets
-67.2%vs 2022-42.7% a year compound (CAGR)
Total Liabilities
-31.5%vs 2022-17.2% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-169%
£4.61K in 2022 to £-3.20K in 2024
Every measure that changed in HERITAGE INTERNATIONAL LANGUAGES C.I.C.'s filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HERITAGE INTERNATIONAL LANGUAGES C.I.C.'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
- -54.83%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
- 154.83%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HERITAGE INTERNATIONAL LANGUAGES C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.90K | 4.61K | 1.66K | -3.20K |
| Total Assets£ | 12.06K | 17.81K | 12.56K | 5.84K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 10.15K | 13.20K | 10.90K | 9.04K |
| Employees | 5 | 4 | 6 | 4 |
HERITAGE INTERNATIONAL LANGUAGES C.I.C. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HERITAGE INTERNATIONAL LANGUAGES C.I.C. covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
HERITAGE INTERNATIONAL LANGUAGES C.I.C. reported net assets of £-3.20K for 2024. That compares with £1.66K in 2023, a change of -292.60%.
HERITAGE INTERNATIONAL LANGUAGES C.I.C. reported total assets of £5.84K for 2024. That compares with £12.56K in 2023, a change of -53.52%.
HERITAGE INTERNATIONAL LANGUAGES C.I.C. reported total liabilities of £9.04K for 2024. That compares with £10.90K in 2023, a change of -17.05%.
HERITAGE INTERNATIONAL LANGUAGES C.I.C. reported 4 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, HERITAGE INTERNATIONAL LANGUAGES C.I.C.'s net assets fell by 169%, total assets fell by 67.2%, total liabilities fell by 31.5% and employee numbers was unchanged. Total assets contracted at 42.7% a year across the two years to 2024, from £17.81K to £5.84K. Reported headcount went from 4 in 2022 to 4 in 2024.
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.