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HOMESOLVE LIMITED Financials

Company number
07448280Copy
Copy
Registered office
First Floor, Winston House, 349 Regents Park Road, London N3 1DH
Incorporated
23/11/2010

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

£314.002024
-88.83%vs 2023

2023: £2.81K

Total Assets

£1.02M2024
24.48%vs 2023

2023: £821.32K

Cash in Bank

£90.79K2024
-84.35%vs 2023

2023: £580.25K

Total Liabilities

£1.02M2024
24.87%vs 2023

2023: £818.51K

Employees

72024
+2vs 2023

2023: 5

In 2024, HOMESOLVE LIMITED reported net assets of £314.00. The same filing shows total assets of £1.02M, cash in bank of £90.79K and total liabilities of £1.02M. Reported headcount was 7 in 2024. Cash in Bank fell from £580.25K in 2023 to £90.79K in 2024 (-84.35%). 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

£314.002024
-88.83%from £2.81K in 2023

Year-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 HOMESOLVE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.58M2022£314.002024
-100%vs 2022

-98.9% a year compound (CAGR)

Cash in Bank

£152.39K2022£90.79K2024
-40.4%vs 2022

-22.8% a year compound (CAGR)

Total Assets

£3.96M2022£1.02M2024
-74.2%vs 2022

-49.2% a year compound (CAGR)

Total Liabilities

£1.38M2022£1.02M2024
-26.2%vs 2022

-14.1% a year compound (CAGR)

Employees

8202272024
-12.5%vs 2022-1

Biggest decrease

Net Assets-100%

£2.58M in 2022 to £314.00 in 2024

Every indicator Okredo holds for HOMESOLVE LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from HOMESOLVE 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
0.03%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
99.97%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
8.88%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
8.88%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 HOMESOLVE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.12M2.58M2.81K314.00
Total Assets£2.71M3.96M821.32K1.02M
Cash in Bank£1.05M152.39K580.25K90.79K
Total Liabilities£589.04K1.38M818.51K1.02M
Employees5857

HOMESOLVE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for HOMESOLVE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

HOMESOLVE LIMITED reported net assets of £314.00 for 2024. That compares with £2.81K in 2023, a change of -88.83%.

HOMESOLVE LIMITED reported total assets of £1.02M for 2024. That compares with £821.32K in 2023, a change of 24.48%.

HOMESOLVE LIMITED reported cash in bank of £90.79K for 2024. That compares with £580.25K in 2023, a change of -84.35%.

HOMESOLVE LIMITED reported 7 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, HOMESOLVE LIMITED's net assets fell by 100%, cash in bank fell by 40.4%, total assets fell by 74.2% and total liabilities fell by 26.2%. Net assets contracted at 98.9% a year across the two years to 2024, from £2.58M to £314.00. Reported headcount went from 8 in 2022 to 7 in 2024 (-1).

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.