HOW TO ACADEMY LIMITED Financials
- Company number
- 08473393CopyCopy
- Registered office
- First Floor, Northburgh House, 10 Northburgh Street, London EC1V 0AT
- Incorporated
- 04/04/2013
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
2022: £77.52K
Total Assets
2022: £92.47K
Cash in Bank
2022: £3.68K
Total Liabilities
2021: £44.89K
Employees
2022: 5
In 2023, HOW TO ACADEMY LIMITED reported net assets of £15.95K. The same filing shows total assets of £70.81K, cash in bank of £13.10K and total liabilities of £54.87K. Reported headcount was 6 in 2023. Net Assets fell from £77.52K in 2022 to £15.95K in 2023 (-79.43%). 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
Year-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 HOW TO ACADEMY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-69.1% a year compound (CAGR)
Cash in Bank
-61.2% a year compound (CAGR)
Total Assets
-42.2% a year compound (CAGR)
Total Liabilities
+10.6% a year compound (CAGR)
Filed for 2021 and 2023 only
Employees
Biggest increase
Employees+50%
4 in 2021 to 6 in 2023
Biggest decrease
Net Assets-90.4%
£166.88K in 2021 to £15.95K in 2023
HOW TO ACADEMY LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HOW TO ACADEMY 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
- 22.52%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
- 77.48%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
- 23.87%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
- 18.49%2023
- 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 HOW TO ACADEMY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 166.88K | 77.52K | 15.95K |
| Total Assets£ | 211.77K | 92.47K | 70.81K |
| Cash in Bank£ | 87.00K | 3.68K | 13.10K |
| Total Liabilities£ | 44.89K | – | 54.87K |
| Employees | 4 | 5 | 6 |
HOW TO ACADEMY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HOW TO ACADEMY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
HOW TO ACADEMY LIMITED reported net assets of £15.95K for 2023. That compares with £77.52K in 2022, a change of -79.43%.
HOW TO ACADEMY LIMITED reported total assets of £70.81K for 2023. That compares with £92.47K in 2022, a change of -23.42%.
HOW TO ACADEMY LIMITED reported cash in bank of £13.10K for 2023. That compares with £3.68K in 2022, a change of 255.87%.
HOW TO ACADEMY LIMITED reported 6 employees in 2023, compared with 5 in 2022.
Between 2021 and 2023, HOW TO ACADEMY LIMITED's net assets fell by 90.4%, cash in bank fell by 84.9%, total assets fell by 66.6% and total liabilities rose by 22.2%. Net assets contracted at 69.1% a year across the two years to 2023, from £166.88K to £15.95K. Reported headcount went from 4 in 2021 to 6 in 2023 (+2).
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.