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IG PALM HOTEL OPCO LIMITED Financials

Company number
06475698Copy
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Registered office
Interland Group, 73 Maygrove Road, London NW6 2EG
Incorporated
17/01/2008

Company snapshot

Status
Active
Employees
9 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£4.31M2024
26.70%vs 2023

2023: £3.40M

Total Assets

£4.73M2024
14.51%vs 2023

2023: £4.13M

Cash in Bank

£23.97K2024
-84.94%vs 2023

2023: £159.16K

Total Liabilities

£423.53K2024
-38.75%vs 2023

2023: £691.50K

Employees

92024
0vs 2023

2023: 9

In 2024, IG PALM HOTEL OPCO LIMITED reported net assets of £4.31M. The same filing shows total assets of £4.73M, cash in bank of £23.97K and total liabilities of £423.53K. Reported headcount was 9 in 2024. Net Assets rose from £3.40M in 2023 to £4.31M in 2024 (26.70%). 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

£4.31M2024
26.70%from £3.40M 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 IG PALM HOTEL OPCO LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.31M2022£4.31M2024
+228%vs 2022

+81.2% a year compound (CAGR)

Cash in Bank

£762.02K2022£23.97K2024
-96.9%vs 2022

-82.3% a year compound (CAGR)

Total Assets

£1.86M2022£4.73M2024
+155%vs 2022

+59.5% a year compound (CAGR)

Total Liabilities

£473.46K2022£423.53K2024
-10.5%vs 2022

-5.4% a year compound (CAGR)

Employees

9202292024
0%vs 2022

Biggest increase

Net Assets+228%

£1.31M in 2022 to £4.31M in 2024

Biggest decrease

Cash in Bank-96.9%

£762.02K in 2022 to £23.97K in 2024

IG PALM HOTEL OPCO LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IG PALM HOTEL OPCO 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
91.05%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
8.95%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
5.66%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
0.51%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 IG PALM HOTEL OPCO LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£568.99K1.31M3.40M4.31M
Total Assets£1.38M1.86M4.13M4.73M
Cash in Bank£313.28K762.02K159.16K23.97K
Total Liabilities£806.81K473.46K691.50K423.53K
Employees16999

IG PALM HOTEL OPCO LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has IG PALM HOTEL OPCO LIMITED filed financial statements?

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

What net assets did IG PALM HOTEL OPCO LIMITED report in 2024?

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IG PALM HOTEL OPCO LIMITED reported net assets of £4.31M for 2024. That compares with £3.40M in 2023, a change of 26.70%.

What total assets did IG PALM HOTEL OPCO LIMITED report in 2024?

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IG PALM HOTEL OPCO LIMITED reported total assets of £4.73M for 2024. That compares with £4.13M in 2023, a change of 14.51%.

What cash in bank did IG PALM HOTEL OPCO LIMITED report in 2024?

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IG PALM HOTEL OPCO LIMITED reported cash in bank of £23.97K for 2024. That compares with £159.16K in 2023, a change of -84.94%.

How many people does IG PALM HOTEL OPCO LIMITED employ?

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IG PALM HOTEL OPCO LIMITED reported 9 employees in 2024, compared with 9 in 2023.

How have IG PALM HOTEL OPCO LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, IG PALM HOTEL OPCO LIMITED's net assets rose by 228%, cash in bank fell by 96.9%, total assets rose by 155% and total liabilities fell by 10.5%. Net assets compounded at 81.2% a year across the two years to 2024, from £1.31M to £4.31M. Reported headcount went from 9 in 2022 to 9 in 2024.

Which years of IG PALM HOTEL OPCO LIMITED financial data are available?

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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.