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IXL PREMFINA LIMITED Financials

Company number
07476127Copy
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Registered office
Tintagel House 92 Albert Embankment, Vauxhall, London SE1 7TY
Incorporated
22/12/2010

Company snapshot

Status
Active
Employees
12 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£-42.12M2024
-10.12%vs 2023

2023: £-38.25M

Total Assets

£15.17M2024
101.74%vs 2023

2023: £7.52M

Cash in Bank

£265.21K2024
64.79%vs 2023

2023: £160.93K

Total Liabilities

£57.18M2024
25.33%vs 2023

2023: £45.63M

Employees

122024
-4vs 2023

2023: 16

In 2024, IXL PREMFINA LIMITED reported net assets of £-42.12M. The same filing shows total assets of £15.17M, cash in bank of £265.21K and total liabilities of £57.18M. Reported headcount was 12 in 2024. Total Liabilities rose from £45.63M in 2023 to £57.18M in 2024 (25.33%). 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

£-42.12M2024
-10.12%from £-38.25M 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 IXL PREMFINA LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-33.77M2022£-42.12M2024
Decreasedvs 2022

Cash in Bank

£102.02K2022£265.21K2024
+160%vs 2022

+61.2% a year compound (CAGR)

Total Assets

£3.36M2022£15.17M2024
+351%vs 2022

+112% a year compound (CAGR)

Total Liabilities

£36.98M2022£57.18M2024
+54.6%vs 2022

+24.3% a year compound (CAGR)

Employees

242022122024
-50%vs 2022-12

Biggest increase

Total Assets+351%

£3.36M in 2022 to £15.17M in 2024

Biggest decrease

Employees-50%

24 in 2022 to 12 in 2024

IXL PREMFINA LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IXL PREMFINA 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
-277.62%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
376.85%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
0.46%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
1.75%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 IXL PREMFINA LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-27.67M-33.77M-38.25M-42.12M
Total Assets£1.28M3.36M7.52M15.17M
Cash in Bank£267.75K102.02K160.93K265.21K
Total Liabilities£28.78M36.98M45.63M57.18M
Employees21241612

IXL PREMFINA LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has IXL PREMFINA LIMITED filed financial statements?

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

What net assets did IXL PREMFINA LIMITED report in 2024?

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IXL PREMFINA LIMITED reported net assets of £-42.12M for 2024. That compares with £-38.25M in 2023, a change of -10.12%.

What total assets did IXL PREMFINA LIMITED report in 2024?

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IXL PREMFINA LIMITED reported total assets of £15.17M for 2024. That compares with £7.52M in 2023, a change of 101.74%.

What cash in bank did IXL PREMFINA LIMITED report in 2024?

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IXL PREMFINA LIMITED reported cash in bank of £265.21K for 2024. That compares with £160.93K in 2023, a change of 64.79%.

How many people does IXL PREMFINA LIMITED employ?

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IXL PREMFINA LIMITED reported 12 employees in 2024, compared with 16 in 2023.

How have IXL PREMFINA LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, IXL PREMFINA LIMITED's cash in bank rose by 160%, total assets rose by 351%, total liabilities rose by 54.6% and employee numbers fell by 50%. Cash in bank compounded at 61.2% a year across the two years to 2024, from £102.02K to £265.21K. Reported headcount went from 24 in 2022 to 12 in 2024 (-12).

Which years of IXL PREMFINA 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.