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KARAK ENTERPRISES LTD Financials

Company number
12892204Copy
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Registered office
241 Farnham Road, Slough SL2 1DE
Incorporated
21/09/2020

Company snapshot

Status
Active
Employees
14 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-179.18K2023
-200.54%vs 2022

2022: £-59.62K

Total Assets

£236.67K2023
51.50%vs 2022

2022: £156.22K

Total Liabilities

£415.84K2023
92.67%vs 2022

2022: £215.84K

Employees

142023
-2vs 2022

2022: 16

In 2023, KARAK ENTERPRISES LTD reported net assets of £-179.18K. The same filing shows total assets of £236.67K and total liabilities of £415.84K. Reported headcount was 14 in 2023. Total Liabilities rose from £215.84K in 2022 to £415.84K in 2023 (92.67%). 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

£-179.18K2023
-200.54%from £-59.62K in 2022

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 KARAK ENTERPRISES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£9.29K2021£-179.18K2023
-2028%vs 2021

Total Assets

£181.32K2021£236.67K2023
+30.5%vs 2021

+14.2% a year compound (CAGR)

Total Liabilities

£172.03K2021£415.84K2023
+142%vs 2021

+55.5% a year compound (CAGR)

Employees

162021142023
-12.5%vs 2021-2

Biggest increase

Total Liabilities+142%

£172.03K in 2021 to £415.84K in 2023

Biggest decrease

Net Assets-2028%

£9.29K in 2021 to £-179.18K in 2023

KARAK ENTERPRISES LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 KARAK ENTERPRISES LTD'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
-75.71%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
175.71%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for KARAK ENTERPRISES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£9.29K-59.62K-179.18K
Total Assets£181.32K156.22K236.67K
Cash in Bank£–––
Total Liabilities£172.03K215.84K415.84K
Employees161614

KARAK ENTERPRISES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has KARAK ENTERPRISES LTD filed financial statements?

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Yes. Okredo holds filed figures for KARAK ENTERPRISES LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

What net assets did KARAK ENTERPRISES LTD report in 2023?

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KARAK ENTERPRISES LTD reported net assets of £-179.18K for 2023. That compares with £-59.62K in 2022, a change of -200.54%.

What total assets did KARAK ENTERPRISES LTD report in 2023?

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KARAK ENTERPRISES LTD reported total assets of £236.67K for 2023. That compares with £156.22K in 2022, a change of 51.50%.

What total liabilities did KARAK ENTERPRISES LTD report in 2023?

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KARAK ENTERPRISES LTD reported total liabilities of £415.84K for 2023. That compares with £215.84K in 2022, a change of 92.67%.

How many people does KARAK ENTERPRISES LTD employ?

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KARAK ENTERPRISES LTD reported 14 employees in 2023, compared with 16 in 2022.

How have KARAK ENTERPRISES LTD financials changed over the last 3 years?

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Between 2021 and 2023, KARAK ENTERPRISES LTD's net assets fell by 2028%, total assets rose by 30.5%, total liabilities rose by 142% and employee numbers fell by 12.5%. Total assets compounded at 14.2% a year across the two years to 2023, from £181.32K to £236.67K. Reported headcount went from 16 in 2021 to 14 in 2023 (-2).

Which years of KARAK ENTERPRISES LTD financial data are available?

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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.