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KULT LONDON LTD Financials

Company number
12171009Copy
Copy
Registered office
2nd Floor 21-22 Gt Sutton Street, London EC1V 0DY
Incorporated
23/08/2019

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-437.36K2024
-29.64%vs 2023

2023: £-337.37K

Total Assets

£758.74K2024
-7.91%vs 2023

2023: £823.95K

Cash in Bank

£196.002024
-99.58%vs 2023

2023: £46.34K

Total Liabilities

£1.20M2024
2.99%vs 2023

2023: £1.16M

Employees

102024
+1vs 2023

2023: 9

In 2024, KULT LONDON LTD reported net assets of £-437.36K. The same filing shows total assets of £758.74K, cash in bank of £196.00 and total liabilities of £1.20M. Reported headcount was 10 in 2024. Net Assets fell from £-337.37K in 2023 to £-437.36K in 2024 (-29.64%). 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

£-437.36K2024
-29.64%from £-337.37K 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 KULT LONDON LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-511.74K2022£-437.36K2024
Increasedvs 2022

Cash in Bank

£47.95K2022£196.002024
-99.6%vs 2022

-93.6% a year compound (CAGR)

Total Assets

£782.24K2022£758.74K2024
-3%vs 2022

-1.5% a year compound (CAGR)

Total Liabilities

£1.29M2022£1.20M2024
-7.6%vs 2022

-3.9% a year compound (CAGR)

Employees

82022102024
+25%vs 2022+2

Biggest increase

Employees+25%

8 in 2022 to 10 in 2024

Biggest decrease

Cash in Bank-99.6%

£47.95K in 2022 to £196.00 in 2024

KULT LONDON LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 KULT LONDON 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
-57.64%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
157.64%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
0.02%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
0.03%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 KULT LONDON LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-401.30K-511.74K-337.37K-437.36K
Total Assets£717.93K782.24K823.95K758.74K
Cash in Bank£88.51K47.95K46.34K196.00
Total Liabilities£1.12M1.29M1.16M1.20M
Employees98910

KULT LONDON LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

KULT LONDON LTD reported net assets of £-437.36K for 2024. That compares with £-337.37K in 2023, a change of -29.64%.

KULT LONDON LTD reported total assets of £758.74K for 2024. That compares with £823.95K in 2023, a change of -7.91%.

KULT LONDON LTD reported cash in bank of £196.00 for 2024. That compares with £46.34K in 2023, a change of -99.58%.

KULT LONDON LTD reported 10 employees in 2024, compared with 9 in 2023.

Between 2022 and 2024, KULT LONDON LTD's cash in bank fell by 99.6%, total assets fell by 3%, total liabilities fell by 7.6% and employee numbers rose by 25%. Cash in bank contracted at 93.6% a year across the two years to 2024, from £47.95K to £196.00. Reported headcount went from 8 in 2022 to 10 in 2024 (+2).

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.