Active

LABB LTD Financials

Company number
08888815Copy
Copy
Registered office
93-94 Queens Road, Brighton BN1 3XE
Incorporated
12/02/2014

Company snapshot

Status
Active
Employees
30 (2023)
Latest financial data
2023
Accounts type
Small

Financial highlights

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

Net Assets

£724.77K2023
203.91%vs 2022

2022: £238.48K

Total Assets

£1.63M2023
31.97%vs 2022

2022: £1.23M

Cash in Bank

£827.27K2023
50.28%vs 2022

2022: £550.47K

Total Liabilities

£875.51K2023
-10.09%vs 2022

2022: £973.79K

Employees

302023
+3vs 2022

2022: 27

In 2023, LABB LTD reported net assets of £724.77K. The same filing shows total assets of £1.63M, cash in bank of £827.27K and total liabilities of £875.51K. Reported headcount was 30 in 2023. Net Assets rose from £238.48K in 2022 to £724.77K in 2023 (203.91%). 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

£724.77K2023
203.91%from £238.48K 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 LABB LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£195.98K2021£724.77K2023
+270%vs 2021

+92.3% a year compound (CAGR)

Cash in Bank

£40.96K2021£827.27K2023
+1920%vs 2021

+349% a year compound (CAGR)

Total Assets

£368.85K2021£1.63M2023
+341%vs 2021

+110% a year compound (CAGR)

Total Liabilities

£162.85K2021£875.51K2023
+438%vs 2021

+132% a year compound (CAGR)

Employees

102021302023
+200%vs 2021+20

Biggest increase

Cash in Bank+1920%

£40.96K in 2021 to £827.27K in 2023

Every indicator Okredo holds for LABB LTD rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LABB 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
44.57%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
53.85%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
94.49%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
50.88%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 LABB LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£195.98K238.48K724.77K
Total Assets£368.85K1.23M1.63M
Cash in Bank£40.96K550.47K827.27K
Total Liabilities£162.85K973.79K875.51K
Employees102730

LABB LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for LABB LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

LABB LTD reported net assets of £724.77K for 2023. That compares with £238.48K in 2022, a change of 203.91%.

LABB LTD reported total assets of £1.63M for 2023. That compares with £1.23M in 2022, a change of 31.97%.

LABB LTD reported cash in bank of £827.27K for 2023. That compares with £550.47K in 2022, a change of 50.28%.

LABB LTD reported 30 employees in 2023, compared with 27 in 2022.

Between 2021 and 2023, LABB LTD's net assets rose by 270%, cash in bank rose by 1920%, total assets rose by 341% and total liabilities rose by 438%. Net assets compounded at 92.3% a year across the two years to 2023, from £195.98K to £724.77K. Reported headcount went from 10 in 2021 to 30 in 2023 (+20).

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.