LAKE FABRICATIONS LIMITED Financials
- Company number
- 07713548CopyCopy
- Registered office
- Royal Sea Bathing, Canterbury Road, Margate, Kent CT9 5NT
- Incorporated
- 21/07/2011
Company snapshot
- Status
- Dissolved
- Employees
- 14 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-627.93%vs 20222022: £57.23K
Total Assets
29.78%vs 20222022: £307.10K
Cash in Bank
34.44%vs 20222022: £13.28K
Total Liabilities
180.41%vs 20222022: £249.87K
Employees
0vs 20222022: 14
In 2023, LAKE FABRICATIONS LIMITED reported net assets of £-302.13K. The same filing shows total assets of £398.54K, cash in bank of £17.85K and total liabilities of £700.67K. Reported headcount was 14 in 2023. Total Liabilities rose from £249.87K in 2022 to £700.67K in 2023 (180.41%). 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
-627.93%from £57.23K in 2022Year-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 LAKE FABRICATIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-1143%vs 2021Total Assets
+266%vs 2021+91.3% a year compound (CAGR)
Total Liabilities
+775%vs 2021+196% a year compound (CAGR)
Employees
+75%vs 2021+6Biggest increase
Total Liabilities+775%
£80.08K in 2021 to £700.67K in 2023
Biggest decrease
Net Assets-1143%
£28.98K in 2021 to £-302.13K in 2023
LAKE FABRICATIONS LIMITED'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 LAKE FABRICATIONS 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
- -75.81%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
- 175.81%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
- 2.55%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
- 4.48%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 LAKE FABRICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 28.98K | 57.23K | -302.13K |
| Total Assets£ | 108.96K | 307.10K | 398.54K |
| Cash in Bank£ | – | 13.28K | 17.85K |
| Total Liabilities£ | 80.08K | 249.87K | 700.67K |
| Employees | 8 | 14 | 14 |
LAKE FABRICATIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAKE FABRICATIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LAKE FABRICATIONS LIMITED reported net assets of £-302.13K for 2023. That compares with £57.23K in 2022, a change of -627.93%.
LAKE FABRICATIONS LIMITED reported total assets of £398.54K for 2023. That compares with £307.10K in 2022, a change of 29.78%.
LAKE FABRICATIONS LIMITED reported cash in bank of £17.85K for 2023. That compares with £13.28K in 2022, a change of 34.44%.
LAKE FABRICATIONS LIMITED reported 14 employees in 2023, compared with 14 in 2022.
Between 2021 and 2023, LAKE FABRICATIONS LIMITED's net assets fell by 1143%, total assets rose by 266%, total liabilities rose by 775% and employee numbers rose by 75%. Total assets compounded at 91.3% a year across the two years to 2023, from £108.96K to £398.54K. Reported headcount went from 8 in 2021 to 14 in 2023 (+6).
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.