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LAKESIDE FASHION LTD Financials

Company number
11820588Copy
Copy
Registered office
Upper Floor Mahal Business Park Unit 7, Benson Street, Leicester LE5 4HB
Incorporated
11/02/2019

Company snapshot

Status
Active
Employees
7 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£191.97K2023
3.54%vs 2022

2022: £185.42K

Total Assets

£298.06K2023
2.25%vs 2022

2022: £291.51K

Cash in Bank

£19.90K2021
First reported year

Total Liabilities

£106.09K2023
No changevs 2022

2022: £106.09K

Employees

72023
-2vs 2022

2022: 9

In 2023, LAKESIDE FASHION LTD reported net assets of £191.97K. The same filing shows total assets of £298.06K, cash in bank of £19.90K and total liabilities of £106.09K. Reported headcount was 7 in 2023. Net Assets rose from £185.42K in 2022 to £191.97K in 2023 (3.54%). 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

£191.97K2023
3.54%from £185.42K 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 LAKESIDE FASHION LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£163.52K2021£191.97K2023
+17.4%vs 2021

+8.4% a year compound (CAGR)

Total Assets

£375.50K2021£298.06K2023
-20.6%vs 2021

-10.9% a year compound (CAGR)

Total Liabilities

£71.71K2021£106.09K2023
+47.9%vs 2021

+21.6% a year compound (CAGR)

Employees

14202172023
-50%vs 2021-7

Biggest increase

Total Liabilities+47.9%

£71.71K in 2021 to £106.09K in 2023

Biggest decrease

Employees-50%

14 in 2021 to 7 in 2023

LAKESIDE FASHION 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LAKESIDE FASHION 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
64.41%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
35.59%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
27.75%2021
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
5.30%2021
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 LAKESIDE FASHION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£163.52K185.42K191.97K
Total Assets£375.50K291.51K298.06K
Cash in Bank£19.90K––
Total Liabilities£71.71K106.09K106.09K
Employees1497

LAKESIDE FASHION LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

LAKESIDE FASHION LTD reported net assets of £191.97K for 2023. That compares with £185.42K in 2022, a change of 3.54%.

LAKESIDE FASHION LTD reported total assets of £298.06K for 2023. That compares with £291.51K in 2022, a change of 2.25%.

LAKESIDE FASHION LTD reported cash in bank of £19.90K for 2021. There is no earlier filing to compare it against.

LAKESIDE FASHION LTD reported 7 employees in 2023, compared with 9 in 2022.

Between 2021 and 2023, LAKESIDE FASHION LTD's net assets rose by 17.4%, total assets fell by 20.6%, total liabilities rose by 47.9% and employee numbers fell by 50%. Net assets compounded at 8.4% a year across the two years to 2023, from £163.52K to £191.97K. Reported headcount went from 14 in 2021 to 7 in 2023 (-7).

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.