LAPSE LTD Financials
- Company number
- 12256780CopyCopy
- Registered office
- 23 Cobalt Building Lower Pemberton, Ashford, Kent TN25 4BF
- Incorporated
- 11/10/2019
Company snapshot
- Status
- Active
- Employees
- 23 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-24.55%vs 20242024: £20.99M
Total Assets
-24.59%vs 20242024: £21.33M
Cash in Bank
-28.09%vs 20242024: £20.71M
Total Liabilities
-24.46%vs 20242024: £203.12K
Employees
+6vs 20242024: 17
In 2025, LAPSE LTD reported net assets of £15.84M. The same filing shows total assets of £16.09M, cash in bank of £14.89M and total liabilities of £153.43K. Reported headcount was 23 in 2025. Cash in Bank fell from £20.71M in 2024 to £14.89M in 2025 (-28.09%). Okredo holds filed figures for 2021–2025; 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
-24.55%from £20.99M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures LAPSE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+304%vs 2023+101% a year compound (CAGR)
Cash in Bank
+323%vs 2023+106% a year compound (CAGR)
Total Assets
+288%vs 2023+97.1% a year compound (CAGR)
Total Liabilities
+1.5%vs 2023+0.7% a year compound (CAGR)
Employees
+109%vs 2023+12Biggest increase
Cash in Bank+323%
£3.52M in 2023 to £14.89M in 2025
Every indicator Okredo holds for LAPSE LTD rose between 2023 and 2025. 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 LAPSE 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
- 98.43%2025
- 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
- 0.95%2025
- 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
- 9,707.26%2025
- 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
- 92.58%2025
- 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 LAPSE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 603.80K | 6.59M | 3.92M | 20.99M | 15.84M |
| Total Assets£ | 714.47K | 6.70M | 4.14M | 21.33M | 16.09M |
| Cash in Bank£ | 410.83K | 5.85M | 3.52M | 20.71M | 14.89M |
| Total Liabilities£ | 102.89K | 49.06K | 151.19K | 203.12K | 153.43K |
| Employees | 3 | 9 | 11 | 17 | 23 |
LAPSE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAPSE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
LAPSE LTD reported net assets of £15.84M for 2025. That compares with £20.99M in 2024, a change of -24.55%.
LAPSE LTD reported total assets of £16.09M for 2025. That compares with £21.33M in 2024, a change of -24.59%.
LAPSE LTD reported cash in bank of £14.89M for 2025. That compares with £20.71M in 2024, a change of -28.09%.
LAPSE LTD reported 23 employees in 2025, compared with 17 in 2024.
Between 2023 and 2025, LAPSE LTD's net assets rose by 304%, cash in bank rose by 323%, total assets rose by 288% and total liabilities rose by 1.5%. Net assets compounded at 101% a year across the two years to 2025, from £3.92M to £15.84M. Reported headcount went from 11 in 2023 to 23 in 2025 (+12).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.