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LAPWING UK. LTD Financials

Company number
08635354Copy
Copy
Registered office
Unit 3 Dadge Road, Keytec East Business Park, Pershore WR10 2NX
Incorporated
02/08/2013

Company snapshot

Status
Active
Employees
63 (2023)
Latest financial data
2023
Accounts type
Medium

Financial highlights

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

Net Assets

£7.29M2023
3.18%vs 2022

2022: £7.07M

Total Assets

£9.86M2023
-4.09%vs 2022

2022: £10.28M

Cash in Bank

£1.77M2023
44.48%vs 2022

2022: £1.23M

Total Liabilities

£2.59M2023
-20.12%vs 2022

2022: £3.24M

Employees

632023
+13vs 2022

2022: 50

In 2023, LAPWING UK. LTD reported net assets of £7.29M. The same filing shows total assets of £9.86M, cash in bank of £1.77M and total liabilities of £2.59M. Reported headcount was 63 in 2023. Total Liabilities fell from £3.24M in 2022 to £2.59M in 2023 (-20.12%). 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

£7.29M2023
3.18%from £7.07M 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 LAPWING UK. LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£5.84M2021£7.29M2023
+24.8%vs 2021

+11.7% a year compound (CAGR)

Cash in Bank

£1.83M2021£1.77M2023
-3.2%vs 2021

-1.6% a year compound (CAGR)

Total Assets

£9.77M2021£9.86M2023
+0.9%vs 2021

+0.5% a year compound (CAGR)

Total Liabilities

£3.96M2021£2.59M2023
-34.6%vs 2021

-19.1% a year compound (CAGR)

Employees

382021632023
+65.8%vs 2021+25

Biggest increase

Employees+65.8%

38 in 2021 to 63 in 2023

Biggest decrease

Total Liabilities-34.6%

£3.96M in 2021 to £2.59M in 2023

LAPWING UK. LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LAPWING UK. 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
73.98%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
26.26%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
68.46%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
17.97%2023
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£288.14K2023
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for LAPWING UK. LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£5.84M7.07M7.29M
Total Assets£9.77M10.28M9.86M
Cash in Bank£1.83M1.23M1.77M
Total Liabilities£3.96M3.24M2.59M
Employees385063

LAPWING UK. LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

LAPWING UK. LTD reported net assets of £7.29M for 2023. That compares with £7.07M in 2022, a change of 3.18%.

LAPWING UK. LTD reported total assets of £9.86M for 2023. That compares with £10.28M in 2022, a change of -4.09%.

LAPWING UK. LTD reported cash in bank of £1.77M for 2023. That compares with £1.23M in 2022, a change of 44.48%.

LAPWING UK. LTD reported 63 employees in 2023, compared with 50 in 2022.

Between 2021 and 2023, LAPWING UK. LTD's net assets rose by 24.8%, cash in bank fell by 3.2%, total assets rose by 0.9% and total liabilities fell by 34.6%. Net assets compounded at 11.7% a year across the two years to 2023, from £5.84M to £7.29M. Reported headcount went from 38 in 2021 to 63 in 2023 (+25).

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.