LAVASOURCE LTD Financials
- Company number
- 12473950CopyCopy
- Registered office
- The Innovation Centre Keckwick Lane, Daresbury, Warrington, Cheshire WA4 4FS
- Incorporated
- 20/02/2020
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
160.09%vs 20232023: £-83.50K
Total Assets
1.32K%vs 20232023: £44.36K
Cash in Bank
-90.97%vs 20232023: £34.78K
Total Liabilities
343.40%vs 20232023: £127.08K
Employees
+12vs 20232023: 3
In 2024, LAVASOURCE LTD reported net assets of £50.18K. The same filing shows total assets of £628.52K, cash in bank of £3.14K and total liabilities of £563.45K. Reported headcount was 15 in 2024. Total Assets rose from £44.36K in 2023 to £628.52K in 2024 (1.32K%). Okredo holds filed figures for 2021–2024; 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
160.09%from £-83.50K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LAVASOURCE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+550%vs 2022+155% a year compound (CAGR)
Total Assets
+4047%vs 2022+544% a year compound (CAGR)
Total Liabilities
+368%vs 2022+116% a year compound (CAGR)
Employees
+400%vs 2022+12Biggest increase
Total Assets+4047%
£15.16K in 2022 to £628.52K in 2024
Every indicator Okredo holds for LAVASOURCE LTD rose between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with net assets, cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LAVASOURCE 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
- 7.98%2024
- 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
- 89.65%2024
- 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
- 0.56%2024
- 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
- 0.50%2024
- 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 LAVASOURCE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 100.00 | -105.80K | -83.50K | 50.18K |
| Total Assets£ | – | 15.16K | 44.36K | 628.52K |
| Cash in Bank£ | – | 483.00 | 34.78K | 3.14K |
| Total Liabilities£ | 0.00 | 120.47K | 127.08K | 563.45K |
| Employees | 0 | 3 | 3 | 15 |
LAVASOURCE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAVASOURCE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LAVASOURCE LTD reported net assets of £50.18K for 2024. That compares with £-83.50K in 2023, a change of 160.09%.
LAVASOURCE LTD reported total assets of £628.52K for 2024. That compares with £44.36K in 2023, a change of 1.32K%.
LAVASOURCE LTD reported cash in bank of £3.14K for 2024. That compares with £34.78K in 2023, a change of -90.97%.
LAVASOURCE LTD reported 15 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, LAVASOURCE LTD's cash in bank rose by 550%, total assets rose by 4047%, total liabilities rose by 368% and employee numbers rose by 400%. Cash in bank compounded at 155% a year across the two years to 2024, from £483.00 to £3.14K. Reported headcount went from 3 in 2022 to 15 in 2024 (+12).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.