LB FINANCIAL SOLUTIONS LIMITED Financials
- Company number
- 07942025Copy
Copy - Registered office
- Swift House, Ground Floor, 18 Hoffmanns Way, Chelmsford, Essex CM1 1GU
- Incorporated
- 08/02/2012
Company snapshot
- Status
- Active
- Employees
- 11 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-91.03%vs 20222022: £179.24K
Total Assets
-69.25%vs 20222022: £316.54K
Cash in Bank
-5.22%vs 20222022: £22.48K
Total Liabilities
-40.89%vs 20222022: £134.94K
Employees
-1vs 20222022: 12
In 2023, LB FINANCIAL SOLUTIONS LIMITED reported net assets of £16.07K. The same filing shows total assets of £97.33K, cash in bank of £21.31K and total liabilities of £79.77K. Reported headcount was 11 in 2023. Total Assets fell from £316.54K in 2022 to £97.33K in 2023 (-69.25%). 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
-91.03%from £179.24K 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 LB FINANCIAL SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-88.4%vs 2021-65.9% a year compound (CAGR)
Cash in Bank
-89%vs 2021-66.8% a year compound (CAGR)
Total Assets
-69.8%vs 2021-45.1% a year compound (CAGR)
Total Liabilities
-56.7%vs 2021-34.2% a year compound (CAGR)
Employees
+10%vs 2021+1Biggest increase
Employees+10%
10 in 2021 to 11 in 2023
Biggest decrease
Cash in Bank-89%
£193.26K in 2021 to £21.31K in 2023
LB FINANCIAL SOLUTIONS LIMITED'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LB FINANCIAL SOLUTIONS 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
- 16.51%2023
- Liabilities to total assets
- 81.96%2023
- Cash to liabilities
- 26.71%2023
- Cash to total assets
- 21.89%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 LB FINANCIAL SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 138.23K | 179.24K | 16.07K |
| Total Assets£ | 322.43K | 316.54K | 97.33K |
| Cash in Bank£ | 193.26K | 22.48K | 21.31K |
| Total Liabilities£ | 184.20K | 134.94K | 79.77K |
| Employees | 10 | 12 | 11 |
LB FINANCIAL SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LB FINANCIAL SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for LB FINANCIAL SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did LB FINANCIAL SOLUTIONS LIMITED report in 2023?
LB FINANCIAL SOLUTIONS LIMITED reported net assets of £16.07K for 2023. That compares with £179.24K in 2022, a change of -91.03%.
What total assets did LB FINANCIAL SOLUTIONS LIMITED report in 2023?
LB FINANCIAL SOLUTIONS LIMITED reported total assets of £97.33K for 2023. That compares with £316.54K in 2022, a change of -69.25%.
What cash in bank did LB FINANCIAL SOLUTIONS LIMITED report in 2023?
LB FINANCIAL SOLUTIONS LIMITED reported cash in bank of £21.31K for 2023. That compares with £22.48K in 2022, a change of -5.22%.
How many people does LB FINANCIAL SOLUTIONS LIMITED employ?
LB FINANCIAL SOLUTIONS LIMITED reported 11 employees in 2023, compared with 12 in 2022.
How have LB FINANCIAL SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, LB FINANCIAL SOLUTIONS LIMITED's net assets fell by 88.4%, cash in bank fell by 89%, total assets fell by 69.8% and total liabilities fell by 56.7%. Net assets contracted at 65.9% a year across the two years to 2023, from £138.23K to £16.07K. Reported headcount went from 10 in 2021 to 11 in 2023 (+1).
Which years of LB FINANCIAL SOLUTIONS LIMITED financial data are available?
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.