LBG MEDICAL LTD Financials
- Company number
- 01498237CopyCopy
- Registered office
- K362 The Octagon Building Beaconside Business Village, Weston Road, Stafford, Staffordshire ST18 0BF
- Incorporated
- 22/05/1980
Company snapshot
- Status
- Active
- Employees
- 26 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-29.72%vs 20232023: £717.23K
Total Assets
-31.95%vs 20232023: £2.64M
Cash in Bank
219.28%vs 20232023: £10.08K
Total Liabilities
-34.72%vs 20232023: £1.73M
Employees
-16vs 20232023: 42
In 2024, LBG MEDICAL LTD reported net assets of £504.05K. The same filing shows total assets of £1.79M, cash in bank of £32.17K and total liabilities of £1.13M. Reported headcount was 26 in 2024. Total Assets fell from £2.64M in 2023 to £1.79M in 2024 (-31.95%). 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
-29.72%from £717.23K 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 LBG MEDICAL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-44.1%vs 2022-25.2% a year compound (CAGR)
Cash in Bank
-33.1%vs 2022-18.2% a year compound (CAGR)
Total Assets
-36.7%vs 2022-20.4% a year compound (CAGR)
Total Liabilities
-33.9%vs 2022-18.7% a year compound (CAGR)
Employees
-40.9%vs 2022-18Biggest decrease
Net Assets-44.1%
£901.02K in 2022 to £504.05K in 2024
Every indicator Okredo holds for LBG MEDICAL LTD fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LBG MEDICAL 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
- 28.09%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
- 63.04%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
- 2.84%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
- 1.79%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £92.22K2024
- 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 LBG MEDICAL 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£ | 1.01M | 901.02K | 717.23K | 504.05K |
| Total Assets£ | 3.07M | 2.83M | 2.64M | 1.79M |
| Cash in Bank£ | 319.44K | 48.11K | 10.08K | 32.17K |
| Total Liabilities£ | 1.78M | 1.71M | 1.73M | 1.13M |
| Employees | 44 | 44 | 42 | 26 |
LBG MEDICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LBG MEDICAL LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LBG MEDICAL LTD reported net assets of £504.05K for 2024. That compares with £717.23K in 2023, a change of -29.72%.
LBG MEDICAL LTD reported total assets of £1.79M for 2024. That compares with £2.64M in 2023, a change of -31.95%.
LBG MEDICAL LTD reported cash in bank of £32.17K for 2024. That compares with £10.08K in 2023, a change of 219.28%.
LBG MEDICAL LTD reported 26 employees in 2024, compared with 42 in 2023.
Between 2022 and 2024, LBG MEDICAL LTD's net assets fell by 44.1%, cash in bank fell by 33.1%, total assets fell by 36.7% and total liabilities fell by 33.9%. Net assets contracted at 25.2% a year across the two years to 2024, from £901.02K to £504.05K. Reported headcount went from 44 in 2022 to 26 in 2024 (-18).
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.