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LENDWISE LTD Financials

Company number
10466048Copy
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Registered office
Temple Chambers, 3-7 Temple Avenue, London EC4Y 0HP
Incorporated
07/11/2016

Company snapshot

Status
Active
Employees
9 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£522.59K2024
-0.57%vs 2023

2023: £525.60K

Total Assets

£747.28K2024
-28.67%vs 2023

2023: £1.05M

Cash in Bank

£369.67K2024
-53.25%vs 2023

2023: £790.83K

Total Liabilities

£223.55K2024
-56.91%vs 2023

2023: £518.84K

Employees

92024
-1vs 2023

2023: 10

In 2024, LENDWISE LTD reported net assets of £522.59K. The same filing shows total assets of £747.28K, cash in bank of £369.67K and total liabilities of £223.55K. Reported headcount was 9 in 2024. Cash in Bank fell from £790.83K in 2023 to £369.67K in 2024 (-53.25%). 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

£522.59K2024
-0.57%from £525.60K in 2023

Year-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 LENDWISE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£773.39K2022£522.59K2024
-32.4%vs 2022

-17.8% a year compound (CAGR)

Cash in Bank

£1.24M2022£369.67K2024
-70.2%vs 2022

-45.4% a year compound (CAGR)

Total Assets

£1.35M2022£747.28K2024
-44.7%vs 2022

-25.6% a year compound (CAGR)

Total Liabilities

£572.70K2022£223.55K2024
-61%vs 2022

-37.5% a year compound (CAGR)

Employees

10202292024
-10%vs 2022-1

Biggest decrease

Cash in Bank-70.2%

£1.24M in 2022 to £369.67K in 2024

Every indicator Okredo holds for LENDWISE LTD fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LENDWISE 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
69.93%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
29.92%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
165.36%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
49.47%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 LENDWISE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£339.81K773.39K525.60K522.59K
Total Assets£817.87K1.35M1.05M747.28K
Cash in Bank£736.47K1.24M790.83K369.67K
Total Liabilities£472.20K572.70K518.84K223.55K
Employees510109

LENDWISE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has LENDWISE LTD filed financial statements?

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Yes. Okredo holds filed figures for LENDWISE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did LENDWISE LTD report in 2024?

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LENDWISE LTD reported net assets of £522.59K for 2024. That compares with £525.60K in 2023, a change of -0.57%.

What total assets did LENDWISE LTD report in 2024?

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LENDWISE LTD reported total assets of £747.28K for 2024. That compares with £1.05M in 2023, a change of -28.67%.

What cash in bank did LENDWISE LTD report in 2024?

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LENDWISE LTD reported cash in bank of £369.67K for 2024. That compares with £790.83K in 2023, a change of -53.25%.

How many people does LENDWISE LTD employ?

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LENDWISE LTD reported 9 employees in 2024, compared with 10 in 2023.

How have LENDWISE LTD financials changed over the last 3 years?

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Between 2022 and 2024, LENDWISE LTD's net assets fell by 32.4%, cash in bank fell by 70.2%, total assets fell by 44.7% and total liabilities fell by 61%. Net assets contracted at 17.8% a year across the two years to 2024, from £773.39K to £522.59K. Reported headcount went from 10 in 2022 to 9 in 2024 (-1).

Which years of LENDWISE LTD financial data are available?

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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.