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LENTRAX TRANSLATION SERVICES LTD Financials

Company number
11997166Copy
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Registered office
4385, 11997166 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
Incorporated
15/05/2019

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£-22.79K2023
5.03%vs 2022

2022: £-23.99K

Total Assets

£8.05K2023
-64.14%vs 2022

2022: £22.44K

Total Liabilities

£30.83K2023
-33.60%vs 2022

2022: £46.43K

Employees

42023
0vs 2022

2022: 4

In 2023, LENTRAX TRANSLATION SERVICES LTD reported net assets of £-22.79K. The same filing shows total assets of £8.05K and total liabilities of £30.83K. Reported headcount was 4 in 2023. Total Liabilities fell from £46.43K in 2022 to £30.83K in 2023 (-33.60%). 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

£-22.79K2023
5.03%from £-23.99K 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 LENTRAX TRANSLATION SERVICES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£21.77K2021£-22.79K2023
-205%vs 2021

Total Assets

£44.11K2021£8.05K2023
-81.8%vs 2021

-57.3% a year compound (CAGR)

Total Liabilities

£22.34K2021£30.83K2023
+38%vs 2021

+17.5% a year compound (CAGR)

Employees

4202142023
0%vs 2021

Biggest increase

Total Liabilities+38%

£22.34K in 2021 to £30.83K in 2023

Biggest decrease

Net Assets-205%

£21.77K in 2021 to £-22.79K in 2023

LENTRAX TRANSLATION SERVICES LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LENTRAX TRANSLATION SERVICES 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
-283.11%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
383.11%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.

Financial history

Every indicator Okredo tracks, year by year.

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

Indicator202120222023
Net Assets£21.77K-23.99K-22.79K
Total Assets£44.11K22.44K8.05K
Cash in Bank£–––
Total Liabilities£22.34K46.43K30.83K
Employees444

LENTRAX TRANSLATION SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has LENTRAX TRANSLATION SERVICES LTD filed financial statements?

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Yes. Okredo holds filed figures for LENTRAX TRANSLATION SERVICES LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

What net assets did LENTRAX TRANSLATION SERVICES LTD report in 2023?

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LENTRAX TRANSLATION SERVICES LTD reported net assets of £-22.79K for 2023. That compares with £-23.99K in 2022, a change of 5.03%.

What total assets did LENTRAX TRANSLATION SERVICES LTD report in 2023?

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LENTRAX TRANSLATION SERVICES LTD reported total assets of £8.05K for 2023. That compares with £22.44K in 2022, a change of -64.14%.

What total liabilities did LENTRAX TRANSLATION SERVICES LTD report in 2023?

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LENTRAX TRANSLATION SERVICES LTD reported total liabilities of £30.83K for 2023. That compares with £46.43K in 2022, a change of -33.60%.

How many people does LENTRAX TRANSLATION SERVICES LTD employ?

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LENTRAX TRANSLATION SERVICES LTD reported 4 employees in 2023, compared with 4 in 2022.

How have LENTRAX TRANSLATION SERVICES LTD financials changed over the last 3 years?

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Between 2021 and 2023, LENTRAX TRANSLATION SERVICES LTD's net assets fell by 205%, total assets fell by 81.8%, total liabilities rose by 38% and employee numbers was unchanged. Total assets contracted at 57.3% a year across the two years to 2023, from £44.11K to £8.05K. Reported headcount went from 4 in 2021 to 4 in 2023.

Which years of LENTRAX TRANSLATION SERVICES LTD financial data are available?

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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.