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LETOBAKERY LTD Financials

Company number
08329434Copy
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Registered office
Unit 6 2 Linford Street, London SW8 4AB
Incorporated
13/12/2012

Company snapshot

Status
Active
Employees
93 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£-268.65K2024
-1.20K%vs 2023

2023: £24.41K

Total Assets

£3.04M2024
-29.08%vs 2023

2023: £4.29M

Cash in Bank

£272.14K2024
-32.16%vs 2023

2023: £401.12K

Total Liabilities

£3.31M2024
42.65%vs 2023

2023: £2.32M

Employees

932024
+44vs 2023

2023: 49

In 2024, LETOBAKERY LTD reported net assets of £-268.65K. The same filing shows total assets of £3.04M, cash in bank of £272.14K and total liabilities of £3.31M. Reported headcount was 93 in 2024. Total Assets fell from £4.29M in 2023 to £3.04M in 2024 (-29.08%). 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

£-268.65K2024
-1.20K%from £24.41K 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 LETOBAKERY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£153.85K2022£-268.65K2024
-275%vs 2022

Cash in Bank

£114.78K2022£272.14K2024
+137%vs 2022

+54% a year compound (CAGR)

Total Assets

£1.66M2022£3.04M2024
+83.6%vs 2022

+35.5% a year compound (CAGR)

Total Liabilities

£732.26K2022£3.31M2024
+352%vs 2022

+113% a year compound (CAGR)

Employees

382022932024
+145%vs 2022+55

Biggest increase

Total Liabilities+352%

£732.26K in 2022 to £3.31M in 2024

Biggest decrease

Net Assets-275%

£153.85K in 2022 to £-268.65K in 2024

LETOBAKERY LTD's filings pull in both directions between 2022 and 2024. 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 LETOBAKERY 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
-8.83%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
108.83%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
8.22%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
8.94%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 LETOBAKERY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-496.00153.85K24.41K-268.65K
Total Assets£27.95K1.66M4.29M3.04M
Cash in Bank£–114.78K401.12K272.14K
Total Liabilities£28.45K732.26K2.32M3.31M
Employees0384993

LETOBAKERY LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has LETOBAKERY LTD filed financial statements?

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

What net assets did LETOBAKERY LTD report in 2024?

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LETOBAKERY LTD reported net assets of £-268.65K for 2024. That compares with £24.41K in 2023, a change of -1.20K%.

What total assets did LETOBAKERY LTD report in 2024?

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LETOBAKERY LTD reported total assets of £3.04M for 2024. That compares with £4.29M in 2023, a change of -29.08%.

What cash in bank did LETOBAKERY LTD report in 2024?

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LETOBAKERY LTD reported cash in bank of £272.14K for 2024. That compares with £401.12K in 2023, a change of -32.16%.

How many people does LETOBAKERY LTD employ?

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LETOBAKERY LTD reported 93 employees in 2024, compared with 49 in 2023.

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

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Between 2022 and 2024, LETOBAKERY LTD's net assets fell by 275%, cash in bank rose by 137%, total assets rose by 83.6% and total liabilities rose by 352%. Cash in bank compounded at 54% a year across the two years to 2024, from £114.78K to £272.14K. Reported headcount went from 38 in 2022 to 93 in 2024 (+55).

Which years of LETOBAKERY 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.