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LETS DEEL LTD Financials

Company number
11894259Copy
Copy
Registered office
Hamilton House, Mabledon Place, London WC1H 9BB
Incorporated
20/03/2019

Company snapshot

Status
Active
Employees
2,758 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£100.21K2024
29.82%vs 2023

2023: £77.19K

Total Assets

£22.63M2024
59.68%vs 2023

2023: £14.17M

Cash in Bank

£22.27M2024
96.94%vs 2023

2023: £11.31M

Total Liabilities

£22.53M2024
59.84%vs 2023

2023: £14.09M

Employees

2,7582024
+467vs 2023

2023: 2,291

In 2024, LETS DEEL LTD reported net assets of £100.21K. The same filing shows total assets of £22.63M, cash in bank of £22.27M and total liabilities of £22.53M. Reported headcount was 2,758 in 2024. Cash in Bank rose from £11.31M in 2023 to £22.27M in 2024 (96.94%). 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

£100.21K2024
29.82%from £77.19K 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 LETS DEEL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£57.57K2022£100.21K2024
+74.1%vs 2022

+31.9% a year compound (CAGR)

Cash in Bank

£19.65M2022£22.27M2024
+13.4%vs 2022

+6.5% a year compound (CAGR)

Total Assets

£26.24M2022£22.63M2024
-13.8%vs 2022

-7.1% a year compound (CAGR)

Total Liabilities

£26.18M2022£22.53M2024
-14%vs 2022

-7.2% a year compound (CAGR)

Employees

1,73620222,7582024
+58.9%vs 2022+1022

Biggest increase

Net Assets+74.1%

£57.57K in 2022 to £100.21K in 2024

Biggest decrease

Total Liabilities-14%

£26.18M in 2022 to £22.53M in 2024

LETS DEEL LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LETS DEEL 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
0.44%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
99.56%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
98.88%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
98.44%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 LETS DEEL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-79.94K57.57K77.19K100.21K
Total Assets£9.91M26.24M14.17M22.63M
Cash in Bank£3.80M19.65M11.31M22.27M
Total Liabilities£9.99M26.18M14.09M22.53M
Employees4471,7362,2912,758

LETS DEEL LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

LETS DEEL LTD reported net assets of £100.21K for 2024. That compares with £77.19K in 2023, a change of 29.82%.

LETS DEEL LTD reported total assets of £22.63M for 2024. That compares with £14.17M in 2023, a change of 59.68%.

LETS DEEL LTD reported cash in bank of £22.27M for 2024. That compares with £11.31M in 2023, a change of 96.94%.

LETS DEEL LTD reported 2,758 employees in 2024, compared with 2,291 in 2023.

Between 2022 and 2024, LETS DEEL LTD's net assets rose by 74.1%, cash in bank rose by 13.4%, total assets fell by 13.8% and total liabilities fell by 14%. Net assets compounded at 31.9% a year across the two years to 2024, from £57.57K to £100.21K. Reported headcount went from 1,736 in 2022 to 2,758 in 2024 (+1022).

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.