LIFETIME FINANCE GROUP LIMITED Financials
- Company number
- SC589768Copy
Copy - Registered office
- 95 West Regent Street, Glasgow G2 2BA
- Incorporated
- 26/02/2018
Company snapshot
- Status
- Active
- Employees
- 22 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
56.32%vs 20222022: £-88.22K
Total Assets
22.47%vs 20222022: £128.76K
Cash in Bank
121.11%vs 20222022: £44.67K
Total Liabilities
-7.19%vs 20222022: £201.71K
Employees
0vs 20222022: 22
In 2023, LIFETIME FINANCE GROUP LIMITED reported net assets of £-38.54K. The same filing shows total assets of £157.69K, cash in bank of £98.77K and total liabilities of £187.21K. Reported headcount was 22 in 2023. Cash in Bank rose from £44.67K in 2022 to £98.77K in 2023 (121.11%). 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
56.32%from £-88.22K in 2022Year-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 LIFETIME FINANCE GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
+4662%vs 2021+590% a year compound (CAGR)
Total Assets
+210%vs 2021+76.1% a year compound (CAGR)
Total Liabilities
-22.2%vs 2021-11.8% a year compound (CAGR)
Employees
-4.3%vs 2021-1Biggest increase
Cash in Bank+4662%
£2.07K in 2021 to £98.77K in 2023
Biggest decrease
Total Liabilities-22.2%
£240.76K in 2021 to £187.21K in 2023
LIFETIME FINANCE GROUP LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 LIFETIME FINANCE GROUP LIMITED'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
- -24.44%2023
- Liabilities to total assets
- 118.71%2023
- Cash to liabilities
- 52.76%2023
- Cash to total assets
- 62.63%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 LIFETIME FINANCE GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -189.89K | -88.22K | -38.54K |
| Total Assets£ | 50.88K | 128.76K | 157.69K |
| Cash in Bank£ | 2.07K | 44.67K | 98.77K |
| Total Liabilities£ | 240.76K | 201.71K | 187.21K |
| Employees | 23 | 22 | 22 |
LIFETIME FINANCE GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LIFETIME FINANCE GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for LIFETIME FINANCE GROUP LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did LIFETIME FINANCE GROUP LIMITED report in 2023?
LIFETIME FINANCE GROUP LIMITED reported net assets of £-38.54K for 2023. That compares with £-88.22K in 2022, a change of 56.32%.
What total assets did LIFETIME FINANCE GROUP LIMITED report in 2023?
LIFETIME FINANCE GROUP LIMITED reported total assets of £157.69K for 2023. That compares with £128.76K in 2022, a change of 22.47%.
What cash in bank did LIFETIME FINANCE GROUP LIMITED report in 2023?
LIFETIME FINANCE GROUP LIMITED reported cash in bank of £98.77K for 2023. That compares with £44.67K in 2022, a change of 121.11%.
How many people does LIFETIME FINANCE GROUP LIMITED employ?
LIFETIME FINANCE GROUP LIMITED reported 22 employees in 2023, compared with 22 in 2022.
How have LIFETIME FINANCE GROUP LIMITED financials changed over the last 3 years?
Between 2021 and 2023, LIFETIME FINANCE GROUP LIMITED's cash in bank rose by 4662%, total assets rose by 210%, total liabilities fell by 22.2% and employee numbers fell by 4.3%. Cash in bank compounded at 590% a year across the two years to 2023, from £2.07K to £98.77K. Reported headcount went from 23 in 2021 to 22 in 2023 (-1).
Which years of LIFETIME FINANCE GROUP LIMITED financial data are available?
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.