LIFT-MORTGAGES LIMITED Financials
- Company number
- 06717683Copy
Copy - Registered office
- 40 Leadenhall Street, London EC3A 2BJ
- Incorporated
- 07/10/2008
Company snapshot
- Status
- Active
- Employees
- 11 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-19.48%vs 20222022: £52.66K
Total Assets
-33.99%vs 20222022: £128.34K
Cash in Bank
-46.80%vs 20222022: £128.34K
Total Liabilities
-44.09%vs 20222022: £75.68K
Employees
+1vs 20222022: 10
In 2023, LIFT-MORTGAGES LIMITED reported net assets of £42.40K. The same filing shows total assets of £84.72K, cash in bank of £68.27K and total liabilities of £42.32K. Reported headcount was 11 in 2023. Cash in Bank fell from £128.34K in 2022 to £68.27K in 2023 (-46.80%). 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
-19.48%from £52.66K 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 LIFT-MORTGAGES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-19.6%vs 2021-10.4% a year compound (CAGR)
Cash in Bank
-50.8%vs 2021-29.9% a year compound (CAGR)
Total Assets
-39%vs 2021-21.9% a year compound (CAGR)
Total Liabilities
-50.9%vs 2021-29.9% a year compound (CAGR)
Employees
+22.2%vs 2021+2Biggest increase
Employees+22.2%
9 in 2021 to 11 in 2023
Biggest decrease
Total Liabilities-50.9%
£86.10K in 2021 to £42.32K in 2023
LIFT-MORTGAGES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, 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 LIFT-MORTGAGES 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
- 50.05%2023
- Liabilities to total assets
- 49.95%2023
- Cash to liabilities
- 161.33%2023
- Cash to total assets
- 80.59%2023
- Revenue per employee
- £145.65K2023
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.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LIFT-MORTGAGES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 52.77K | 52.66K | 42.40K |
| Total Assets£ | 138.87K | 128.34K | 84.72K |
| Cash in Bank£ | 138.87K | 128.34K | 68.27K |
| Total Liabilities£ | 86.10K | 75.68K | 42.32K |
| Employees | 9 | 10 | 11 |
LIFT-MORTGAGES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LIFT-MORTGAGES LIMITED filed financial statements?
Yes. Okredo holds filed figures for LIFT-MORTGAGES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did LIFT-MORTGAGES LIMITED report in 2023?
LIFT-MORTGAGES LIMITED reported net assets of £42.40K for 2023. That compares with £52.66K in 2022, a change of -19.48%.
What total assets did LIFT-MORTGAGES LIMITED report in 2023?
LIFT-MORTGAGES LIMITED reported total assets of £84.72K for 2023. That compares with £128.34K in 2022, a change of -33.99%.
What cash in bank did LIFT-MORTGAGES LIMITED report in 2023?
LIFT-MORTGAGES LIMITED reported cash in bank of £68.27K for 2023. That compares with £128.34K in 2022, a change of -46.80%.
How many people does LIFT-MORTGAGES LIMITED employ?
LIFT-MORTGAGES LIMITED reported 11 employees in 2023, compared with 10 in 2022.
How have LIFT-MORTGAGES LIMITED financials changed over the last 3 years?
Between 2021 and 2023, LIFT-MORTGAGES LIMITED's net assets fell by 19.6%, cash in bank fell by 50.8%, total assets fell by 39% and total liabilities fell by 50.9%. Net assets contracted at 10.4% a year across the two years to 2023, from £52.77K to £42.40K. Reported headcount went from 9 in 2021 to 11 in 2023 (+2).
Which years of LIFT-MORTGAGES 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.