LIGHTSPEED SYSTEMS (EUROPE) LIMITED Financials
- Company number
- 05336060CopyCopy
- Registered office
- 169 New London Road, Chelmsford, Essex CM2 0AE
- Incorporated
- 18/01/2005
Company snapshot
- Status
- Active
- Employees
- 18 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
15.66%vs 20222022: £1.08M
Total Assets
25.29%vs 20222022: £4.46M
Cash in Bank
68.99%vs 20222022: £263.80K
Total Liabilities
28.98%vs 20222022: £3.33M
Employees
-1vs 20222022: 19
In 2023, LIGHTSPEED SYSTEMS (EUROPE) LIMITED reported net assets of £1.25M. The same filing shows total assets of £5.58M, cash in bank of £445.79K and total liabilities of £4.30M. Reported headcount was 18 in 2023. Total Assets rose from £4.46M in 2022 to £5.58M in 2023 (25.29%). 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
15.66%from £1.08M 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 LIGHTSPEED SYSTEMS (EUROPE) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+37.7%vs 2021+17.3% a year compound (CAGR)
Cash in Bank
+2.9%vs 2021+1.4% a year compound (CAGR)
Total Assets
+13%vs 2021+6.3% a year compound (CAGR)
Total Liabilities
+7.8%vs 2021+3.8% a year compound (CAGR)
Employees
+20%vs 2021+3Biggest increase
Net Assets+37.7%
£910.83K in 2021 to £1.25M in 2023
Every indicator Okredo holds for LIGHTSPEED SYSTEMS (EUROPE) LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LIGHTSPEED SYSTEMS (EUROPE) 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
- 22.46%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
- 77.02%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.
- Cash to liabilities
- 10.37%2023
- 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
- 7.98%2023
- 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 LIGHTSPEED SYSTEMS (EUROPE) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 910.83K | 1.08M | 1.25M |
| Total Assets£ | 4.94M | 4.46M | 5.58M |
| Cash in Bank£ | 433.19K | 263.80K | 445.79K |
| Total Liabilities£ | 3.99M | 3.33M | 4.30M |
| Employees | 15 | 19 | 18 |
LIGHTSPEED SYSTEMS (EUROPE) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LIGHTSPEED SYSTEMS (EUROPE) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LIGHTSPEED SYSTEMS (EUROPE) LIMITED reported net assets of £1.25M for 2023. That compares with £1.08M in 2022, a change of 15.66%.
LIGHTSPEED SYSTEMS (EUROPE) LIMITED reported total assets of £5.58M for 2023. That compares with £4.46M in 2022, a change of 25.29%.
LIGHTSPEED SYSTEMS (EUROPE) LIMITED reported cash in bank of £445.79K for 2023. That compares with £263.80K in 2022, a change of 68.99%.
LIGHTSPEED SYSTEMS (EUROPE) LIMITED reported 18 employees in 2023, compared with 19 in 2022.
Between 2021 and 2023, LIGHTSPEED SYSTEMS (EUROPE) LIMITED's net assets rose by 37.7%, cash in bank rose by 2.9%, total assets rose by 13% and total liabilities rose by 7.8%. Net assets compounded at 17.3% a year across the two years to 2023, from £910.83K to £1.25M. Reported headcount went from 15 in 2021 to 18 in 2023 (+3).
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.