LOUNGE SEVENTY TWO LTD Financials
- Company number
- 07246155Copy
Copy - Registered office
- 12 Bath Street, Cheltenham, Gloucestershire GL50 1YE
- Incorporated
- 07/05/2010
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-89.52%vs 20232023: £-95.85K
Total Assets
-146.50%vs 20232023: £79.43K
Cash in Bank
301.60%vs 20232023: £1.32K
Total Liabilities
-17.42%vs 20232023: £170.67K
Employees
-19vs 20232023: 27
In 2024, LOUNGE SEVENTY TWO LTD reported net assets of £-181.66K. The same filing shows total assets of £-36.93K, cash in bank of £5.28K and total liabilities of £140.93K. Reported headcount was 8 in 2024. Total Assets fell from £79.43K in 2023 to £-36.93K in 2024 (-146.50%). 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
-89.52%from £-95.85K in 2023Year-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 LOUNGE SEVENTY TWO LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-4144%vs 2022Cash in Bank
-89.5%vs 2022-67.6% a year compound (CAGR)
Total Assets
-123%vs 2022Total Liabilities
-8%vs 2022-4.1% a year compound (CAGR)
Employees
-70.4%vs 2022-19Biggest decrease
Net Assets-4144%
£4.49K in 2022 to £-181.66K in 2024
Every indicator Okredo holds for LOUNGE SEVENTY TWO LTD fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LOUNGE SEVENTY TWO 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
- 491.89%2024
- Liabilities to total assets
- -381.61%2024
- Cash to liabilities
- 3.75%2024
- Cash to total assets
- -14.30%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.
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 LOUNGE SEVENTY TWO LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.23K | 4.49K | -95.85K | -181.66K |
| Total Assets£ | 357.49K | 163.22K | 79.43K | -36.93K |
| Cash in Bank£ | 75.45K | 50.20K | 1.32K | 5.28K |
| Total Liabilities£ | 338.48K | 153.11K | 170.67K | 140.93K |
| Employees | 26 | 27 | 27 | 8 |
LOUNGE SEVENTY TWO LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has LOUNGE SEVENTY TWO LTD filed financial statements?
Yes. Okredo holds filed figures for LOUNGE SEVENTY TWO LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did LOUNGE SEVENTY TWO LTD report in 2024?
LOUNGE SEVENTY TWO LTD reported net assets of £-181.66K for 2024. That compares with £-95.85K in 2023, a change of -89.52%.
What total assets did LOUNGE SEVENTY TWO LTD report in 2024?
LOUNGE SEVENTY TWO LTD reported total assets of £-36.93K for 2024. That compares with £79.43K in 2023, a change of -146.50%.
What cash in bank did LOUNGE SEVENTY TWO LTD report in 2024?
LOUNGE SEVENTY TWO LTD reported cash in bank of £5.28K for 2024. That compares with £1.32K in 2023, a change of 301.60%.
How many people does LOUNGE SEVENTY TWO LTD employ?
LOUNGE SEVENTY TWO LTD reported 8 employees in 2024, compared with 27 in 2023.
How have LOUNGE SEVENTY TWO LTD financials changed over the last 3 years?
Between 2022 and 2024, LOUNGE SEVENTY TWO LTD's net assets fell by 4144%, cash in bank fell by 89.5%, total assets fell by 123% and total liabilities fell by 8%. Cash in bank contracted at 67.6% a year across the two years to 2024, from £50.20K to £5.28K. Reported headcount went from 27 in 2022 to 8 in 2024 (-19).
Which years of LOUNGE SEVENTY TWO LTD financial data are available?
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.