LUGAZI LIMITED Financials
- Company number
- 11941001CopyCopy
- Registered office
- 205 Kings Road, Tyseley, Birmingham B11 2AA
- Incorporated
- 11/04/2019
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-51.64%vs 20232023: £28.27K
Total Assets
-20.76%vs 20232023: £114.00K
Cash in Bank
104.38%vs 20212021: £34.17K
Total Liabilities
-10.57%vs 20232023: £85.73K
Employees
+1vs 20232023: 4
In 2024, LUGAZI LIMITED reported net assets of £13.67K. The same filing shows total assets of £90.34K, cash in bank of £69.84K and total liabilities of £76.67K. Reported headcount was 5 in 2024. Cash in Bank rose from £34.17K in 2021 to £69.84K in 2022 (104.38%). 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
-51.64%from £28.27K 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 LUGAZI LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-35.4%vs 2022-19.7% a year compound (CAGR)
Total Assets
-19.6%vs 2022-10.3% a year compound (CAGR)
Total Liabilities
-7.9%vs 2022-4% a year compound (CAGR)
Employees
+66.7%vs 2022+2Biggest increase
Employees+66.7%
3 in 2022 to 5 in 2024
Biggest decrease
Net Assets-35.4%
£21.18K in 2022 to £13.67K in 2024
LUGAZI LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LUGAZI 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
- 15.13%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
- 84.87%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
- 83.89%2022
- 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
- 62.18%2022
- 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 LUGAZI LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 15.22K | 21.18K | 28.27K | 13.67K |
| Total Assets£ | 70.90K | 112.31K | 114.00K | 90.34K |
| Cash in Bank£ | 34.17K | 69.84K | – | – |
| Total Liabilities£ | 44.90K | 83.25K | 85.73K | 76.67K |
| Employees | 3 | 3 | 4 | 5 |
LUGAZI LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LUGAZI LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LUGAZI LIMITED reported net assets of £13.67K for 2024. That compares with £28.27K in 2023, a change of -51.64%.
LUGAZI LIMITED reported total assets of £90.34K for 2024. That compares with £114.00K in 2023, a change of -20.76%.
LUGAZI LIMITED reported cash in bank of £69.84K for 2022. That compares with £34.17K in 2021, a change of 104.38%.
LUGAZI LIMITED reported 5 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, LUGAZI LIMITED's net assets fell by 35.4%, total assets fell by 19.6%, total liabilities fell by 7.9% and employee numbers rose by 66.7%. Net assets contracted at 19.7% a year across the two years to 2024, from £21.18K to £13.67K. Reported headcount went from 3 in 2022 to 5 in 2024 (+2).
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.