LUTEC (UK) LTD Financials
- Company number
- 07918182CopyCopy
- Registered office
- Unit 1 Crawley Crossing, Bedford Road, Husborne Crawley, Beds MK43 0UT
- Incorporated
- 20/01/2012
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
-93.40%vs 20232023: £427.64K
Total Assets
9.12%vs 20232023: £1.37M
Cash in Bank
200.72%vs 20232023: £150.14K
Total Liabilities
55.87%vs 20232023: £938.01K
Employees
+1vs 20232023: 7
In 2024, LUTEC (UK) LTD reported net assets of £28.23K. The same filing shows total assets of £1.49M, cash in bank of £451.50K and total liabilities of £1.46M. Reported headcount was 8 in 2024. Total Liabilities rose from £938.01K in 2023 to £1.46M in 2024 (55.87%). 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
-93.40%from £427.64K 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 LUTEC (UK) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-89.6%vs 2022-67.7% a year compound (CAGR)
Cash in Bank
-29.9%vs 2022-16.3% a year compound (CAGR)
Total Assets
-36.5%vs 2022-20.3% a year compound (CAGR)
Total Liabilities
-29.6%vs 2022-16.1% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-89.6%
£270.87K in 2022 to £28.23K in 2024
Every measure that changed in LUTEC (UK) LTD's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LUTEC (UK) 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
- 1.89%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
- 98.11%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
- 30.88%2024
- 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
- 30.30%2024
- 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 LUTEC (UK) 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£ | 958.48K | 270.87K | 427.64K | 28.23K |
| Total Assets£ | 1.91M | 2.35M | 1.37M | 1.49M |
| Cash in Bank£ | 825.31K | 644.32K | 150.14K | 451.50K |
| Total Liabilities£ | 946.93K | 2.08M | 938.01K | 1.46M |
| Employees | 8 | 8 | 7 | 8 |
LUTEC (UK) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LUTEC (UK) LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LUTEC (UK) LTD reported net assets of £28.23K for 2024. That compares with £427.64K in 2023, a change of -93.40%.
LUTEC (UK) LTD reported total assets of £1.49M for 2024. That compares with £1.37M in 2023, a change of 9.12%.
LUTEC (UK) LTD reported cash in bank of £451.50K for 2024. That compares with £150.14K in 2023, a change of 200.72%.
LUTEC (UK) LTD reported 8 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, LUTEC (UK) LTD's net assets fell by 89.6%, cash in bank fell by 29.9%, total assets fell by 36.5% and total liabilities fell by 29.6%. Net assets contracted at 67.7% a year across the two years to 2024, from £270.87K to £28.23K. Reported headcount went from 8 in 2022 to 8 in 2024.
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.