LYRIC HOTELS LIMITED Financials
- Company number
- 02565580Copy
Copy - Registered office
- Devonshire House Ringwood Road, Brimington, Chesterfield S43 1DQ
- Incorporated
- 05/12/1990
Company snapshot
- Status
- Active
- Employees
- 121 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-11.12%vs 20232023: £1.67M
Total Assets
-3.17%vs 20232023: £6.39M
Cash in Bank
-9.31%vs 20232023: £343.80K
Total Liabilities
-0.36%vs 20232023: £4.72M
Employees
+10vs 20232023: 111
In 2024, LYRIC HOTELS LIMITED reported net assets of £1.48M. The same filing shows total assets of £6.19M, cash in bank of £311.80K and total liabilities of £4.71M. Reported headcount was 121 in 2024. Total Assets fell from £6.39M in 2023 to £6.19M in 2024 (-3.17%). 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
-11.12%from £1.67M 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 LYRIC HOTELS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-6.9%vs 2022-3.5% a year compound (CAGR)
Cash in Bank
-57.5%vs 2022-34.8% a year compound (CAGR)
Employees
+11%vs 2022+12Biggest increase
Employees+11%
109 in 2022 to 121 in 2024
Biggest decrease
Cash in Bank-57.5%
£733.12K in 2022 to £311.80K in 2024
LYRIC HOTELS 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LYRIC HOTELS 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
- 23.94%2024
- Liabilities to total assets
- 76.06%2024
- Cash to liabilities
- 6.62%2024
- Cash to total assets
- 5.04%2024
- Revenue per employee
- £33.34K2024
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 LYRIC HOTELS 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£ | 804.84K | 1.59M | 1.67M | 1.48M |
| Total Assets£ | 6.55M | – | 6.39M | 6.19M |
| Cash in Bank£ | 239.21K | 733.12K | 343.80K | 311.80K |
| Total Liabilities£ | 5.75M | – | 4.72M | 4.71M |
| Employees | 68 | 109 | 111 | 121 |
LYRIC HOTELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LYRIC HOTELS LIMITED filed financial statements?
Yes. Okredo holds filed figures for LYRIC HOTELS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did LYRIC HOTELS LIMITED report in 2024?
LYRIC HOTELS LIMITED reported net assets of £1.48M for 2024. That compares with £1.67M in 2023, a change of -11.12%.
What total assets did LYRIC HOTELS LIMITED report in 2024?
LYRIC HOTELS LIMITED reported total assets of £6.19M for 2024. That compares with £6.39M in 2023, a change of -3.17%.
What cash in bank did LYRIC HOTELS LIMITED report in 2024?
LYRIC HOTELS LIMITED reported cash in bank of £311.80K for 2024. That compares with £343.80K in 2023, a change of -9.31%.
How many people does LYRIC HOTELS LIMITED employ?
LYRIC HOTELS LIMITED reported 121 employees in 2024, compared with 111 in 2023.
How have LYRIC HOTELS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, LYRIC HOTELS LIMITED's net assets fell by 6.9%, cash in bank fell by 57.5% and employee numbers rose by 11%. Net assets contracted at 3.5% a year across the two years to 2024, from £1.59M to £1.48M. Reported headcount went from 109 in 2022 to 121 in 2024 (+12).
Which years of LYRIC HOTELS LIMITED 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.