Register to unlock more data on OkredoRegister
Active

MIGHTY HOOPLA LTD Financials

Company number
10573560Copy
Copy
Registered office
2 Bentinck Mews, London W1U 2AQ
Incorporated
19/01/2017

Company snapshot

Status
Active
Employees
7 (2023)
Latest financial data
2023
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£39.08K2023
-94.02%vs 2022

2022: £653.96K

Total Assets

£3.49M2023
3.41%vs 2022

2022: £3.38M

Cash in Bank

£1.24M2023
16.06%vs 2022

2022: £1.07M

Total Liabilities

£3.45M2023
26.79%vs 2022

2022: £2.72M

Employees

72023
-1vs 2022

2022: 8

In 2023, MIGHTY HOOPLA LTD reported net assets of £39.08K. The same filing shows total assets of £3.49M, cash in bank of £1.24M and total liabilities of £3.45M. Reported headcount was 7 in 2023. Total Liabilities rose from £2.72M in 2022 to £3.45M in 2023 (26.79%). 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

£39.08K2023
-94.02%from £653.96K in 2022

Year-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 MIGHTY HOOPLA LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£190.14K2021£39.08K2023
-79.4%vs 2021

-54.7% a year compound (CAGR)

Cash in Bank

£547.75K2021£1.24M2023
+126%vs 2021

+50.2% a year compound (CAGR)

Total Assets

£2.23M2021£3.49M2023
+56.5%vs 2021

+25.1% a year compound (CAGR)

Total Liabilities

£2.04M2021£3.45M2023
+69.2%vs 2021

+30.1% a year compound (CAGR)

Employees

7202172023
0%vs 2021

Biggest increase

Cash in Bank+126%

£547.75K in 2021 to £1.24M in 2023

Biggest decrease

Net Assets-79.4%

£190.14K in 2021 to £39.08K in 2023

MIGHTY HOOPLA LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 MIGHTY HOOPLA 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
1.12%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
98.88%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
35.78%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
35.38%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 MIGHTY HOOPLA LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£190.14K653.96K39.08K
Total Assets£2.23M3.38M3.49M
Cash in Bank£547.75K1.07M1.24M
Total Liabilities£2.04M2.72M3.45M
Employees787

MIGHTY HOOPLA LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MIGHTY HOOPLA LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

MIGHTY HOOPLA LTD reported net assets of £39.08K for 2023. That compares with £653.96K in 2022, a change of -94.02%.

MIGHTY HOOPLA LTD reported total assets of £3.49M for 2023. That compares with £3.38M in 2022, a change of 3.41%.

MIGHTY HOOPLA LTD reported cash in bank of £1.24M for 2023. That compares with £1.07M in 2022, a change of 16.06%.

MIGHTY HOOPLA LTD reported 7 employees in 2023, compared with 8 in 2022.

Between 2021 and 2023, MIGHTY HOOPLA LTD's net assets fell by 79.4%, cash in bank rose by 126%, total assets rose by 56.5% and total liabilities rose by 69.2%. Net assets contracted at 54.7% a year across the two years to 2023, from £190.14K to £39.08K. Reported headcount went from 7 in 2021 to 7 in 2023.

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.