MIND EASE LABS LTD Financials
- Company number
- 12352065CopyCopy
- Registered office
- C/O Kreston Reeves Llp Nile House, Nile Street, Brighton, East Sussex BN1 1HW
- Incorporated
- 06/12/2019
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
42.49%vs 20232023: £107.78K
Total Assets
-99.66%vs 20232023: £405.46K
Cash in Bank
324.11%vs 20232023: £31.63K
Total Liabilities
232.43%vs 20222022: £88.51K
Employees
-1vs 20232023: 5
In 2024, MIND EASE LABS LTD reported net assets of £153.57K. The same filing shows total assets of £1.40K, cash in bank of £134.14K and total liabilities of £294.22K. Reported headcount was 4 in 2024. Total Assets fell from £405.46K in 2023 to £1.40K in 2024 (-99.66%). 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
42.49%from £107.78K 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 MIND EASE LABS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-72.2%vs 2022-47.2% a year compound (CAGR)
Cash in Bank
+130%vs 2022+51.6% a year compound (CAGR)
Total Assets
-99.8%vs 2022-95.4% a year compound (CAGR)
Employees
-50%vs 2022-4Biggest increase
Cash in Bank+130%
£58.35K in 2022 to £134.14K in 2024
Biggest decrease
Total Assets-99.8%
£648.50K in 2022 to £1.40K in 2024
MIND EASE LABS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIND EASE LABS 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
- 11,000.93%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
- 72.57%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
- 10.75%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
- 9,608.95%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 MIND EASE LABS 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£ | 1.23M | 551.45K | 107.78K | 153.57K |
| Total Assets£ | 1.34M | 648.50K | 405.46K | 1.40K |
| Cash in Bank£ | 822.15K | 58.35K | 31.63K | 134.14K |
| Total Liabilities£ | 107.36K | 88.51K | 294.22K | – |
| Employees | 6 | 8 | 5 | 4 |
MIND EASE LABS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIND EASE LABS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MIND EASE LABS LTD reported net assets of £153.57K for 2024. That compares with £107.78K in 2023, a change of 42.49%.
MIND EASE LABS LTD reported total assets of £1.40K for 2024. That compares with £405.46K in 2023, a change of -99.66%.
MIND EASE LABS LTD reported cash in bank of £134.14K for 2024. That compares with £31.63K in 2023, a change of 324.11%.
MIND EASE LABS LTD reported 4 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, MIND EASE LABS LTD's net assets fell by 72.2%, cash in bank rose by 130%, total assets fell by 99.8% and employee numbers fell by 50%. Net assets contracted at 47.2% a year across the two years to 2024, from £551.45K to £153.57K. Reported headcount went from 8 in 2022 to 4 in 2024 (-4).
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.