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NEEDAFIXER LIMITED Financials

Company number
09019896Copy
Copy
Registered office
1 Kings Avenue, Winchmore Hill, London N21 3NA
Incorporated
01/05/2014

Company snapshot

Status
Active
Employees
17 (2024)
Latest financial data
2024
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£2.20M2024
32.13%vs 2023

2023: £1.67M

Total Assets

£7.19M2024
-43.80%vs 2023

2023: £12.78M

Cash in Bank

£1.47M2024
-66.23%vs 2023

2023: £4.34M

Total Liabilities

£4.89M2024
-55.57%vs 2023

2023: £11.00M

Employees

172024
+9vs 2023

2023: 8

In 2024, NEEDAFIXER LIMITED reported net assets of £2.20M. The same filing shows total assets of £7.19M, cash in bank of £1.47M and total liabilities of £4.89M. Reported headcount was 17 in 2024. Total Liabilities fell from £11.00M in 2023 to £4.89M in 2024 (-55.57%). 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

£2.20M2024
32.13%from £1.67M in 2023

Year-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 NEEDAFIXER LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£559.70K2022£2.20M2024
+293%vs 2022

+98.3% a year compound (CAGR)

Cash in Bank

£1.28M2022£1.47M2024
+14.9%vs 2022

+7.2% a year compound (CAGR)

Total Assets

£3.00M2022£7.19M2024
+140%vs 2022

+54.9% a year compound (CAGR)

Total Liabilities

£2.36M2022£4.89M2024
+107%vs 2022

+44% a year compound (CAGR)

Employees

82022172024
+113%vs 2022+9

Biggest increase

Net Assets+293%

£559.70K in 2022 to £2.20M in 2024

Every indicator Okredo holds for NEEDAFIXER LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NEEDAFIXER 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
30.64%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
68.03%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
30.01%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
20.41%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£1.33M2024
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 NEEDAFIXER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£479.61K559.70K1.67M2.20M
Total Assets£1.50M3.00M12.78M7.19M
Cash in Bank£275.52K1.28M4.34M1.47M
Total Liabilities£990.78K2.36M11.00M4.89M
Employees88817

NEEDAFIXER LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NEEDAFIXER LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

NEEDAFIXER LIMITED reported net assets of £2.20M for 2024. That compares with £1.67M in 2023, a change of 32.13%.

NEEDAFIXER LIMITED reported total assets of £7.19M for 2024. That compares with £12.78M in 2023, a change of -43.80%.

NEEDAFIXER LIMITED reported cash in bank of £1.47M for 2024. That compares with £4.34M in 2023, a change of -66.23%.

NEEDAFIXER LIMITED reported 17 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, NEEDAFIXER LIMITED's net assets rose by 293%, cash in bank rose by 14.9%, total assets rose by 140% and total liabilities rose by 107%. Net assets compounded at 98.3% a year across the two years to 2024, from £559.70K to £2.20M. Reported headcount went from 8 in 2022 to 17 in 2024 (+9).

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.