OK LET LIMITED Financials
- Company number
- 07581510Copy
Copy - Registered office
- Harpal House 14 Holyhead Road, Handsworth, Birmingham, West Midlands B21 0LT
- Incorporated
- 29/03/2011
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-74.89%vs 20232023: £-26.16K
Total Assets
-29.43%vs 20232023: £88.27K
Cash in Bank
-42.53%vs 20232023: £16.93K
Total Liabilities
-4.82%vs 20232023: £107.77K
Employees
+1vs 20232023: 5
In 2024, OK LET LIMITED reported net assets of £-45.76K. The same filing shows total assets of £62.30K, cash in bank of £9.73K and total liabilities of £102.58K. Reported headcount was 6 in 2024. Total Assets fell from £88.27K in 2023 to £62.30K in 2024 (-29.43%). 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
-74.89%from £-26.16K 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 OK LET LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-75.3%vs 2022-50.3% a year compound (CAGR)
Total Assets
-52.1%vs 2022-30.8% a year compound (CAGR)
Total Liabilities
-21.7%vs 2022-11.5% a year compound (CAGR)
Employees
+50%vs 2022+2Biggest increase
Employees+50%
4 in 2022 to 6 in 2024
Biggest decrease
Cash in Bank-75.3%
£39.35K in 2022 to £9.73K in 2024
OK LET 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 OK LET 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
- -73.45%2024
- Liabilities to total assets
- 164.66%2024
- Cash to liabilities
- 9.49%2024
- Cash to total assets
- 15.62%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for OK LET 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£ | 14.00 | -9.69K | -26.16K | -45.76K |
| Total Assets£ | 135.10K | 130.16K | 88.27K | 62.30K |
| Cash in Bank£ | 28.16K | 39.35K | 16.93K | 9.73K |
| Total Liabilities£ | 123.24K | 130.96K | 107.77K | 102.58K |
| Employees | 4 | 4 | 5 | 6 |
OK LET LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has OK LET LIMITED filed financial statements?
Yes. Okredo holds filed figures for OK LET LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did OK LET LIMITED report in 2024?
OK LET LIMITED reported net assets of £-45.76K for 2024. That compares with £-26.16K in 2023, a change of -74.89%.
What total assets did OK LET LIMITED report in 2024?
OK LET LIMITED reported total assets of £62.30K for 2024. That compares with £88.27K in 2023, a change of -29.43%.
What cash in bank did OK LET LIMITED report in 2024?
OK LET LIMITED reported cash in bank of £9.73K for 2024. That compares with £16.93K in 2023, a change of -42.53%.
How many people does OK LET LIMITED employ?
OK LET LIMITED reported 6 employees in 2024, compared with 5 in 2023.
How have OK LET LIMITED financials changed over the last 3 years?
Between 2022 and 2024, OK LET LIMITED's cash in bank fell by 75.3%, total assets fell by 52.1%, total liabilities fell by 21.7% and employee numbers rose by 50%. Cash in bank contracted at 50.3% a year across the two years to 2024, from £39.35K to £9.73K. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).
Which years of OK LET 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.