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OMG PHOTOGRAPHY LTD Financials

Company number
13350860Copy
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Registered office
Units 8/9 Parsons Court Welbury Way, Aycliffe Business Park, Newton Aycliffe, Durham DL5 6ZE
Incorporated
22/04/2021

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£-23.71K2024
-864.90%vs 2023

2023: £3.10K

Total Assets

£24.09K2024
43.48%vs 2023

2023: £16.79K

Total Liabilities

£47.80K2024
249.16%vs 2023

2023: £13.69K

Employees

42024
0vs 2023

2023: 4

In 2024, OMG PHOTOGRAPHY LTD reported net assets of £-23.71K. The same filing shows total assets of £24.09K and total liabilities of £47.80K. Reported headcount was 4 in 2024. Total Liabilities rose from £13.69K in 2023 to £47.80K in 2024 (249.16%). Okredo holds filed figures for 2022–2024; 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

£-23.71K2024
-864.90%from £3.10K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures OMG PHOTOGRAPHY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£26.81K2022£-23.71K2024
-188%vs 2022

Total Assets

£38.27K2022£24.09K2024
-37%vs 2022

-20.7% a year compound (CAGR)

Total Liabilities

£11.46K2022£47.80K2024
+317%vs 2022

+104% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Total Liabilities+317%

£11.46K in 2022 to £47.80K in 2024

Biggest decrease

Net Assets-188%

£26.81K in 2022 to £-23.71K in 2024

OMG PHOTOGRAPHY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 OMG PHOTOGRAPHY 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
-98.43%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
198.43%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for OMG PHOTOGRAPHY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£26.81K3.10K-23.71K
Total Assets£38.27K16.79K24.09K
Cash in Bank£–––
Total Liabilities£11.46K13.69K47.80K
Employees444

OMG PHOTOGRAPHY LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has OMG PHOTOGRAPHY LTD filed financial statements?

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Yes. Okredo holds filed figures for OMG PHOTOGRAPHY LTD covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did OMG PHOTOGRAPHY LTD report in 2024?

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OMG PHOTOGRAPHY LTD reported net assets of £-23.71K for 2024. That compares with £3.10K in 2023, a change of -864.90%.

What total assets did OMG PHOTOGRAPHY LTD report in 2024?

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OMG PHOTOGRAPHY LTD reported total assets of £24.09K for 2024. That compares with £16.79K in 2023, a change of 43.48%.

What total liabilities did OMG PHOTOGRAPHY LTD report in 2024?

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OMG PHOTOGRAPHY LTD reported total liabilities of £47.80K for 2024. That compares with £13.69K in 2023, a change of 249.16%.

How many people does OMG PHOTOGRAPHY LTD employ?

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OMG PHOTOGRAPHY LTD reported 4 employees in 2024, compared with 4 in 2023.

How have OMG PHOTOGRAPHY LTD financials changed over the last 3 years?

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Between 2022 and 2024, OMG PHOTOGRAPHY LTD's net assets fell by 188%, total assets fell by 37%, total liabilities rose by 317% and employee numbers was unchanged. Total assets contracted at 20.7% a year across the two years to 2024, from £38.27K to £24.09K. Reported headcount went from 4 in 2022 to 4 in 2024.

Which years of OMG PHOTOGRAPHY LTD financial data are available?

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Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.