OTUS MORTGAGES LTD Financials
- Company number
- 08949160Copy
Copy - Registered office
- 1&2 Mercia Business Village Torwood Close, Westwood Business Park, Coventry, West Midlands CV4 8HX
- Incorporated
- 20/03/2014
Company snapshot
- Status
- Active
- Employees
- 1 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
5.77K%vs 20232023: £383.00
Total Assets
92.50%vs 20232023: £41.84K
Cash in Bank
-92.93%vs 20232023: £15.62K
Total Liabilities
40.04%vs 20232023: £41.45K
Employees
-3vs 20232023: 4
In 2024, OTUS MORTGAGES LTD reported net assets of £22.49K. The same filing shows total assets of £80.54K, cash in bank of £1.11K and total liabilities of £58.05K. Reported headcount was 1 in 2024. Total Assets rose from £41.84K in 2023 to £80.54K in 2024 (92.50%). 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
5.77K%from £383.00 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 OTUS MORTGAGES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+567%vs 2022+158% a year compound (CAGR)
Cash in Bank
-88.3%vs 2022-65.8% a year compound (CAGR)
Employees
-85.7%vs 2022-6Biggest increase
Net Assets+567%
£3.37K in 2022 to £22.49K in 2024
Biggest decrease
Cash in Bank-88.3%
£9.47K in 2022 to £1.11K in 2024
OTUS MORTGAGES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 OTUS MORTGAGES 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
- 27.92%2024
- Liabilities to total assets
- 72.08%2024
- Cash to liabilities
- 1.90%2024
- Cash to total assets
- 1.37%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 OTUS MORTGAGES 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£ | 13.79K | 3.37K | 383.00 | 22.49K |
| Total Assets£ | 38.27K | – | 41.84K | 80.54K |
| Cash in Bank£ | – | 9.47K | 15.62K | 1.11K |
| Total Liabilities£ | 24.48K | – | 41.45K | 58.05K |
| Employees | 7 | 7 | 4 | 1 |
OTUS MORTGAGES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has OTUS MORTGAGES LTD filed financial statements?
Yes. Okredo holds filed figures for OTUS MORTGAGES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did OTUS MORTGAGES LTD report in 2024?
OTUS MORTGAGES LTD reported net assets of £22.49K for 2024. That compares with £383.00 in 2023, a change of 5.77K%.
What total assets did OTUS MORTGAGES LTD report in 2024?
OTUS MORTGAGES LTD reported total assets of £80.54K for 2024. That compares with £41.84K in 2023, a change of 92.50%.
What cash in bank did OTUS MORTGAGES LTD report in 2024?
OTUS MORTGAGES LTD reported cash in bank of £1.11K for 2024. That compares with £15.62K in 2023, a change of -92.93%.
How many people does OTUS MORTGAGES LTD employ?
OTUS MORTGAGES LTD reported 1 employee in 2024, compared with 4 in 2023.
How have OTUS MORTGAGES LTD financials changed over the last 3 years?
Between 2022 and 2024, OTUS MORTGAGES LTD's net assets rose by 567%, cash in bank fell by 88.3% and employee numbers fell by 85.7%. Net assets compounded at 158% a year across the two years to 2024, from £3.37K to £22.49K. Reported headcount went from 7 in 2022 to 1 in 2024 (-6).
Which years of OTUS MORTGAGES LTD 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.