Active

OUTSOLD LTD Financials

Company number
11766437Copy
Copy
Registered office
71-75 Shelton Street, London, Greater London WC2H 9JQ
Incorporated
14/01/2019

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-1.07M2023
-147.02%vs 2022

2022: £-434.56K

Total Assets

£171.79K2023
-75.15%vs 2022

2022: £691.24K

Cash in Bank

£4.24K2021
First reported year

Total Liabilities

£1.25M2023
10.61%vs 2022

2022: £1.13M

Employees

32023
-5vs 2022

2022: 8

In 2023, OUTSOLD LTD reported net assets of £-1.07M. The same filing shows total assets of £171.79K, cash in bank of £4.24K and total liabilities of £1.25M. Reported headcount was 3 in 2023. Net Assets fell from £-434.56K in 2022 to £-1.07M in 2023 (-147.02%). Okredo holds filed figures for 2021–2023; 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

£-1.07M2023
-147.02%from £-434.56K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures OUTSOLD LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-17.12K2021£-1.07M2023
Decreasedvs 2021

Total Assets

£928.96K2021£171.79K2023
-81.5%vs 2021

-57% a year compound (CAGR)

Total Liabilities

£140.90K2021£1.25M2023
+784%vs 2021

+197% a year compound (CAGR)

Employees

8202132023
-62.5%vs 2021-5

Biggest increase

Total Liabilities+784%

£140.90K in 2021 to £1.25M in 2023

Biggest decrease

Total Assets-81.5%

£928.96K in 2021 to £171.79K in 2023

OUTSOLD LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 OUTSOLD 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
-624.87%2023
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
724.87%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
3.01%2021
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
0.46%2021
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 OUTSOLD LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-17.12K-434.56K-1.07M
Total Assets£928.96K691.24K171.79K
Cash in Bank£4.24K––
Total Liabilities£140.90K1.13M1.25M
Employees883

OUTSOLD LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for OUTSOLD LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

OUTSOLD LTD reported net assets of £-1.07M for 2023. That compares with £-434.56K in 2022, a change of -147.02%.

OUTSOLD LTD reported total assets of £171.79K for 2023. That compares with £691.24K in 2022, a change of -75.15%.

OUTSOLD LTD reported cash in bank of £4.24K for 2021. There is no earlier filing to compare it against.

OUTSOLD LTD reported 3 employees in 2023, compared with 8 in 2022.

Between 2021 and 2023, OUTSOLD LTD's total assets fell by 81.5%, total liabilities rose by 784% and employee numbers fell by 62.5%. Total assets contracted at 57% a year across the two years to 2023, from £928.96K to £171.79K. Reported headcount went from 8 in 2021 to 3 in 2023 (-5).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.