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PACE PEOPLE LTD Financials

Company number
11907951Copy
Copy
Registered office
Sustainable Workspaces, County Hall 5th Floor, The Riverside Building, Belvedere Road, London SE1 7PB
Incorporated
27/03/2019

Company snapshot

Status
Active
Employees
12 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-277.54K2024
-596.29%vs 2023

2023: £55.92K

Total Assets

£1.78M2024
-21.34%vs 2023

2023: £2.27M

Cash in Bank

£30.92K2024
90.04%vs 2023

2023: £16.27K

Total Liabilities

£2.01M2024
-8.79%vs 2023

2023: £2.20M

Employees

122024
+3vs 2023

2023: 9

In 2024, PACE PEOPLE LTD reported net assets of £-277.54K. The same filing shows total assets of £1.78M, cash in bank of £30.92K and total liabilities of £2.01M. Reported headcount was 12 in 2024. Total Assets fell from £2.27M in 2023 to £1.78M in 2024 (-21.34%). 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

£-277.54K2024
-596.29%from £55.92K 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 PACE PEOPLE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£207.65K2022£-277.54K2024
-234%vs 2022

Cash in Bank

£115.05K2022£30.92K2024
-73.1%vs 2022

-48.2% a year compound (CAGR)

Total Assets

£2.61M2022£1.78M2024
-31.6%vs 2022

-17.3% a year compound (CAGR)

Total Liabilities

£2.39M2022£2.01M2024
-16.2%vs 2022

-8.4% a year compound (CAGR)

Employees

112022122024
+9.1%vs 2022+1

Biggest increase

Employees+9.1%

11 in 2022 to 12 in 2024

Biggest decrease

Net Assets-234%

£207.65K in 2022 to £-277.54K in 2024

PACE PEOPLE LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PACE PEOPLE 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
-15.57%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
112.51%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
1.54%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
1.73%2024
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 PACE PEOPLE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£176.63K207.65K55.92K-277.54K
Total Assets£2.32M2.61M2.27M1.78M
Cash in Bank£198.51K115.05K16.27K30.92K
Total Liabilities£2.15M2.39M2.20M2.01M
Employees711912

PACE PEOPLE LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

PACE PEOPLE LTD reported net assets of £-277.54K for 2024. That compares with £55.92K in 2023, a change of -596.29%.

PACE PEOPLE LTD reported total assets of £1.78M for 2024. That compares with £2.27M in 2023, a change of -21.34%.

PACE PEOPLE LTD reported cash in bank of £30.92K for 2024. That compares with £16.27K in 2023, a change of 90.04%.

PACE PEOPLE LTD reported 12 employees in 2024, compared with 9 in 2023.

Between 2022 and 2024, PACE PEOPLE LTD's net assets fell by 234%, cash in bank fell by 73.1%, total assets fell by 31.6% and total liabilities fell by 16.2%. Cash in bank contracted at 48.2% a year across the two years to 2024, from £115.05K to £30.92K. Reported headcount went from 11 in 2022 to 12 in 2024 (+1).

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.