PATCHWORK LONDON LIMITED Financials
- Company number
- 07585075CopyCopy
- Registered office
- Unit 2, Offley Hoo Farm Hoo Lane, Great Offley, Hitchin, Herts SG5 3ED
- Incorporated
- 30/03/2011
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
47.67%vs 20232023: £913.10K
Total Assets
37.85%vs 20232023: £2.48M
Cash in Bank
-39.83%vs 20232023: £152.63K
Total Liabilities
8.48%vs 20232023: £517.76K
Employees
+1vs 20232023: 5
In 2024, PATCHWORK LONDON LIMITED reported net assets of £1.35M. The same filing shows total assets of £3.42M, cash in bank of £91.84K and total liabilities of £561.66K. Reported headcount was 6 in 2024. Total Assets rose from £2.48M in 2023 to £3.42M in 2024 (37.85%). 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
47.67%from £913.10K 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 PATCHWORK LONDON LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+73%vs 2022+31.5% a year compound (CAGR)
Cash in Bank
-35.7%vs 2022-19.8% a year compound (CAGR)
Total Assets
+38.4%vs 2022+17.6% a year compound (CAGR)
Total Liabilities
-11.3%vs 2022-5.8% a year compound (CAGR)
Employees
+20%vs 2022+1Biggest increase
Net Assets+73%
£779.54K in 2022 to £1.35M in 2024
Biggest decrease
Cash in Bank-35.7%
£142.79K in 2022 to £91.84K in 2024
PATCHWORK LONDON LIMITED'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 PATCHWORK LONDON 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
- 39.46%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
- 16.44%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
- 16.35%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
- 2.69%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 PATCHWORK LONDON 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£ | 544.92K | 779.54K | 913.10K | 1.35M |
| Total Assets£ | 1.31M | 2.47M | 2.48M | 3.42M |
| Cash in Bank£ | 62.30K | 142.79K | 152.63K | 91.84K |
| Total Liabilities£ | 191.97K | 633.10K | 517.76K | 561.66K |
| Employees | 5 | 5 | 5 | 6 |
PATCHWORK LONDON LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PATCHWORK LONDON LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PATCHWORK LONDON LIMITED reported net assets of £1.35M for 2024. That compares with £913.10K in 2023, a change of 47.67%.
PATCHWORK LONDON LIMITED reported total assets of £3.42M for 2024. That compares with £2.48M in 2023, a change of 37.85%.
PATCHWORK LONDON LIMITED reported cash in bank of £91.84K for 2024. That compares with £152.63K in 2023, a change of -39.83%.
PATCHWORK LONDON LIMITED reported 6 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, PATCHWORK LONDON LIMITED's net assets rose by 73%, cash in bank fell by 35.7%, total assets rose by 38.4% and total liabilities fell by 11.3%. Net assets compounded at 31.5% a year across the two years to 2024, from £779.54K to £1.35M. Reported headcount went from 5 in 2022 to 6 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.