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PLATFFORM LTD Financials

Company number
07354937Copy
Copy
Registered office
Tide Building, 8 Emerson Street, London SE1 9DU
Incorporated
24/08/2010

Company snapshot

Status
Active
Employees
17 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£1.49M2024
47.87%vs 2023

2023: £1.01M

Total Assets

£4.46M2024
11.52%vs 2023

2023: £4.00M

Cash in Bank

£1.70M2024
-13.12%vs 2023

2023: £1.95M

Total Liabilities

£2.97M2024
-0.72%vs 2023

2023: £2.99M

Employees

172024
+2vs 2023

2023: 15

In 2024, PLATFFORM LTD reported net assets of £1.49M. The same filing shows total assets of £4.46M, cash in bank of £1.70M and total liabilities of £2.97M. Reported headcount was 17 in 2024. Net Assets rose from £1.01M in 2023 to £1.49M in 2024 (47.87%). 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

£1.49M2024
47.87%from £1.01M 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 PLATFFORM LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.59M2022£1.49M2024
-6.6%vs 2022

-3.3% a year compound (CAGR)

Cash in Bank

£1.79M2022£1.70M2024
-5%vs 2022

-2.5% a year compound (CAGR)

Total Assets

£4.73M2022£4.46M2024
-5.7%vs 2022

-2.9% a year compound (CAGR)

Total Liabilities

£3.14M2022£2.97M2024
-5.3%vs 2022

-2.7% a year compound (CAGR)

Employees

122022172024
+41.7%vs 2022+5

Biggest increase

Employees+41.7%

12 in 2022 to 17 in 2024

Biggest decrease

Net Assets-6.6%

£1.59M in 2022 to £1.49M in 2024

PLATFFORM 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 PLATFFORM 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
33.40%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
66.60%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
57.20%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
38.10%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 PLATFFORM LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£1.59M1.01M1.49M
Total Assets£4.73M4.00M4.46M
Cash in Bank£1.79M1.95M1.70M
Total Liabilities£3.14M2.99M2.97M
Employees121517

PLATFFORM LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PLATFFORM LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

PLATFFORM LTD reported net assets of £1.49M for 2024. That compares with £1.01M in 2023, a change of 47.87%.

PLATFFORM LTD reported total assets of £4.46M for 2024. That compares with £4.00M in 2023, a change of 11.52%.

PLATFFORM LTD reported cash in bank of £1.70M for 2024. That compares with £1.95M in 2023, a change of -13.12%.

PLATFFORM LTD reported 17 employees in 2024, compared with 15 in 2023.

Between 2022 and 2024, PLATFFORM LTD's net assets fell by 6.6%, cash in bank fell by 5%, total assets fell by 5.7% and total liabilities fell by 5.3%. Net assets contracted at 3.3% a year across the two years to 2024, from £1.59M to £1.49M. Reported headcount went from 12 in 2022 to 17 in 2024 (+5).

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.