PRIME LABS LTD Financials
- Company number
- 11746355CopyCopy
- Registered office
- 3 Bermer Place, Imperial Way, Watford WD24 4XX
- Incorporated
- 02/01/2019
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
212.23%vs 20232023: £-113.05K
Total Assets
169.06%vs 20232023: £295.68K
Cash in Bank
-7.60%vs 20232023: £52.82K
Total Liabilities
11.58%vs 20232023: £313.40K
Employees
+5vs 20232023: 3
In 2024, PRIME LABS LTD reported net assets of £126.87K. The same filing shows total assets of £795.57K, cash in bank of £48.80K and total liabilities of £349.68K. Reported headcount was 8 in 2024. Total Assets rose from £295.68K in 2023 to £795.57K in 2024 (169.06%). 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
212.23%from £-113.05K 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 PRIME LABS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+14382%vs 2022+1103% a year compound (CAGR)
Total Assets
+218%vs 2022+78.2% a year compound (CAGR)
Total Liabilities
+<0.1%vs 2022+<0.1% a year compound (CAGR)
Employees
+167%vs 2022+5Biggest increase
Cash in Bank+14382%
£337.00 in 2022 to £48.80K in 2024
Every indicator Okredo holds for PRIME LABS LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRIME LABS 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
- 15.95%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
- 43.95%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
- 13.96%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
- 6.13%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 PRIME LABS 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£ | -215.93K | -151.99K | -113.05K | 126.87K |
| Total Assets£ | 123.65K | 250.47K | 295.68K | 795.57K |
| Cash in Bank£ | 5.79K | 337.00 | 52.82K | 48.80K |
| Total Liabilities£ | 339.58K | 349.43K | 313.40K | 349.68K |
| Employees | 3 | 3 | 3 | 8 |
PRIME LABS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRIME LABS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PRIME LABS LTD reported net assets of £126.87K for 2024. That compares with £-113.05K in 2023, a change of 212.23%.
PRIME LABS LTD reported total assets of £795.57K for 2024. That compares with £295.68K in 2023, a change of 169.06%.
PRIME LABS LTD reported cash in bank of £48.80K for 2024. That compares with £52.82K in 2023, a change of -7.60%.
PRIME LABS LTD reported 8 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, PRIME LABS LTD's cash in bank rose by 14382%, total assets rose by 218%, total liabilities rose by <0.1% and employee numbers rose by 167%. Cash in bank compounded at 1103% a year across the two years to 2024, from £337.00 to £48.80K. Reported headcount went from 3 in 2022 to 8 in 2024 (+5).
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.