PROHIBITION LOUNGE LTD Financials
- Company number
- 11650244Copy
Copy - Registered office
- Unit 6 Blackthorn Way Five Mile Business Park, Washingborough, Lincoln LN4 1BF
- Incorporated
- 30/10/2018
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
27.56%vs 20222022: £-27.04K
Total Assets
-6.15%vs 20222022: £32.80K
Cash in Bank
-73.27%vs 20222022: £1.80K
Total Liabilities
-15.82%vs 20222022: £59.84K
Employees
0vs 20222022: 12
In 2023, PROHIBITION LOUNGE LTD reported net assets of £-19.59K. The same filing shows total assets of £30.79K, cash in bank of £482.00 and total liabilities of £50.37K. Reported headcount was 12 in 2023. Total Liabilities fell from £59.84K in 2022 to £50.37K in 2023 (-15.82%). 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
27.56%from £-27.04K in 2022Year-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 PROHIBITION LOUNGE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Total Assets
-17.9%vs 2021-9.4% a year compound (CAGR)
Total Liabilities
-1.9%vs 2021-1% a year compound (CAGR)
Employees
+20%vs 2021+2Biggest increase
Employees+20%
10 in 2021 to 12 in 2023
Biggest decrease
Total Assets-17.9%
£37.50K in 2021 to £30.79K in 2023
PROHIBITION LOUNGE LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, 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 PROHIBITION LOUNGE 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
- -63.62%2023
- Liabilities to total assets
- 163.62%2023
- Cash to liabilities
- 0.96%2023
- Cash to total assets
- 1.57%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 PROHIBITION LOUNGE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -13.87K | -27.04K | -19.59K |
| Total Assets£ | 37.50K | 32.80K | 30.79K |
| Cash in Bank£ | – | 1.80K | 482.00 |
| Total Liabilities£ | 51.37K | 59.84K | 50.37K |
| Employees | 10 | 12 | 12 |
PROHIBITION LOUNGE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has PROHIBITION LOUNGE LTD filed financial statements?
Yes. Okredo holds filed figures for PROHIBITION LOUNGE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did PROHIBITION LOUNGE LTD report in 2023?
PROHIBITION LOUNGE LTD reported net assets of £-19.59K for 2023. That compares with £-27.04K in 2022, a change of 27.56%.
What total assets did PROHIBITION LOUNGE LTD report in 2023?
PROHIBITION LOUNGE LTD reported total assets of £30.79K for 2023. That compares with £32.80K in 2022, a change of -6.15%.
What cash in bank did PROHIBITION LOUNGE LTD report in 2023?
PROHIBITION LOUNGE LTD reported cash in bank of £482.00 for 2023. That compares with £1.80K in 2022, a change of -73.27%.
How many people does PROHIBITION LOUNGE LTD employ?
PROHIBITION LOUNGE LTD reported 12 employees in 2023, compared with 12 in 2022.
How have PROHIBITION LOUNGE LTD financials changed over the last 3 years?
Between 2021 and 2023, PROHIBITION LOUNGE LTD's total assets fell by 17.9%, total liabilities fell by 1.9% and employee numbers rose by 20%. Total assets contracted at 9.4% a year across the two years to 2023, from £37.50K to £30.79K. Reported headcount went from 10 in 2021 to 12 in 2023 (+2).
Which years of PROHIBITION LOUNGE LTD financial data are available?
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.