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PROSPERITY DEVELOPMENTS LTD Financials

Company number
05178939Copy
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Registered office
239-241 Kennington Lane, London SE11 5QU
Incorporated
13/07/2004

Company snapshot

Status
Active
Employees
2 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£1.81M2024
3.95%vs 2023

2023: £1.74M

Total Assets

£7.24M2024
2.69%vs 2023

2023: £7.06M

Cash in Bank

£5.99K2024
-7.31%vs 2023

2023: £6.46K

Total Liabilities

£5.43M2024
2.30%vs 2023

2023: £5.31M

Employees

22024
-1vs 2023

2023: 3

In 2024, PROSPERITY DEVELOPMENTS LTD reported net assets of £1.81M. The same filing shows total assets of £7.24M, cash in bank of £5.99K and total liabilities of £5.43M. Reported headcount was 2 in 2024. Total Assets rose from £7.06M in 2023 to £7.24M in 2024 (2.69%). 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

£1.81M2024
3.95%from £1.74M 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 PROSPERITY DEVELOPMENTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.70M2022£1.81M2024
+6.4%vs 2022

+3.2% a year compound (CAGR)

Cash in Bank

£2.97K2022£5.99K2024
+102%vs 2022

+42.1% a year compound (CAGR)

Employees

4202222024
-50%vs 2022-2

Biggest increase

Cash in Bank+102%

£2.97K in 2022 to £5.99K in 2024

Biggest decrease

Employees-50%

4 in 2022 to 2 in 2024

PROSPERITY DEVELOPMENTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PROSPERITY DEVELOPMENTS 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
24.99%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
74.93%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
0.11%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
0.08%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 PROSPERITY DEVELOPMENTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.71M1.70M1.74M1.81M
Total Assets£6.87M–7.06M7.24M
Cash in Bank£3.27K2.97K6.46K5.99K
Total Liabilities£5.16M–5.31M5.43M
Employees4432

PROSPERITY DEVELOPMENTS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has PROSPERITY DEVELOPMENTS LTD filed financial statements?

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

What net assets did PROSPERITY DEVELOPMENTS LTD report in 2024?

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PROSPERITY DEVELOPMENTS LTD reported net assets of £1.81M for 2024. That compares with £1.74M in 2023, a change of 3.95%.

What total assets did PROSPERITY DEVELOPMENTS LTD report in 2024?

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PROSPERITY DEVELOPMENTS LTD reported total assets of £7.24M for 2024. That compares with £7.06M in 2023, a change of 2.69%.

What cash in bank did PROSPERITY DEVELOPMENTS LTD report in 2024?

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PROSPERITY DEVELOPMENTS LTD reported cash in bank of £5.99K for 2024. That compares with £6.46K in 2023, a change of -7.31%.

How many people does PROSPERITY DEVELOPMENTS LTD employ?

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PROSPERITY DEVELOPMENTS LTD reported 2 employees in 2024, compared with 3 in 2023.

How have PROSPERITY DEVELOPMENTS LTD financials changed over the last 3 years?

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Between 2022 and 2024, PROSPERITY DEVELOPMENTS LTD's net assets rose by 6.4%, cash in bank rose by 102% and employee numbers fell by 50%. Net assets compounded at 3.2% a year across the two years to 2024, from £1.70M to £1.81M. Reported headcount went from 4 in 2022 to 2 in 2024 (-2).

Which years of PROSPERITY DEVELOPMENTS LTD financial data are available?

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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.