RECOVERY HOMES 4 YOUNG PEOPLE LTD Financials
- Company number
- 11529081CopyCopy
- Registered office
- Building 3 566, Chiswick High Road, London W4 5YA
- Incorporated
- 21/08/2018
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-87.60%vs 20222022: £-12.69K
Total Assets
24.61%vs 20222022: £46.99K
Total Liabilities
38.00%vs 20222022: £59.68K
Employees
-3vs 20222022: 15
In 2023, RECOVERY HOMES 4 YOUNG PEOPLE LTD reported net assets of £-23.81K. The same filing shows total assets of £58.56K and total liabilities of £82.37K. Reported headcount was 12 in 2023. Total Liabilities rose from £59.68K in 2022 to £82.37K in 2023 (38.00%). 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
-87.60%from £-12.69K 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 RECOVERY HOMES 4 YOUNG PEOPLE 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
+30.5%vs 2021+14.2% a year compound (CAGR)
Total Liabilities
+36%vs 2021+16.6% a year compound (CAGR)
Employees
-25%vs 2021-4Biggest increase
Total Liabilities+36%
£60.58K in 2021 to £82.37K in 2023
Biggest decrease
Employees-25%
16 in 2021 to 12 in 2023
RECOVERY HOMES 4 YOUNG PEOPLE LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 RECOVERY HOMES 4 YOUNG PEOPLE 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
- -40.65%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.
- Liabilities to total assets
- 140.65%2023
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RECOVERY HOMES 4 YOUNG PEOPLE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -15.72K | -12.69K | -23.81K |
| Total Assets£ | 44.87K | 46.99K | 58.56K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 60.58K | 59.68K | 82.37K |
| Employees | 16 | 15 | 12 |
RECOVERY HOMES 4 YOUNG PEOPLE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RECOVERY HOMES 4 YOUNG PEOPLE LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
RECOVERY HOMES 4 YOUNG PEOPLE LTD reported net assets of £-23.81K for 2023. That compares with £-12.69K in 2022, a change of -87.60%.
RECOVERY HOMES 4 YOUNG PEOPLE LTD reported total assets of £58.56K for 2023. That compares with £46.99K in 2022, a change of 24.61%.
RECOVERY HOMES 4 YOUNG PEOPLE LTD reported total liabilities of £82.37K for 2023. That compares with £59.68K in 2022, a change of 38.00%.
RECOVERY HOMES 4 YOUNG PEOPLE LTD reported 12 employees in 2023, compared with 15 in 2022.
Between 2021 and 2023, RECOVERY HOMES 4 YOUNG PEOPLE LTD's total assets rose by 30.5%, total liabilities rose by 36% and employee numbers fell by 25%. Total assets compounded at 14.2% a year across the two years to 2023, from £44.87K to £58.56K. Reported headcount went from 16 in 2021 to 12 in 2023 (-4).
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.