SHAFFU DEVELOPMENT GROUP LTD Financials
- Company number
- 12211754CopyCopy
- Registered office
- Woodfords Solicitors Llp, 11 Harwood Road, London SW6 4QP
- Incorporated
- 17/09/2019
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
18.80%vs 20232023: £-146.04K
Total Assets
-10.48%vs 20232023: £257.96K
Cash in Bank
41.48%vs 20232023: £3.86K
Total Liabilities
-13.49%vs 20232023: £404.00K
Employees
0vs 20232023: 6
In 2024, SHAFFU DEVELOPMENT GROUP LTD reported net assets of £-118.58K. The same filing shows total assets of £230.93K, cash in bank of £5.45K and total liabilities of £349.51K. Reported headcount was 6 in 2024. Total Liabilities fell from £404.00K in 2023 to £349.51K in 2024 (-13.49%). 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
18.80%from £-146.04K 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 SHAFFU DEVELOPMENT GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-223%vs 2022Cash in Bank
-52.9%vs 2022-31.4% a year compound (CAGR)
Employees
+50%vs 2022+2Biggest increase
Employees+50%
4 in 2022 to 6 in 2024
Biggest decrease
Net Assets-223%
£96.26K in 2022 to £-118.58K in 2024
SHAFFU DEVELOPMENT GROUP 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 SHAFFU DEVELOPMENT GROUP 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
- -51.35%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
- 151.35%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
- 1.56%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
- 2.36%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 SHAFFU DEVELOPMENT GROUP 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£ | -9.76K | 96.26K | -146.04K | -118.58K |
| Total Assets£ | 198.15K | – | 257.96K | 230.93K |
| Cash in Bank£ | 197.53K | 11.59K | 3.86K | 5.45K |
| Total Liabilities£ | 207.91K | – | 404.00K | 349.51K |
| Employees | 2 | 4 | 6 | 6 |
SHAFFU DEVELOPMENT GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SHAFFU DEVELOPMENT GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SHAFFU DEVELOPMENT GROUP LTD reported net assets of £-118.58K for 2024. That compares with £-146.04K in 2023, a change of 18.80%.
SHAFFU DEVELOPMENT GROUP LTD reported total assets of £230.93K for 2024. That compares with £257.96K in 2023, a change of -10.48%.
SHAFFU DEVELOPMENT GROUP LTD reported cash in bank of £5.45K for 2024. That compares with £3.86K in 2023, a change of 41.48%.
SHAFFU DEVELOPMENT GROUP LTD reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, SHAFFU DEVELOPMENT GROUP LTD's net assets fell by 223%, cash in bank fell by 52.9% and employee numbers rose by 50%. Cash in bank contracted at 31.4% a year across the two years to 2024, from £11.59K to £5.45K. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).
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.