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TEAM LYRIC LTD Financials

Company number
13663444Copy
Copy
Registered office
Taxassist, 70 Upper Richmond Road Putney, London, London SW15 2RP
Incorporated
05/10/2021

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£789.002025
-96.63%vs 2024

2024: £23.39K

Total Assets

£179.46K2025
9.27%vs 2024

2024: £164.24K

Total Liabilities

£178.68K2025
26.86%vs 2024

2024: £140.85K

Employees

42025
+1vs 2024

2024: 3

In 2025, TEAM LYRIC LTD reported net assets of £789.00. The same filing shows total assets of £179.46K and total liabilities of £178.68K. Reported headcount was 4 in 2025. Total Liabilities rose from £140.85K in 2024 to £178.68K in 2025 (26.86%). Okredo holds filed figures for 2022–2025; 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

£789.002025
-96.63%from £23.39K in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures TEAM LYRIC LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-7.91K2023£789.002025
Increasedvs 2023

Total Assets

£161.91K2023£179.46K2025
+10.8%vs 2023

+5.3% a year compound (CAGR)

Total Liabilities

£169.82K2023£178.68K2025
+5.2%vs 2023

+2.6% a year compound (CAGR)

Employees

1202342025
+300%vs 2023+3

Biggest increase

Employees+300%

1 in 2023 to 4 in 2025

Every indicator Okredo holds for TEAM LYRIC LTD rose between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from TEAM LYRIC 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
0.44%2025
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
99.56%2025
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 TEAM LYRIC LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£10.98K-7.91K23.39K789.00
Total Assets£70.25K161.91K164.24K179.46K
Cash in Bank£––––
Total Liabilities£59.27K169.82K140.85K178.68K
Employees3134

TEAM LYRIC LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for TEAM LYRIC LTD covering 2022–2025, across 4 reported indicators. The most recent reported year is 2025.

TEAM LYRIC LTD reported net assets of £789.00 for 2025. That compares with £23.39K in 2024, a change of -96.63%.

TEAM LYRIC LTD reported total assets of £179.46K for 2025. That compares with £164.24K in 2024, a change of 9.27%.

TEAM LYRIC LTD reported total liabilities of £178.68K for 2025. That compares with £140.85K in 2024, a change of 26.86%.

TEAM LYRIC LTD reported 4 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, TEAM LYRIC LTD's total assets rose by 10.8%, total liabilities rose by 5.2% and employee numbers rose by 300%. Total assets compounded at 5.3% a year across the two years to 2025, from £161.91K to £179.46K. Reported headcount went from 1 in 2023 to 4 in 2025 (+3).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.