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THE AUDIOLOGY ACADEMY LTD Financials

Company number
13204018Copy
Copy
Registered office
Unit 317 India Mill Business Centre, Darwen, Lancashire BB3 1AE
Incorporated
16/02/2021

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£-38.96K2024
-315.39%vs 2023

2023: £18.09K

Total Assets

£42.70K2024
-47.73%vs 2023

2023: £81.70K

Total Liabilities

£81.66K2024
28.38%vs 2023

2023: £63.61K

Employees

42024
+1vs 2023

2023: 3

In 2024, THE AUDIOLOGY ACADEMY LTD reported net assets of £-38.96K. The same filing shows total assets of £42.70K and total liabilities of £81.66K. Reported headcount was 4 in 2024. Net Assets fell from £18.09K in 2023 to £-38.96K in 2024 (-315.39%). Okredo holds filed figures for 2022–2024; 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

£-38.96K2024
-315.39%from £18.09K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures THE AUDIOLOGY ACADEMY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£11.45K2022£-38.96K2024
-440%vs 2022

Total Assets

£80.72K2022£42.70K2024
-47.1%vs 2022

-27.3% a year compound (CAGR)

Total Liabilities

£69.27K2022£81.66K2024
+17.9%vs 2022

+8.6% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Total Liabilities+17.9%

£69.27K in 2022 to £81.66K in 2024

Biggest decrease

Net Assets-440%

£11.45K in 2022 to £-38.96K in 2024

THE AUDIOLOGY ACADEMY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 THE AUDIOLOGY ACADEMY 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
-91.23%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
191.23%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THE AUDIOLOGY ACADEMY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£11.45K18.09K-38.96K
Total Assets£80.72K81.70K42.70K
Cash in Bank£–––
Total Liabilities£69.27K63.61K81.66K
Employees434

THE AUDIOLOGY ACADEMY LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE AUDIOLOGY ACADEMY LTD covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.

THE AUDIOLOGY ACADEMY LTD reported net assets of £-38.96K for 2024. That compares with £18.09K in 2023, a change of -315.39%.

THE AUDIOLOGY ACADEMY LTD reported total assets of £42.70K for 2024. That compares with £81.70K in 2023, a change of -47.73%.

THE AUDIOLOGY ACADEMY LTD reported total liabilities of £81.66K for 2024. That compares with £63.61K in 2023, a change of 28.38%.

THE AUDIOLOGY ACADEMY LTD reported 4 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, THE AUDIOLOGY ACADEMY LTD's net assets fell by 440%, total assets fell by 47.1%, total liabilities rose by 17.9% and employee numbers was unchanged. Total assets contracted at 27.3% a year across the two years to 2024, from £80.72K to £42.70K. Reported headcount went from 4 in 2022 to 4 in 2024.

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