THE FUTURE LABORATORY LIMITED Financials
- Company number
- 04082552CopyCopy
- Registered office
- 6 Orsman Road, London N1 5QJ
- Incorporated
- 03/10/2000
Company snapshot
- Status
- Active
- Employees
- 45 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-171.97%vs 20222022: £-122.44K
Total Assets
-14.54%vs 20222022: £2.20M
Cash in Bank
-31.02%vs 20222022: £763.20K
Total Liabilities
-4.71%vs 20222022: £2.32M
Employees
-1vs 20222022: 46
In 2023, THE FUTURE LABORATORY LIMITED reported net assets of £-333.00K. The same filing shows total assets of £1.88M, cash in bank of £526.48K and total liabilities of £2.21M. Reported headcount was 45 in 2023. Total Assets fell from £2.20M in 2022 to £1.88M in 2023 (-14.54%). 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
-171.97%from £-122.44K 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 THE FUTURE LABORATORY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
+578%vs 2021+160% a year compound (CAGR)
Total Assets
-8.8%vs 2021-4.5% a year compound (CAGR)
Total Liabilities
-11.9%vs 2021-6.2% a year compound (CAGR)
Employees
-11.8%vs 2021-6Biggest increase
Cash in Bank+578%
£77.66K in 2021 to £526.48K in 2023
Biggest decrease
Total Liabilities-11.9%
£2.51M in 2021 to £2.21M in 2023
THE FUTURE LABORATORY LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE FUTURE LABORATORY LIMITED'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
- -17.71%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
- 117.71%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.
- Cash to liabilities
- 23.78%2023
- 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
- 28.00%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £102.76K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE FUTURE LABORATORY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -507.62K | -122.44K | -333.00K |
| Total Assets£ | 2.06M | 2.20M | 1.88M |
| Cash in Bank£ | 77.66K | 763.20K | 526.48K |
| Total Liabilities£ | 2.51M | 2.32M | 2.21M |
| Employees | 51 | 46 | 45 |
THE FUTURE LABORATORY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE FUTURE LABORATORY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
THE FUTURE LABORATORY LIMITED reported net assets of £-333.00K for 2023. That compares with £-122.44K in 2022, a change of -171.97%.
THE FUTURE LABORATORY LIMITED reported total assets of £1.88M for 2023. That compares with £2.20M in 2022, a change of -14.54%.
THE FUTURE LABORATORY LIMITED reported cash in bank of £526.48K for 2023. That compares with £763.20K in 2022, a change of -31.02%.
THE FUTURE LABORATORY LIMITED reported 45 employees in 2023, compared with 46 in 2022.
Between 2021 and 2023, THE FUTURE LABORATORY LIMITED's cash in bank rose by 578%, total assets fell by 8.8%, total liabilities fell by 11.9% and employee numbers fell by 11.8%. Cash in bank compounded at 160% a year across the two years to 2023, from £77.66K to £526.48K. Reported headcount went from 51 in 2021 to 45 in 2023 (-6).
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.