THE GIN LOUNGE LIMITED Financials
- Company number
- 10597857Copy
Copy - Registered office
- 4385, 10597857 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
- Incorporated
- 02/02/2017
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 2021–2024.
Net Assets
-128.93%vs 20232023: £-7.04K
Total Assets
-86.51%vs 20232023: £82.19K
Cash in Bank
-4.61%vs 20232023: £7.01K
Total Liabilities
-69.51%vs 20232023: £89.23K
Employees
0vs 20232023: 4
In 2024, THE GIN LOUNGE LIMITED reported net assets of £-16.12K. The same filing shows total assets of £11.09K, cash in bank of £6.69K and total liabilities of £27.21K. Reported headcount was 4 in 2024. Total Assets fell from £82.19K in 2023 to £11.09K in 2024 (-86.51%). 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
-128.93%from £-7.04K 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 THE GIN LOUNGE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-220%vs 2022Cash in Bank
-14%vs 2022-7.3% a year compound (CAGR)
Total Assets
-90%vs 2022-68.4% a year compound (CAGR)
Total Liabilities
-72.1%vs 2022-47.1% a year compound (CAGR)
Employees
-50%vs 2022-4Biggest decrease
Net Assets-220%
£13.40K in 2022 to £-16.12K in 2024
Every indicator Okredo holds for THE GIN LOUNGE LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE GIN LOUNGE 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
- -145.39%2024
- Liabilities to total assets
- 245.39%2024
- Cash to liabilities
- 24.58%2024
- Cash to total assets
- 60.31%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 THE GIN LOUNGE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 13.50K | 13.40K | -7.04K | -16.12K |
| Total Assets£ | 121.86K | 110.77K | 82.19K | 11.09K |
| Cash in Bank£ | 24.77K | 7.78K | 7.01K | 6.69K |
| Total Liabilities£ | 108.37K | 97.37K | 89.23K | 27.21K |
| Employees | 5 | 8 | 4 | 4 |
THE GIN LOUNGE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THE GIN LOUNGE LIMITED filed financial statements?
Yes. Okredo holds filed figures for THE GIN LOUNGE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THE GIN LOUNGE LIMITED report in 2024?
THE GIN LOUNGE LIMITED reported net assets of £-16.12K for 2024. That compares with £-7.04K in 2023, a change of -128.93%.
What total assets did THE GIN LOUNGE LIMITED report in 2024?
THE GIN LOUNGE LIMITED reported total assets of £11.09K for 2024. That compares with £82.19K in 2023, a change of -86.51%.
What cash in bank did THE GIN LOUNGE LIMITED report in 2024?
THE GIN LOUNGE LIMITED reported cash in bank of £6.69K for 2024. That compares with £7.01K in 2023, a change of -4.61%.
How many people does THE GIN LOUNGE LIMITED employ?
THE GIN LOUNGE LIMITED reported 4 employees in 2024, compared with 4 in 2023.
How have THE GIN LOUNGE LIMITED financials changed over the last 3 years?
Between 2022 and 2024, THE GIN LOUNGE LIMITED's net assets fell by 220%, cash in bank fell by 14%, total assets fell by 90% and total liabilities fell by 72.1%. Cash in bank contracted at 7.3% a year across the two years to 2024, from £7.78K to £6.69K. Reported headcount went from 8 in 2022 to 4 in 2024 (-4).
Which years of THE GIN LOUNGE LIMITED financial data are available?
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.