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THE LOCAL TEACHERS LTD Financials

Company number
09828963Copy
Copy
Registered office
1st Floor Flat, 35 Horn Lane, Acton, London W3 9NJ
Incorporated
16/10/2015

Company snapshot

Status
Active
Employees
15 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£68.23K2024
-0.03%vs 2023

2023: £68.26K

Total Assets

£3.72K2024
-23.79%vs 2023

2023: £4.88K

Total Liabilities

£-65.50K2024
-37.76%vs 2023

2023: £-47.54K

Employees

152024
+8vs 2023

2023: 7

In 2024, THE LOCAL TEACHERS LTD reported net assets of £68.23K. The same filing shows total assets of £3.72K and total liabilities of £-65.50K. Reported headcount was 15 in 2024. Total Liabilities fell from £-47.54K in 2023 to £-65.50K in 2024 (-37.76%). 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

£68.23K2024
-0.03%from £68.26K in 2023

Year-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 LOCAL TEACHERS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£37.72K2022£68.23K2024
+80.9%vs 2022

+34.5% a year compound (CAGR)

Total Assets

£9.94K2022£3.72K2024
-62.6%vs 2022

-38.8% a year compound (CAGR)

Total Liabilities

£-46.31K2022£-65.50K2024
Decreasedvs 2022

Employees

162022152024
-6.3%vs 2022-1

Biggest increase

Net Assets+80.9%

£37.72K in 2022 to £68.23K in 2024

Biggest decrease

Total Assets-62.6%

£9.94K in 2022 to £3.72K in 2024

THE LOCAL TEACHERS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE LOCAL TEACHERS 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
1,834.69%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
-1,761.15%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 LOCAL TEACHERS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£30.91K37.72K68.26K68.23K
Total Assets£6.66K9.94K4.88K3.72K
Cash in Bank£––––
Total Liabilities£-37.24K-46.31K-47.54K-65.50K
Employees2016715

THE LOCAL TEACHERS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE LOCAL TEACHERS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

THE LOCAL TEACHERS LTD reported net assets of £68.23K for 2024. That compares with £68.26K in 2023, a change of -0.03%.

THE LOCAL TEACHERS LTD reported total assets of £3.72K for 2024. That compares with £4.88K in 2023, a change of -23.79%.

THE LOCAL TEACHERS LTD reported total liabilities of £-65.50K for 2024. That compares with £-47.54K in 2023, a change of -37.76%.

THE LOCAL TEACHERS LTD reported 15 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, THE LOCAL TEACHERS LTD's net assets rose by 80.9%, total assets fell by 62.6% and employee numbers fell by 6.3%. Net assets compounded at 34.5% a year across the two years to 2024, from £37.72K to £68.23K. Reported headcount went from 16 in 2022 to 15 in 2024 (-1).

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.