ULTIMATE ASSET LIMITED Financials
- Company number
- 05597205CopyCopy
- Registered office
- 167-169 Great Portland Street, 5th Floor, London W1W 5PF
- Incorporated
- 19/10/2005
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-67.57%vs 20232023: £132.65K
Total Assets
-26.67%vs 20232023: £268.58K
Cash in Bank
-72.84%vs 20222022: £240.88K
Total Liabilities
-45.55%vs 20222022: £246.06K
Employees
0vs 20232023: 8
In 2024, ULTIMATE ASSET LIMITED reported net assets of £43.02K. The same filing shows total assets of £196.94K, cash in bank of £65.41K and total liabilities of £133.98K. Reported headcount was 8 in 2024. Cash in Bank fell from £240.88K in 2022 to £65.41K in 2023 (-72.84%). 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
-67.57%from £132.65K 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 ULTIMATE ASSET LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-80.2%vs 2022-55.5% a year compound (CAGR)
Total Assets
-57.7%vs 2022-35% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-80.2%
£216.98K in 2022 to £43.02K in 2024
Every measure that changed in ULTIMATE ASSET LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ULTIMATE ASSET 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
- 21.84%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
- 49.89%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
- 48.82%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
- 24.36%2023
- 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 ULTIMATE ASSET 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£ | 97.08K | 216.98K | 132.65K | 43.02K |
| Total Assets£ | 344.33K | 465.63K | 268.58K | 196.94K |
| Cash in Bank£ | 200.11K | 240.88K | 65.41K | – |
| Total Liabilities£ | 243.79K | 246.06K | 133.98K | – |
| Employees | 10 | 8 | 8 | 8 |
ULTIMATE ASSET LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ULTIMATE ASSET LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ULTIMATE ASSET LIMITED reported net assets of £43.02K for 2024. That compares with £132.65K in 2023, a change of -67.57%.
ULTIMATE ASSET LIMITED reported total assets of £196.94K for 2024. That compares with £268.58K in 2023, a change of -26.67%.
ULTIMATE ASSET LIMITED reported cash in bank of £65.41K for 2023. That compares with £240.88K in 2022, a change of -72.84%.
ULTIMATE ASSET LIMITED reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, ULTIMATE ASSET LIMITED's net assets fell by 80.2%, total assets fell by 57.7% and employee numbers was unchanged. Net assets contracted at 55.5% a year across the two years to 2024, from £216.98K to £43.02K. Reported headcount went from 8 in 2022 to 8 in 2024.
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.