UNDERBELLY LIMITED Financials
- Company number
- 04206540CopyCopy
- Registered office
- 4th Floor 36-38 Hatton Garden, London EC1N 8EB
- Incorporated
- 26/04/2001
Company snapshot
- Status
- Active
- Employees
- 30 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
15.32%vs 20252025: £-6.92M
Total Assets
-1.34%vs 20252025: £7.71M
Cash in Bank
-54.84%vs 20252025: £400.39K
Total Liabilities
-7.70%vs 20252025: £12.02M
Employees
+1vs 20252025: 29
In 2026, UNDERBELLY LIMITED reported net assets of £-5.86M. The same filing shows total assets of £7.60M, cash in bank of £180.80K and total liabilities of £11.09M. Reported headcount was 30 in 2026. Net Assets rose from £-6.92M in 2025 to £-5.86M in 2026 (15.32%). Okredo holds filed figures for 2022–2026; 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
15.32%from £-6.92M in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures UNDERBELLY LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
Increasedvs 2024Cash in Bank
-57.4%vs 2024-34.7% a year compound (CAGR)
Total Assets
-17.9%vs 2024-9.4% a year compound (CAGR)
Total Liabilities
-21.5%vs 2024-11.4% a year compound (CAGR)
Employees
+15.4%vs 2024+4Biggest increase
Employees+15.4%
26 in 2024 to 30 in 2026
Biggest decrease
Cash in Bank-57.4%
£424.16K in 2024 to £180.80K in 2026
UNDERBELLY LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from UNDERBELLY 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
- -77.07%2026
- 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
- 145.92%2026
- 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
- 1.63%2026
- 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
- 2.38%2026
- 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 UNDERBELLY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | -1.24M | -3.08M | -7.76M | -6.92M | -5.86M |
| Total Assets£ | 9.68M | 7.52M | 9.26M | 7.71M | 7.60M |
| Cash in Bank£ | 229.19K | 256.19K | 424.16K | 400.39K | 180.80K |
| Total Liabilities£ | 8.40M | 8.04M | 14.13M | 12.02M | 11.09M |
| Employees | 25 | 26 | 26 | 29 | 30 |
UNDERBELLY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for UNDERBELLY LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
UNDERBELLY LIMITED reported net assets of £-5.86M for 2026. That compares with £-6.92M in 2025, a change of 15.32%.
UNDERBELLY LIMITED reported total assets of £7.60M for 2026. That compares with £7.71M in 2025, a change of -1.34%.
UNDERBELLY LIMITED reported cash in bank of £180.80K for 2026. That compares with £400.39K in 2025, a change of -54.84%.
UNDERBELLY LIMITED reported 30 employees in 2026, compared with 29 in 2025.
Between 2024 and 2026, UNDERBELLY LIMITED's cash in bank fell by 57.4%, total assets fell by 17.9%, total liabilities fell by 21.5% and employee numbers rose by 15.4%. Cash in bank contracted at 34.7% a year across the two years to 2026, from £424.16K to £180.80K. Reported headcount went from 26 in 2024 to 30 in 2026 (+4).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.