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UNDERGROUND ECOM LTD Financials

Company number
11547503Copy
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Registered office
103 Farringdon Road, London EC1R 3BS
Incorporated
01/09/2018

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£911.47K2024
32.29%vs 2023

2023: £688.99K

Total Assets

£1.34M2024
-10.98%vs 2023

2023: £1.50M

Cash in Bank

£804.51K2024
-39.55%vs 2023

2023: £1.33M

Total Liabilities

£424.16K2024
-47.72%vs 2023

2023: £811.36K

Employees

62024
-1vs 2023

2023: 7

In 2024, UNDERGROUND ECOM LTD reported net assets of £911.47K. The same filing shows total assets of £1.34M, cash in bank of £804.51K and total liabilities of £424.16K. Reported headcount was 6 in 2024. Cash in Bank fell from £1.33M in 2023 to £804.51K in 2024 (-39.55%). 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

£911.47K2024
32.29%from £688.99K 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 UNDERGROUND ECOM LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£509.16K2022£911.47K2024
+79%vs 2022

+33.8% a year compound (CAGR)

Cash in Bank

£636.35K2022£804.51K2024
+26.4%vs 2022

+12.4% a year compound (CAGR)

Total Assets

£846.17K2022£1.34M2024
+57.8%vs 2022

+25.6% a year compound (CAGR)

Total Liabilities

£337.01K2022£424.16K2024
+25.9%vs 2022

+12.2% a year compound (CAGR)

Employees

4202262024
+50%vs 2022+2

Biggest increase

Net Assets+79%

£509.16K in 2022 to £911.47K in 2024

Every indicator Okredo holds for UNDERGROUND ECOM LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from UNDERGROUND ECOM 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
68.24%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
31.76%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.

Cash to liabilities
189.67%2024

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
60.23%2024

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 UNDERGROUND ECOM LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£636.42K509.16K688.99K911.47K
Total Assets£882.94K846.17K1.50M1.34M
Cash in Bank£772.91K636.35K1.33M804.51K
Total Liabilities£246.52K337.01K811.36K424.16K
Employees2476

UNDERGROUND ECOM LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has UNDERGROUND ECOM LTD filed financial statements?

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Yes. Okredo holds filed figures for UNDERGROUND ECOM LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did UNDERGROUND ECOM LTD report in 2024?

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UNDERGROUND ECOM LTD reported net assets of £911.47K for 2024. That compares with £688.99K in 2023, a change of 32.29%.

What total assets did UNDERGROUND ECOM LTD report in 2024?

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UNDERGROUND ECOM LTD reported total assets of £1.34M for 2024. That compares with £1.50M in 2023, a change of -10.98%.

What cash in bank did UNDERGROUND ECOM LTD report in 2024?

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UNDERGROUND ECOM LTD reported cash in bank of £804.51K for 2024. That compares with £1.33M in 2023, a change of -39.55%.

How many people does UNDERGROUND ECOM LTD employ?

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UNDERGROUND ECOM LTD reported 6 employees in 2024, compared with 7 in 2023.

How have UNDERGROUND ECOM LTD financials changed over the last 3 years?

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Between 2022 and 2024, UNDERGROUND ECOM LTD's net assets rose by 79%, cash in bank rose by 26.4%, total assets rose by 57.8% and total liabilities rose by 25.9%. Net assets compounded at 33.8% a year across the two years to 2024, from £509.16K to £911.47K. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).

Which years of UNDERGROUND ECOM LTD financial data are available?

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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.