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WE ARE MIND LABS LTD Financials

Company number
12593554Copy
Copy
Registered office
Building 3 Chiswick Park, 566 Chiswick High Rd, London W4 5YA
Incorporated
11/05/2020

Company snapshot

Status
Active
Employees
2 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£1.21M2025
309.77%vs 2024

2024: £295.72K

Total Assets

£1.21M2025
-40.79%vs 2024

2024: £2.05M

Cash in Bank

£1.17M2025
-28.52%vs 2024

2024: £1.64M

Total Liabilities

£1.41K2025
-99.92%vs 2024

2024: £1.74M

Employees

22025
0vs 2024

2024: 2

In 2025, WE ARE MIND LABS LTD reported net assets of £1.21M. The same filing shows total assets of £1.21M, cash in bank of £1.17M and total liabilities of £1.41K. Reported headcount was 2 in 2025. Total Liabilities fell from £1.74M in 2024 to £1.41K in 2025 (-99.92%). Okredo holds filed figures for 2021–2025; 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

£1.21M2025
309.77%from £295.72K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures WE ARE MIND LABS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£714.13K2023£1.21M2025
+69.7%vs 2023

+30.3% a year compound (CAGR)

Cash in Bank

£2.23M2023£1.17M2025
-47.5%vs 2023

-27.5% a year compound (CAGR)

Total Assets

£2.49M2023£1.21M2025
-51.3%vs 2023

-30.2% a year compound (CAGR)

Total Liabilities

£1.75M2023£1.41K2025
-99.9%vs 2023

-97.2% a year compound (CAGR)

Employees

7202322025
-71.4%vs 2023-5

Biggest increase

Net Assets+69.7%

£714.13K in 2023 to £1.21M in 2025

Biggest decrease

Total Liabilities-99.9%

£1.75M in 2023 to £1.41K in 2025

WE ARE MIND LABS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WE ARE MIND LABS 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
99.88%2025
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
0.12%2025
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
83,036.62%2025
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
96.44%2025
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 WE ARE MIND LABS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£946.09K1.87M714.13K295.72K1.21M
Total Assets£966.84K3.66M2.49M2.05M1.21M
Cash in Bank£907.31K3.45M2.23M1.64M1.17M
Total Liabilities£20.75K1.78M1.75M1.74M1.41K
Employees613722

WE ARE MIND LABS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WE ARE MIND LABS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

WE ARE MIND LABS LTD reported net assets of £1.21M for 2025. That compares with £295.72K in 2024, a change of 309.77%.

WE ARE MIND LABS LTD reported total assets of £1.21M for 2025. That compares with £2.05M in 2024, a change of -40.79%.

WE ARE MIND LABS LTD reported cash in bank of £1.17M for 2025. That compares with £1.64M in 2024, a change of -28.52%.

WE ARE MIND LABS LTD reported 2 employees in 2025, compared with 2 in 2024.

Between 2023 and 2025, WE ARE MIND LABS LTD's net assets rose by 69.7%, cash in bank fell by 47.5%, total assets fell by 51.3% and total liabilities fell by 99.9%. Net assets compounded at 30.3% a year across the two years to 2025, from £714.13K to £1.21M. Reported headcount went from 7 in 2023 to 2 in 2025 (-5).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.