Active

WE CAN LOCATE LTD Financials

Company number
09233496Copy
Copy
Registered office
3 Hardman Square, Manchester M3 3EB
Incorporated
24/09/2014

Company snapshot

Status
Active
Employees
43 (2023)
Latest financial data
2023
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£824.71K2023
65.18%vs 2022

2022: £499.28K

Total Assets

£1.31M2023
106.40%vs 2022

2022: £635.18K

Cash in Bank

£289.68K2023
69.90%vs 2022

2022: £170.50K

Total Liabilities

£87.64K2023
62.90%vs 2022

2022: £53.80K

Employees

432023
+16vs 2022

2022: 27

In 2023, WE CAN LOCATE LTD reported net assets of £824.71K. The same filing shows total assets of £1.31M, cash in bank of £289.68K and total liabilities of £87.64K. Reported headcount was 43 in 2023. Total Assets rose from £635.18K in 2022 to £1.31M in 2023 (106.40%). Okredo holds filed figures for 2021–2023; 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

£824.71K2023
65.18%from £499.28K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures WE CAN LOCATE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£398.50K2021£824.71K2023
+107%vs 2021

+43.9% a year compound (CAGR)

Cash in Bank

£115.20K2021£289.68K2023
+151%vs 2021

+58.6% a year compound (CAGR)

Employees

132021432023
+231%vs 2021+30

Biggest increase

Employees+231%

13 in 2021 to 43 in 2023

Every indicator Okredo holds for WE CAN LOCATE LTD rose between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, with net assets and cash in bank climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WE CAN LOCATE 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
62.91%2023
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
6.69%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
330.53%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
22.10%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 WE CAN LOCATE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£398.50K499.28K824.71K
Total Assets£–635.18K1.31M
Cash in Bank£115.20K170.50K289.68K
Total Liabilities£–53.80K87.64K
Employees132743

WE CAN LOCATE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WE CAN LOCATE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

WE CAN LOCATE LTD reported net assets of £824.71K for 2023. That compares with £499.28K in 2022, a change of 65.18%.

WE CAN LOCATE LTD reported total assets of £1.31M for 2023. That compares with £635.18K in 2022, a change of 106.40%.

WE CAN LOCATE LTD reported cash in bank of £289.68K for 2023. That compares with £170.50K in 2022, a change of 69.90%.

WE CAN LOCATE LTD reported 43 employees in 2023, compared with 27 in 2022.

Between 2021 and 2023, WE CAN LOCATE LTD's net assets rose by 107%, cash in bank rose by 151% and employee numbers rose by 231%. Net assets compounded at 43.9% a year across the two years to 2023, from £398.50K to £824.71K. Reported headcount went from 13 in 2021 to 43 in 2023 (+30).

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