WLAB LTD Financials
- Company number
- 09971211CopyCopy
- Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- 86-90 Paul Street, London EC2A 4NE
- Incorporated
- 26/01/2016
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-49.26%vs 20232023: £-814.34K
Total Assets
-14.98%vs 20232023: £719.87K
Total Liabilities
19.12%vs 20232023: £1.53M
Employees
-1vs 20232023: 3
In 2024, WLAB LTD reported net assets of £-1.22M. The same filing shows total assets of £612.03K and total liabilities of £1.83M. Reported headcount was 2 in 2024. Net Assets fell from £-814.34K in 2023 to £-1.22M in 2024 (-49.26%). 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
-49.26%from £-814.34K 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 WLAB LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
-48.3%vs 2022-28.1% a year compound (CAGR)
Total Liabilities
+14.5%vs 2022+7% a year compound (CAGR)
Employees
-33.3%vs 2022-1Biggest increase
Total Liabilities+14.5%
£1.60M in 2022 to £1.83M in 2024
Biggest decrease
Total Assets-48.3%
£1.18M in 2022 to £612.03K in 2024
WLAB LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WLAB 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
- -198.60%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
- 298.60%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WLAB LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -87.83K | -411.95K | -814.34K | -1.22M |
| Total Assets£ | 30.76K | 1.18M | 719.87K | 612.03K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 118.59K | 1.60M | 1.53M | 1.83M |
| Employees | 3 | 3 | 3 | 2 |
WLAB LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WLAB LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
WLAB LTD reported net assets of £-1.22M for 2024. That compares with £-814.34K in 2023, a change of -49.26%.
WLAB LTD reported total assets of £612.03K for 2024. That compares with £719.87K in 2023, a change of -14.98%.
WLAB LTD reported total liabilities of £1.83M for 2024. That compares with £1.53M in 2023, a change of 19.12%.
WLAB LTD reported 2 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, WLAB LTD's total assets fell by 48.3%, total liabilities rose by 14.5% and employee numbers fell by 33.3%. Total assets contracted at 28.1% a year across the two years to 2024, from £1.18M to £612.03K. Reported headcount went from 3 in 2022 to 2 in 2024 (-1).
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.