1948 GROUP LIMITED Financials
- Company number
- 03713113CopyCopy
- Registered office
- Henwood House, Henwood, Ashford, Kent TN24 8DH
- Incorporated
- 12/02/1999
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-3.23%vs 20222022: £8.68M
Total Assets
7.14%vs 20222022: £30.15M
Cash in Bank
-64.10%vs 20222022: £935.84K
Total Liabilities
8.39%vs 20222022: £8.20M
Employees
+1vs 20222022: 4
In 2023, 1948 GROUP LIMITED reported net assets of £8.40M. The same filing shows total assets of £32.30M, cash in bank of £335.94K and total liabilities of £8.88M. Reported headcount was 5 in 2023. Total Assets rose from £30.15M in 2022 to £32.30M in 2023 (7.14%). 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
-3.23%from £8.68M in 2022Year-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 1948 GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-5.5%vs 2021-2.8% a year compound (CAGR)
Cash in Bank
+4.7%vs 2021+2.3% a year compound (CAGR)
Total Assets
+5.6%vs 2021+2.8% a year compound (CAGR)
Total Liabilities
+5.5%vs 2021+2.7% a year compound (CAGR)
Employees
+25%vs 2021+1Biggest increase
Employees+25%
4 in 2021 to 5 in 2023
Biggest decrease
Net Assets-5.5%
£8.89M in 2021 to £8.40M in 2023
1948 GROUP LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 1948 GROUP 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
- 26.00%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
- 27.50%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
- 3.78%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
- 1.04%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 1948 GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 8.89M | 8.68M | 8.40M |
| Total Assets£ | 30.58M | 30.15M | 32.30M |
| Cash in Bank£ | 320.76K | 935.84K | 335.94K |
| Total Liabilities£ | 8.42M | 8.20M | 8.88M |
| Employees | 4 | 4 | 5 |
1948 GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 1948 GROUP LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
1948 GROUP LIMITED reported net assets of £8.40M for 2023. That compares with £8.68M in 2022, a change of -3.23%.
1948 GROUP LIMITED reported total assets of £32.30M for 2023. That compares with £30.15M in 2022, a change of 7.14%.
1948 GROUP LIMITED reported cash in bank of £335.94K for 2023. That compares with £935.84K in 2022, a change of -64.10%.
1948 GROUP LIMITED reported 5 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, 1948 GROUP LIMITED's net assets fell by 5.5%, cash in bank rose by 4.7%, total assets rose by 5.6% and total liabilities rose by 5.5%. Net assets contracted at 2.8% a year across the two years to 2023, from £8.89M to £8.40M. Reported headcount went from 4 in 2021 to 5 in 2023 (+1).
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.