Active

AAK CARS LTD Financials

Company number
12070278Copy
Copy
Registered office
215 Church Road, London NW10 9EP
Incorporated
26/06/2019

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£7.49K2024
37.13%vs 2023

2023: £5.46K

Total Assets

£16.40K2024
31.05%vs 2023

2023: £12.52K

Total Liabilities

£8.91K2024
26.34%vs 2023

2023: £7.05K

Employees

82024
0vs 2023

2023: 8

In 2024, AAK CARS LTD reported net assets of £7.49K. The same filing shows total assets of £16.40K and total liabilities of £8.91K. Reported headcount was 8 in 2024. Total Assets rose from £12.52K in 2023 to £16.40K in 2024 (31.05%). 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

£7.49K2024
37.13%from £5.46K 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 AAK CARS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£4.02K2022£7.49K2024
+86.6%vs 2022

+36.6% a year compound (CAGR)

Total Assets

£11.66K2022£16.40K2024
+40.7%vs 2022

+18.6% a year compound (CAGR)

Total Liabilities

£7.64K2022£8.91K2024
+16.6%vs 2022

+8% a year compound (CAGR)

Employees

8202282024
0%vs 2022

Biggest increase

Net Assets+86.6%

£4.02K in 2022 to £7.49K in 2024

Every measure that changed in AAK CARS LTD's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AAK CARS 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
45.67%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
54.33%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 AAK CARS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.90K4.02K5.46K7.49K
Total Assets£3.30K11.66K12.52K16.40K
Cash in Bank£––––
Total Liabilities£-3.97K7.64K7.05K8.91K
Employees10888

AAK CARS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for AAK CARS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

AAK CARS LTD reported net assets of £7.49K for 2024. That compares with £5.46K in 2023, a change of 37.13%.

AAK CARS LTD reported total assets of £16.40K for 2024. That compares with £12.52K in 2023, a change of 31.05%.

AAK CARS LTD reported total liabilities of £8.91K for 2024. That compares with £7.05K in 2023, a change of 26.34%.

AAK CARS LTD reported 8 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, AAK CARS LTD's net assets rose by 86.6%, total assets rose by 40.7%, total liabilities rose by 16.6% and employee numbers was unchanged. Net assets compounded at 36.6% a year across the two years to 2024, from £4.02K to £7.49K. Reported headcount went from 8 in 2022 to 8 in 2024.

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.