ABSOLUTE COVERINGS LIMITED Financials
- Company number
- 04146553CopyCopy
- Registered office
- Astral House, Granville Way, Bicester, Oxfordshire OX26 4JT
- Incorporated
- 24/01/2001
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
61.58%vs 20242024: £50.33K
Total Assets
29.97%vs 20242024: £136.84K
Cash in Bank
67.65%vs 20242024: £45.49K
Total Liabilities
11.58%vs 20242024: £86.51K
Employees
-1vs 20242024: 4
In 2025, ABSOLUTE COVERINGS LIMITED reported net assets of £81.32K. The same filing shows total assets of £177.85K, cash in bank of £76.27K and total liabilities of £96.53K. Reported headcount was 3 in 2025. Total Assets rose from £136.84K in 2024 to £177.85K in 2025 (29.97%). 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
61.58%from £50.33K in 2024Year-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 ABSOLUTE COVERINGS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+100%vs 2023+41.6% a year compound (CAGR)
Cash in Bank
-24.8%vs 2023-13.3% a year compound (CAGR)
Total Assets
+7.9%vs 2023+3.9% a year compound (CAGR)
Total Liabilities
-22.3%vs 2023-11.8% a year compound (CAGR)
Employees
-25%vs 2023-1Biggest increase
Net Assets+100%
£40.58K in 2023 to £81.32K in 2025
Biggest decrease
Employees-25%
4 in 2023 to 3 in 2025
ABSOLUTE COVERINGS LIMITED'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ABSOLUTE COVERINGS 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
- 45.72%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
- 54.28%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
- 79.01%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
- 42.88%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 ABSOLUTE COVERINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 415.00 | 9.51K | 40.58K | 50.33K | 81.32K |
| Total Assets£ | 155.78K | 156.53K | 164.78K | 136.84K | 177.85K |
| Cash in Bank£ | 64.94K | 50.88K | 101.47K | 45.49K | 76.27K |
| Total Liabilities£ | 155.37K | 147.02K | 124.20K | 86.51K | 96.53K |
| Employees | 4 | 4 | 4 | 4 | 3 |
ABSOLUTE COVERINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ABSOLUTE COVERINGS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
ABSOLUTE COVERINGS LIMITED reported net assets of £81.32K for 2025. That compares with £50.33K in 2024, a change of 61.58%.
ABSOLUTE COVERINGS LIMITED reported total assets of £177.85K for 2025. That compares with £136.84K in 2024, a change of 29.97%.
ABSOLUTE COVERINGS LIMITED reported cash in bank of £76.27K for 2025. That compares with £45.49K in 2024, a change of 67.65%.
ABSOLUTE COVERINGS LIMITED reported 3 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, ABSOLUTE COVERINGS LIMITED's net assets rose by 100%, cash in bank fell by 24.8%, total assets rose by 7.9% and total liabilities fell by 22.3%. Net assets compounded at 41.6% a year across the two years to 2025, from £40.58K to £81.32K. Reported headcount went from 4 in 2023 to 3 in 2025 (-1).
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.