ACCESS FURTHER EDUCATION LIMITED Financials
- Company number
- 02749258CopyCopy
- Registered office
- Heath Mill Studios 68 Heath Mill Lane, Digbeth, Birmingham, West Midlands B9 4AR
- Incorporated
- 22/09/1992
Company snapshot
- Status
- Active
- Employees
- 401 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-13.34%vs 20232023: £8.44M
Total Assets
1.56%vs 20232023: £27.97M
Cash in Bank
351.48%vs 20232023: £248.69K
Total Liabilities
9.40%vs 20232023: £11.44M
Employees
+6vs 20232023: 395
In 2024, ACCESS FURTHER EDUCATION LIMITED reported net assets of £7.31M. The same filing shows total assets of £28.40M, cash in bank of £1.12M and total liabilities of £12.51M. Reported headcount was 401 in 2024. Net Assets fell from £8.44M in 2023 to £7.31M in 2024 (-13.34%). 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
-13.34%from £8.44M 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 ACCESS FURTHER EDUCATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-17.7%vs 2022-9.3% a year compound (CAGR)
Cash in Bank
+245%vs 2022+85.8% a year compound (CAGR)
Total Assets
+27.3%vs 2022+12.8% a year compound (CAGR)
Total Liabilities
+92.1%vs 2022+38.6% a year compound (CAGR)
Employees
+5.5%vs 2022+21Biggest increase
Cash in Bank+245%
£325.31K in 2022 to £1.12M in 2024
Biggest decrease
Net Assets-17.7%
£8.88M in 2022 to £7.31M in 2024
ACCESS FURTHER EDUCATION LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 ACCESS FURTHER EDUCATION 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
- 25.74%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
- 44.05%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.
- Cash to liabilities
- 8.97%2024
- 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
- 3.95%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £66.16K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ACCESS FURTHER EDUCATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 9.08M | 8.88M | 8.44M | 7.31M |
| Total Assets£ | 20.27M | 22.32M | 27.97M | 28.40M |
| Cash in Bank£ | 1.69M | 325.31K | 248.69K | 1.12M |
| Total Liabilities£ | 6.47M | 6.51M | 11.44M | 12.51M |
| Employees | 327 | 380 | 395 | 401 |
ACCESS FURTHER EDUCATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ACCESS FURTHER EDUCATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ACCESS FURTHER EDUCATION LIMITED reported net assets of £7.31M for 2024. That compares with £8.44M in 2023, a change of -13.34%.
ACCESS FURTHER EDUCATION LIMITED reported total assets of £28.40M for 2024. That compares with £27.97M in 2023, a change of 1.56%.
ACCESS FURTHER EDUCATION LIMITED reported cash in bank of £1.12M for 2024. That compares with £248.69K in 2023, a change of 351.48%.
ACCESS FURTHER EDUCATION LIMITED reported 401 employees in 2024, compared with 395 in 2023.
Between 2022 and 2024, ACCESS FURTHER EDUCATION LIMITED's net assets fell by 17.7%, cash in bank rose by 245%, total assets rose by 27.3% and total liabilities rose by 92.1%. Net assets contracted at 9.3% a year across the two years to 2024, from £8.88M to £7.31M. Reported headcount went from 380 in 2022 to 401 in 2024 (+21).
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.