ADVOCATE ARMS LIMITED Financials
- Company number
- 11099548Copy
Copy - Registered office
- 17 Old Courts Road, Brigg, Lincolnshire DN20 8JD
- Incorporated
- 06/12/2017
Company snapshot
- Status
- Active
- Employees
- 28 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-73.68%vs 20232023: £30.20K
Total Assets
-6.61%vs 20232023: £123.95K
Total Liabilities
15.00%vs 20232023: £93.75K
Employees
+14vs 20232023: 14
In 2024, ADVOCATE ARMS LIMITED reported net assets of £7.95K. The same filing shows total assets of £115.76K and total liabilities of £107.81K. Reported headcount was 28 in 2024. Net Assets fell from £30.20K in 2023 to £7.95K in 2024 (-73.68%). 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
-73.68%from £30.20K 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 ADVOCATE ARMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-80.3%vs 2022-55.6% a year compound (CAGR)
Total Assets
+82.1%vs 2022+34.9% a year compound (CAGR)
Total Liabilities
+362%vs 2022+115% a year compound (CAGR)
Employees
+211%vs 2022+19Biggest increase
Total Liabilities+362%
£23.32K in 2022 to £107.81K in 2024
Biggest decrease
Net Assets-80.3%
£40.26K in 2022 to £7.95K in 2024
ADVOCATE ARMS LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ADVOCATE ARMS 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
- 6.87%2024
- Liabilities to total assets
- 93.13%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.
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 ADVOCATE ARMS 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£ | 34.91K | 40.26K | 30.20K | 7.95K |
| Total Assets£ | 81.87K | 63.59K | 123.95K | 115.76K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 16.28K | 23.32K | 93.75K | 107.81K |
| Employees | 10 | 9 | 14 | 28 |
ADVOCATE ARMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ADVOCATE ARMS LIMITED filed financial statements?
Yes. Okredo holds filed figures for ADVOCATE ARMS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did ADVOCATE ARMS LIMITED report in 2024?
ADVOCATE ARMS LIMITED reported net assets of £7.95K for 2024. That compares with £30.20K in 2023, a change of -73.68%.
What total assets did ADVOCATE ARMS LIMITED report in 2024?
ADVOCATE ARMS LIMITED reported total assets of £115.76K for 2024. That compares with £123.95K in 2023, a change of -6.61%.
What total liabilities did ADVOCATE ARMS LIMITED report in 2024?
ADVOCATE ARMS LIMITED reported total liabilities of £107.81K for 2024. That compares with £93.75K in 2023, a change of 15.00%.
How many people does ADVOCATE ARMS LIMITED employ?
ADVOCATE ARMS LIMITED reported 28 employees in 2024, compared with 14 in 2023.
How have ADVOCATE ARMS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ADVOCATE ARMS LIMITED's net assets fell by 80.3%, total assets rose by 82.1%, total liabilities rose by 362% and employee numbers rose by 211%. Net assets contracted at 55.6% a year across the two years to 2024, from £40.26K to £7.95K. Reported headcount went from 9 in 2022 to 28 in 2024 (+19).
Which years of ADVOCATE ARMS LIMITED financial data are available?
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.