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AFE ASSET SOLUTIONS LIMITED Financials

Company number
12517365Copy
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Registered office
Belvedere House Suite 2.2, Basing View, Basingstoke RG21 4HG
Incorporated
13/03/2020

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£868.24K2023
226.12%vs 2022

2022: £-688.42K

Total Assets

£4.90M2023
35.35%vs 2022

2022: £3.62M

Cash in Bank

£661.02K2023
110.55%vs 2022

2022: £313.95K

Total Liabilities

£4.04M2023
-6.40%vs 2022

2022: £4.31M

Employees

42023
-1vs 2022

2022: 5

In 2023, AFE ASSET SOLUTIONS LIMITED reported net assets of £868.24K. The same filing shows total assets of £4.90M, cash in bank of £661.02K and total liabilities of £4.04M. Reported headcount was 4 in 2023. Net Assets rose from £-688.42K in 2022 to £868.24K in 2023 (226.12%). 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

£868.24K2023
226.12%from £-688.42K in 2022

Year-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 AFE ASSET SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-842.44K2021£868.24K2023
Increasedvs 2021

Cash in Bank

£1.01M2021£661.02K2023
-34.4%vs 2021

-19% a year compound (CAGR)

Total Assets

£3.03M2021£4.90M2023
+61.8%vs 2021

+27.2% a year compound (CAGR)

Total Liabilities

£3.87M2021£4.04M2023
+4.2%vs 2021

+2.1% a year compound (CAGR)

Employees

4202142023
0%vs 2021

Biggest increase

Total Assets+61.8%

£3.03M in 2021 to £4.90M in 2023

Biggest decrease

Cash in Bank-34.4%

£1.01M in 2021 to £661.02K in 2023

AFE ASSET SOLUTIONS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AFE ASSET SOLUTIONS 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
17.71%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
82.29%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
16.38%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
13.48%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 AFE ASSET SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-842.44K-688.42K868.24K
Total Assets£3.03M3.62M4.90M
Cash in Bank£1.01M313.95K661.02K
Total Liabilities£3.87M4.31M4.04M
Employees454

AFE ASSET SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has AFE ASSET SOLUTIONS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for AFE ASSET SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

What net assets did AFE ASSET SOLUTIONS LIMITED report in 2023?

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AFE ASSET SOLUTIONS LIMITED reported net assets of £868.24K for 2023. That compares with £-688.42K in 2022, a change of 226.12%.

What total assets did AFE ASSET SOLUTIONS LIMITED report in 2023?

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AFE ASSET SOLUTIONS LIMITED reported total assets of £4.90M for 2023. That compares with £3.62M in 2022, a change of 35.35%.

What cash in bank did AFE ASSET SOLUTIONS LIMITED report in 2023?

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AFE ASSET SOLUTIONS LIMITED reported cash in bank of £661.02K for 2023. That compares with £313.95K in 2022, a change of 110.55%.

How many people does AFE ASSET SOLUTIONS LIMITED employ?

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AFE ASSET SOLUTIONS LIMITED reported 4 employees in 2023, compared with 5 in 2022.

How have AFE ASSET SOLUTIONS LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, AFE ASSET SOLUTIONS LIMITED's cash in bank fell by 34.4%, total assets rose by 61.8%, total liabilities rose by 4.2% and employee numbers was unchanged. Cash in bank contracted at 19% a year across the two years to 2023, from £1.01M to £661.02K. Reported headcount went from 4 in 2021 to 4 in 2023.

Which years of AFE ASSET SOLUTIONS LIMITED financial data are available?

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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.