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AFFORDABLE FLOORING LIMITED Financials

Company number
10780237Copy
Copy
Registered office
31 Broadwater Street West, Worthing, West Sussex BN14 9BT
Incorporated
19/05/2017

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£7.33K2024
4.67%vs 2023

2023: £7.00K

Total Assets

£188.71K2024
-18.58%vs 2023

2023: £231.76K

Total Liabilities

£181.38K2024
-19.30%vs 2023

2023: £224.76K

Employees

42024
0vs 2023

2023: 4

In 2024, AFFORDABLE FLOORING LIMITED reported net assets of £7.33K. The same filing shows total assets of £188.71K and total liabilities of £181.38K. Reported headcount was 4 in 2024. Total Liabilities fell from £224.76K in 2023 to £181.38K in 2024 (-19.30%). 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

£7.33K2024
4.67%from £7.00K 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 AFFORDABLE FLOORING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.27K2022£7.33K2024
+124%vs 2022

+49.7% a year compound (CAGR)

Total Assets

£216.69K2022£188.71K2024
-12.9%vs 2022

-6.7% a year compound (CAGR)

Total Liabilities

£213.42K2022£181.38K2024
-15%vs 2022

-7.8% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Net Assets+124%

£3.27K in 2022 to £7.33K in 2024

Biggest decrease

Total Liabilities-15%

£213.42K in 2022 to £181.38K in 2024

AFFORDABLE FLOORING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AFFORDABLE FLOORING 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
3.88%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
96.12%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 AFFORDABLE FLOORING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.54K3.27K7.00K7.33K
Total Assets£153.59K216.69K231.76K188.71K
Cash in Bank£––––
Total Liabilities£152.05K213.42K224.76K181.38K
Employees3444

AFFORDABLE FLOORING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for AFFORDABLE FLOORING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

AFFORDABLE FLOORING LIMITED reported net assets of £7.33K for 2024. That compares with £7.00K in 2023, a change of 4.67%.

AFFORDABLE FLOORING LIMITED reported total assets of £188.71K for 2024. That compares with £231.76K in 2023, a change of -18.58%.

AFFORDABLE FLOORING LIMITED reported total liabilities of £181.38K for 2024. That compares with £224.76K in 2023, a change of -19.30%.

AFFORDABLE FLOORING LIMITED reported 4 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, AFFORDABLE FLOORING LIMITED's net assets rose by 124%, total assets fell by 12.9%, total liabilities fell by 15% and employee numbers was unchanged. Net assets compounded at 49.7% a year across the two years to 2024, from £3.27K to £7.33K. Reported headcount went from 4 in 2022 to 4 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.