AK CAR AND COMMERCIALS LTD Financials
- Company number
- 10972435CopyCopy
- Registered office
- C/O 30b City Business Park, Somerset Place, Plymouth PL3 4BB
- Incorporated
- 20/09/2017
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
8.31%vs 20232023: £361.01K
Total Assets
34.31%vs 20232023: £677.62K
Cash in Bank
134.04%vs 20212021: £-349.86K
Total Liabilities
63.96%vs 20232023: £316.61K
Employees
-2vs 20232023: 7
In 2024, AK CAR AND COMMERCIALS LTD reported net assets of £391.00K. The same filing shows total assets of £910.11K, cash in bank of £119.10K and total liabilities of £519.12K. Reported headcount was 5 in 2024. Cash in Bank rose from £-349.86K in 2021 to £119.10K in 2022 (134.04%). 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
8.31%from £361.01K 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 AK CAR AND COMMERCIALS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+7.6%vs 2022+3.7% a year compound (CAGR)
Total Assets
+72.8%vs 2022+31.5% a year compound (CAGR)
Total Liabilities
+3072%vs 2022+463% a year compound (CAGR)
Employees
-28.6%vs 2022-2Biggest increase
Total Liabilities+3072%
£16.37K in 2022 to £519.12K in 2024
Biggest decrease
Employees-28.6%
7 in 2022 to 5 in 2024
AK CAR AND COMMERCIALS LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AK CAR AND COMMERCIALS LTD'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
- 42.96%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
- 57.04%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
- 727.62%2022
- 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
- 22.61%2022
- 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 AK CAR AND COMMERCIALS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 287.50K | 363.51K | 361.01K | 391.00K |
| Total Assets£ | -1.89K | 526.65K | 677.62K | 910.11K |
| Cash in Bank£ | -349.86K | 119.10K | – | – |
| Total Liabilities£ | -289.40K | 16.37K | 316.61K | 519.12K |
| Employees | 0 | 7 | 7 | 5 |
AK CAR AND COMMERCIALS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AK CAR AND COMMERCIALS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AK CAR AND COMMERCIALS LTD reported net assets of £391.00K for 2024. That compares with £361.01K in 2023, a change of 8.31%.
AK CAR AND COMMERCIALS LTD reported total assets of £910.11K for 2024. That compares with £677.62K in 2023, a change of 34.31%.
AK CAR AND COMMERCIALS LTD reported cash in bank of £119.10K for 2022. That compares with £-349.86K in 2021, a change of 134.04%.
AK CAR AND COMMERCIALS LTD reported 5 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, AK CAR AND COMMERCIALS LTD's net assets rose by 7.6%, total assets rose by 72.8%, total liabilities rose by 3072% and employee numbers fell by 28.6%. Net assets compounded at 3.7% a year across the two years to 2024, from £363.51K to £391.00K. Reported headcount went from 7 in 2022 to 5 in 2024 (-2).
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.