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APPROVED ACCOUNTING LTD Financials

Company number
03722391Copy
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Registered office
Office 43, 1000 Lakeside, North Harbour, Portsmouth, Hampshire PO6 3EZ
Incorporated
01/03/1999

Company snapshot

Status
Active
Employees
8 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£223.30K2025
-35.97%vs 2024

2024: £348.73K

Total Assets

£393.79K2025
-38.27%vs 2024

2024: £637.97K

Cash in Bank

£144.42K2025
-62.78%vs 2024

2024: £388.00K

Total Liabilities

£170.24K2025
-41.07%vs 2024

2024: £288.90K

Employees

82025
+1vs 2024

2024: 7

In 2025, APPROVED ACCOUNTING LTD reported net assets of £223.30K. The same filing shows total assets of £393.79K, cash in bank of £144.42K and total liabilities of £170.24K. Reported headcount was 8 in 2025. Total Assets fell from £637.97K in 2024 to £393.79K in 2025 (-38.27%). Okredo holds filed figures for 2021–2025; 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

£223.30K2025
-35.97%from £348.73K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures APPROVED ACCOUNTING LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£337.98K2023£223.30K2025
-33.9%vs 2023

-18.7% a year compound (CAGR)

Cash in Bank

£307.58K2023£144.42K2025
-53%vs 2023

-31.5% a year compound (CAGR)

Total Assets

£525.24K2023£393.79K2025
-25%vs 2023

-13.4% a year compound (CAGR)

Total Liabilities

£186.81K2023£170.24K2025
-8.9%vs 2023

-4.5% a year compound (CAGR)

Employees

8202382025
0%vs 2023

Biggest decrease

Cash in Bank-53%

£307.58K in 2023 to £144.42K in 2025

Every measure that changed in APPROVED ACCOUNTING LTD's filings between 2023 and 2025 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from APPROVED ACCOUNTING 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
56.70%2025

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
43.23%2025

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
84.83%2025

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
36.67%2025

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 APPROVED ACCOUNTING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£493.32K365.03K337.98K348.73K223.30K
Total Assets£637.49K784.78K525.24K637.97K393.79K
Cash in Bank£408.91K642.07K307.58K388.00K144.42K
Total Liabilities£143.36K419.15K186.81K288.90K170.24K
Employees78878

APPROVED ACCOUNTING LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has APPROVED ACCOUNTING LTD filed financial statements?

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Yes. Okredo holds filed figures for APPROVED ACCOUNTING LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did APPROVED ACCOUNTING LTD report in 2025?

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APPROVED ACCOUNTING LTD reported net assets of £223.30K for 2025. That compares with £348.73K in 2024, a change of -35.97%.

What total assets did APPROVED ACCOUNTING LTD report in 2025?

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APPROVED ACCOUNTING LTD reported total assets of £393.79K for 2025. That compares with £637.97K in 2024, a change of -38.27%.

What cash in bank did APPROVED ACCOUNTING LTD report in 2025?

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APPROVED ACCOUNTING LTD reported cash in bank of £144.42K for 2025. That compares with £388.00K in 2024, a change of -62.78%.

How many people does APPROVED ACCOUNTING LTD employ?

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APPROVED ACCOUNTING LTD reported 8 employees in 2025, compared with 7 in 2024.

How have APPROVED ACCOUNTING LTD financials changed over the last 3 years?

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Between 2023 and 2025, APPROVED ACCOUNTING LTD's net assets fell by 33.9%, cash in bank fell by 53%, total assets fell by 25% and total liabilities fell by 8.9%. Net assets contracted at 18.7% a year across the two years to 2025, from £337.98K to £223.30K. Reported headcount went from 8 in 2023 to 8 in 2025.

Which years of APPROVED ACCOUNTING LTD financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.