ASSEMBLY & PACKAGING SERVICES LTD Financials
- Company number
- 02379837CopyCopy
- Registered office
- 19-20 Bourne Court Southend Road, Woodford Green IG8 8HD
- Incorporated
- 04/05/1989
Company snapshot
- Status
- Dissolved
- Employees
- 46 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-176.29%vs 20222022: £-494.12K
Total Assets
-1.20%vs 20222022: £1.45M
Cash in Bank
-52.91%vs 20222022: £1.53K
Total Liabilities
43.89%vs 20222022: £1.95M
Employees
-45vs 20222022: 91
In 2023, ASSEMBLY & PACKAGING SERVICES LTD reported net assets of £-1.37M. The same filing shows total assets of £1.43M, cash in bank of £721.00 and total liabilities of £2.80M. Reported headcount was 46 in 2023. Net Assets fell from £-494.12K in 2022 to £-1.37M in 2023 (-176.29%). 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
-176.29%from £-494.12K in 2022Year-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 ASSEMBLY & PACKAGING SERVICES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-392%vs 2021Cash in Bank
-58.8%vs 2021-35.8% a year compound (CAGR)
Total Assets
+23.2%vs 2021+11% a year compound (CAGR)
Total Liabilities
+302%vs 2021+101% a year compound (CAGR)
Employees
-68.7%vs 2021-101Biggest increase
Total Liabilities+302%
£695.88K in 2021 to £2.80M in 2023
Biggest decrease
Net Assets-392%
£468.24K in 2021 to £-1.37M in 2023
ASSEMBLY & PACKAGING SERVICES LTD's filings pull in both directions between 2021 and 2023. 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 ASSEMBLY & PACKAGING SERVICES 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
- -95.22%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
- 195.22%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
- 0.03%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
- 0.05%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 ASSEMBLY & PACKAGING SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 468.24K | -494.12K | -1.37M |
| Total Assets£ | 1.16M | 1.45M | 1.43M |
| Cash in Bank£ | 1.75K | 1.53K | 721.00 |
| Total Liabilities£ | 695.88K | 1.95M | 2.80M |
| Employees | 147 | 91 | 46 |
ASSEMBLY & PACKAGING SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ASSEMBLY & PACKAGING SERVICES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
ASSEMBLY & PACKAGING SERVICES LTD reported net assets of £-1.37M for 2023. That compares with £-494.12K in 2022, a change of -176.29%.
ASSEMBLY & PACKAGING SERVICES LTD reported total assets of £1.43M for 2023. That compares with £1.45M in 2022, a change of -1.20%.
ASSEMBLY & PACKAGING SERVICES LTD reported cash in bank of £721.00 for 2023. That compares with £1.53K in 2022, a change of -52.91%.
ASSEMBLY & PACKAGING SERVICES LTD reported 46 employees in 2023, compared with 91 in 2022.
Between 2021 and 2023, ASSEMBLY & PACKAGING SERVICES LTD's net assets fell by 392%, cash in bank fell by 58.8%, total assets rose by 23.2% and total liabilities rose by 302%. Cash in bank contracted at 35.8% a year across the two years to 2023, from £1.75K to £721.00. Reported headcount went from 147 in 2021 to 46 in 2023 (-101).
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.