AUDIT POINT LIMITED Financials
- Company number
- 02769103CopyCopy
- Registered office
- Alexander & Co Schooners Business Park, Bess Park Road, Wadebridge, Cornwall PL27 6HB
- Incorporated
- 24/11/1992
Company snapshot
- Status
- Active
- Employees
- 41 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-782.57%vs 20232023: £4.41K
Total Assets
4.15%vs 20232023: £761.17K
Cash in Bank
-99.91%vs 20232023: £6.84K
Total Liabilities
8.22%vs 20232023: £682.94K
Employees
+7vs 20232023: 34
In 2024, AUDIT POINT LIMITED reported net assets of £-30.12K. The same filing shows total assets of £792.79K, cash in bank of £6.00 and total liabilities of £739.09K. Reported headcount was 41 in 2024. Total Liabilities rose from £682.94K in 2023 to £739.09K in 2024 (8.22%). 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
-782.57%from £4.41K 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 AUDIT POINT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-88.2%vs 2022-65.7% a year compound (CAGR)
Total Assets
+40.5%vs 2022+18.5% a year compound (CAGR)
Total Liabilities
+42.6%vs 2022+19.4% a year compound (CAGR)
Employees
+13.9%vs 2022+5Biggest increase
Total Liabilities+42.6%
£518.41K in 2022 to £739.09K in 2024
Biggest decrease
Cash in Bank-88.2%
£51.00 in 2022 to £6.00 in 2024
AUDIT POINT LIMITED'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AUDIT POINT 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
- -3.80%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
- 93.23%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 AUDIT POINT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 6.22K | -791.00 | 4.41K | -30.12K |
| Total Assets£ | 388.23K | 564.42K | 761.17K | 792.79K |
| Cash in Bank£ | 20.13K | 51.00 | 6.84K | 6.00 |
| Total Liabilities£ | 341.51K | 518.41K | 682.94K | 739.09K |
| Employees | 30 | 36 | 34 | 41 |
AUDIT POINT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AUDIT POINT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AUDIT POINT LIMITED reported net assets of £-30.12K for 2024. That compares with £4.41K in 2023, a change of -782.57%.
AUDIT POINT LIMITED reported total assets of £792.79K for 2024. That compares with £761.17K in 2023, a change of 4.15%.
AUDIT POINT LIMITED reported cash in bank of £6.00 for 2024. That compares with £6.84K in 2023, a change of -99.91%.
AUDIT POINT LIMITED reported 41 employees in 2024, compared with 34 in 2023.
Between 2022 and 2024, AUDIT POINT LIMITED's cash in bank fell by 88.2%, total assets rose by 40.5%, total liabilities rose by 42.6% and employee numbers rose by 13.9%. Cash in bank contracted at 65.7% a year across the two years to 2024, from £51.00 to £6.00. Reported headcount went from 36 in 2022 to 41 in 2024 (+5).
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.