BANK MOTORS LIMITED Financials
- Company number
- SC463625CopyCopy
- Registered office
- 1217 Tollcross Road, Glasgow G32 8HB
- Incorporated
- 13/11/2013
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-22.42%vs 20232023: £74.98K
Total Assets
-36.48%vs 20232023: £180.66K
Total Liabilities
-46.46%vs 20232023: £105.68K
Employees
0vs 20232023: 6
In 2024, BANK MOTORS LIMITED reported net assets of £58.17K. The same filing shows total assets of £114.75K and total liabilities of £56.59K. Reported headcount was 6 in 2024. Total Assets fell from £180.66K in 2023 to £114.75K in 2024 (-36.48%). 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
-22.42%from £74.98K 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 BANK MOTORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-29.2%vs 2022-15.9% a year compound (CAGR)
Total Assets
-42.4%vs 2022-24.1% a year compound (CAGR)
Total Liabilities
-51.7%vs 2022-30.5% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Liabilities-51.7%
£117.13K in 2022 to £56.59K in 2024
Every measure that changed in BANK MOTORS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BANK MOTORS 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
- 50.69%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
- 49.31%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 BANK MOTORS 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£ | 89.05K | 82.20K | 74.98K | 58.17K |
| Total Assets£ | 199.10K | 199.34K | 180.66K | 114.75K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 110.05K | 117.13K | 105.68K | 56.59K |
| Employees | 6 | 6 | 6 | 6 |
BANK MOTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BANK MOTORS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
BANK MOTORS LIMITED reported net assets of £58.17K for 2024. That compares with £74.98K in 2023, a change of -22.42%.
BANK MOTORS LIMITED reported total assets of £114.75K for 2024. That compares with £180.66K in 2023, a change of -36.48%.
BANK MOTORS LIMITED reported total liabilities of £56.59K for 2024. That compares with £105.68K in 2023, a change of -46.46%.
BANK MOTORS LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, BANK MOTORS LIMITED's net assets fell by 29.2%, total assets fell by 42.4%, total liabilities fell by 51.7% and employee numbers was unchanged. Net assets contracted at 15.9% a year across the two years to 2024, from £82.20K to £58.17K. Reported headcount went from 6 in 2022 to 6 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.