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BAR VINYL LTD Financials

Company number
SC632751Copy
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Registered office
42-44 London Road, Glasgow G1 5NB
Incorporated
07/06/2019

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£1.14K2023
-71.02%vs 2022

2022: £3.93K

Total Assets

£56.43K2023
-3.70%vs 2022

2022: £58.60K

Total Liabilities

£32.77K2023
-13.15%vs 2022

2022: £37.73K

Employees

32023
-1vs 2022

2022: 4

In 2023, BAR VINYL LTD reported net assets of £1.14K. The same filing shows total assets of £56.43K and total liabilities of £32.77K. Reported headcount was 3 in 2023. Total Liabilities fell from £37.73K in 2022 to £32.77K in 2023 (-13.15%). 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

£1.14K2023
-71.02%from £3.93K in 2022

Year-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 BAR VINYL LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£3.06K2021£1.14K2023
-62.8%vs 2021

-39% a year compound (CAGR)

Total Assets

£54.79K2021£56.43K2023
+3%vs 2021

+1.5% a year compound (CAGR)

Total Liabilities

£33.05K2021£32.77K2023
-0.8%vs 2021

-0.4% a year compound (CAGR)

Employees

5202132023
-40%vs 2021-2

Biggest increase

Total Assets+3%

£54.79K in 2021 to £56.43K in 2023

Biggest decrease

Net Assets-62.8%

£3.06K in 2021 to £1.14K in 2023

BAR VINYL LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, 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 BAR VINYL 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
2.02%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
58.07%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for BAR VINYL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£3.06K3.93K1.14K
Total Assets£54.79K58.60K56.43K
Cash in Bank£–––
Total Liabilities£33.05K37.73K32.77K
Employees543

BAR VINYL LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has BAR VINYL LTD filed financial statements?

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Yes. Okredo holds filed figures for BAR VINYL LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

What net assets did BAR VINYL LTD report in 2023?

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BAR VINYL LTD reported net assets of £1.14K for 2023. That compares with £3.93K in 2022, a change of -71.02%.

What total assets did BAR VINYL LTD report in 2023?

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BAR VINYL LTD reported total assets of £56.43K for 2023. That compares with £58.60K in 2022, a change of -3.70%.

What total liabilities did BAR VINYL LTD report in 2023?

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BAR VINYL LTD reported total liabilities of £32.77K for 2023. That compares with £37.73K in 2022, a change of -13.15%.

How many people does BAR VINYL LTD employ?

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BAR VINYL LTD reported 3 employees in 2023, compared with 4 in 2022.

How have BAR VINYL LTD financials changed over the last 3 years?

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Between 2021 and 2023, BAR VINYL LTD's net assets fell by 62.8%, total assets rose by 3%, total liabilities fell by 0.8% and employee numbers fell by 40%. Net assets contracted at 39% a year across the two years to 2023, from £3.06K to £1.14K. Reported headcount went from 5 in 2021 to 3 in 2023 (-2).

Which years of BAR VINYL LTD financial data are available?

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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.