BELIEVE ACHIEVE CIC Financials
- Company number
- 13103678CopyCopy
- Registered office
- 20 Fern Street, Farnworth, Bolton BL4 7RY
- Incorporated
- 30/12/2020
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
30.64%vs 20232023: £793.00
Total Assets
44.63%vs 20232023: £224.52K
Cash in Bank
107.25%vs 20232023: £86.02K
Total Liabilities
61.57%vs 20232023: £155.70K
Employees
0vs 20232023: 7
In 2024, BELIEVE ACHIEVE CIC reported net assets of £1.04K. The same filing shows total assets of £324.72K, cash in bank of £178.28K and total liabilities of £251.57K. Reported headcount was 7 in 2024. Total Assets rose from £224.52K in 2023 to £324.72K in 2024 (44.63%). 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
30.64%from £793.00 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 BELIEVE ACHIEVE CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-37.5%vs 2022-21% a year compound (CAGR)
Cash in Bank
+305%vs 2022+101% a year compound (CAGR)
Total Assets
+300%vs 2022+99.9% a year compound (CAGR)
Total Liabilities
+309%vs 2022+102% a year compound (CAGR)
Employees
-12.5%vs 2022-1Biggest increase
Total Liabilities+309%
£61.51K in 2022 to £251.57K in 2024
Biggest decrease
Net Assets-37.5%
£1.66K in 2022 to £1.04K in 2024
BELIEVE ACHIEVE CIC'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BELIEVE ACHIEVE CIC'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
- 0.32%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
- 77.47%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.
- Cash to liabilities
- 70.86%2024
- 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
- 54.90%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £224.002024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BELIEVE ACHIEVE CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -4.78K | 1.66K | 793.00 | 1.04K |
| Total Assets£ | 39.62K | 81.28K | 224.52K | 324.72K |
| Cash in Bank£ | 33.54K | 44.07K | 86.02K | 178.28K |
| Total Liabilities£ | 41.36K | 61.51K | 155.70K | 251.57K |
| Employees | 4 | 8 | 7 | 7 |
BELIEVE ACHIEVE CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BELIEVE ACHIEVE CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BELIEVE ACHIEVE CIC reported net assets of £1.04K for 2024. That compares with £793.00 in 2023, a change of 30.64%.
BELIEVE ACHIEVE CIC reported total assets of £324.72K for 2024. That compares with £224.52K in 2023, a change of 44.63%.
BELIEVE ACHIEVE CIC reported cash in bank of £178.28K for 2024. That compares with £86.02K in 2023, a change of 107.25%.
BELIEVE ACHIEVE CIC reported 7 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, BELIEVE ACHIEVE CIC's net assets fell by 37.5%, cash in bank rose by 305%, total assets rose by 300% and total liabilities rose by 309%. Net assets contracted at 21% a year across the two years to 2024, from £1.66K to £1.04K. Reported headcount went from 8 in 2022 to 7 in 2024 (-1).
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.