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C.A.R.S. UNITED KINGDOM LIMITED Financials

Company number
05491176Copy
Copy
Registered office
2nd Floor 168 Shoreditch High Street, London E1 6RA
Incorporated
25/06/2005

Company snapshot

Status
Active
Employees
33 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.63M2024
-37.59%vs 2023

2023: £2.61M

Total Assets

£9.09M2024
11.05%vs 2023

2023: £8.19M

Cash in Bank

£2.50M2024
-14.76%vs 2023

2023: £2.93M

Total Liabilities

£7.38M2024
34.77%vs 2023

2023: £5.47M

Employees

332024
+4vs 2023

2023: 29

In 2024, C.A.R.S. UNITED KINGDOM LIMITED reported net assets of £1.63M. The same filing shows total assets of £9.09M, cash in bank of £2.50M and total liabilities of £7.38M. Reported headcount was 33 in 2024. Total Liabilities rose from £5.47M in 2023 to £7.38M in 2024 (34.77%). 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

£1.63M2024
-37.59%from £2.61M in 2023

Year-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 C.A.R.S. UNITED KINGDOM LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£4.87M2022£1.63M2024
-66.6%vs 2022

-42.2% a year compound (CAGR)

Cash in Bank

£3.90M2022£2.50M2024
-36%vs 2022

-20% a year compound (CAGR)

Total Assets

£13.40M2022£9.09M2024
-32.2%vs 2022

-17.6% a year compound (CAGR)

Total Liabilities

£8.41M2022£7.38M2024
-12.3%vs 2022

-6.4% a year compound (CAGR)

Employees

272022332024
+22.2%vs 2022+6

Biggest increase

Employees+22.2%

27 in 2022 to 33 in 2024

Biggest decrease

Net Assets-66.6%

£4.87M in 2022 to £1.63M in 2024

C.A.R.S. UNITED KINGDOM LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 C.A.R.S. UNITED KINGDOM 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
17.91%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
81.15%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
33.85%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
27.47%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£560.46K2024
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 C.A.R.S. UNITED KINGDOM LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.33M4.87M2.61M1.63M
Total Assets£9.47M13.40M8.19M9.09M
Cash in Bank£4.30M3.90M2.93M2.50M
Total Liabilities£8.14M8.41M5.47M7.38M
Employees22272933

C.A.R.S. UNITED KINGDOM LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for C.A.R.S. UNITED KINGDOM LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

C.A.R.S. UNITED KINGDOM LIMITED reported net assets of £1.63M for 2024. That compares with £2.61M in 2023, a change of -37.59%.

C.A.R.S. UNITED KINGDOM LIMITED reported total assets of £9.09M for 2024. That compares with £8.19M in 2023, a change of 11.05%.

C.A.R.S. UNITED KINGDOM LIMITED reported cash in bank of £2.50M for 2024. That compares with £2.93M in 2023, a change of -14.76%.

C.A.R.S. UNITED KINGDOM LIMITED reported 33 employees in 2024, compared with 29 in 2023.

Between 2022 and 2024, C.A.R.S. UNITED KINGDOM LIMITED's net assets fell by 66.6%, cash in bank fell by 36%, total assets fell by 32.2% and total liabilities fell by 12.3%. Net assets contracted at 42.2% a year across the two years to 2024, from £4.87M to £1.63M. Reported headcount went from 27 in 2022 to 33 in 2024 (+6).

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.