CARDWORKS LTD Financials
- Company number
- 01231890CopyCopy
- Registered office
- 4385, 01231890 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
- Incorporated
- 31/10/1975
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.93%vs 20232023: £59.98K
Total Assets
28.77%vs 20232023: £514.69K
Cash in Bank
-64.60%vs 20232023: £36.50K
Total Liabilities
55.21%vs 20232023: £274.47K
Employees
+7vs 20232023: 3
In 2024, CARDWORKS LTD reported net assets of £60.53K. The same filing shows total assets of £662.77K, cash in bank of £12.92K and total liabilities of £426.01K. Reported headcount was 10 in 2024. Total Liabilities rose from £274.47K in 2023 to £426.01K in 2024 (55.21%). 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
0.93%from £59.98K 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 CARDWORKS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-7.4%vs 2022-3.8% a year compound (CAGR)
Total Assets
+294%vs 2022+98.6% a year compound (CAGR)
Total Liabilities
+315%vs 2022+104% a year compound (CAGR)
Employees
+100%vs 2022+5Biggest increase
Total Liabilities+315%
£102.66K in 2022 to £426.01K in 2024
Biggest decrease
Net Assets-7.4%
£65.37K in 2022 to £60.53K in 2024
CARDWORKS LTD'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 CARDWORKS 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
- 9.13%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
- 64.28%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
- 3.03%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
- 1.95%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CARDWORKS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 37.84K | 65.37K | 59.98K | 60.53K |
| Total Assets£ | 164.93K | 168.03K | 514.69K | 662.77K |
| Cash in Bank£ | – | – | 36.50K | 12.92K |
| Total Liabilities£ | 127.09K | 102.66K | 274.47K | 426.01K |
| Employees | 5 | 5 | 3 | 10 |
CARDWORKS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CARDWORKS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CARDWORKS LTD reported net assets of £60.53K for 2024. That compares with £59.98K in 2023, a change of 0.93%.
CARDWORKS LTD reported total assets of £662.77K for 2024. That compares with £514.69K in 2023, a change of 28.77%.
CARDWORKS LTD reported cash in bank of £12.92K for 2024. That compares with £36.50K in 2023, a change of -64.60%.
CARDWORKS LTD reported 10 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, CARDWORKS LTD's net assets fell by 7.4%, total assets rose by 294%, total liabilities rose by 315% and employee numbers rose by 100%. Net assets contracted at 3.8% a year across the two years to 2024, from £65.37K to £60.53K. Reported headcount went from 5 in 2022 to 10 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.