Active

CLEARCUT ACCOUNTING LIMITED Financials

Company number
07266430Copy
copy info iconCopy
Registered office
Parkway 5 Parkway Business Centre, Manchester, Greater Manchester M14 7HR
Incorporated
26/05/2010

Company snapshot

Status
Active
Employees
7 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£57.00K2025
-16.64%vs 2024

2024: £68.37K

Total Assets

£411.60K2025
33.75%vs 2024

2024: £307.75K

Cash in Bank

£6.33K2024
52.97%vs 2023

2023: £4.14K

Total Liabilities

£354.60K2025
53.86%vs 2024

2024: £230.47K

Employees

72025
-3vs 2024

2024: 10

In 2025, CLEARCUT ACCOUNTING LIMITED reported net assets of £57.00K. The same filing shows total assets of £411.60K, cash in bank of £6.33K and total liabilities of £354.60K. Reported headcount was 7 in 2025. Total Liabilities rose from £230.47K in 2024 to £354.60K in 2025 (53.86%). Okredo holds filed figures for 2021–2025; 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

£57.00K2025
-16.64%from £68.37K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures CLEARCUT ACCOUNTING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£98.65K2023£57.00K2025
-42.2%vs 2023

-24% a year compound (CAGR)

Total Assets

£289.24K2023£411.60K2025
+42.3%vs 2023

+19.3% a year compound (CAGR)

Total Liabilities

£190.59K2023£354.60K2025
+86%vs 2023

+36.4% a year compound (CAGR)

Employees

10202372025
-30%vs 2023-3

Biggest increase

Total Liabilities+86%

£190.59K in 2023 to £354.60K in 2025

Biggest decrease

Net Assets-42.2%

£98.65K in 2023 to £57.00K in 2025

CLEARCUT ACCOUNTING LIMITED's filings pull in both directions between 2023 and 2025. 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 CLEARCUT ACCOUNTING 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
13.85%2025

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
86.15%2025

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
2.75%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
2.06%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 CLEARCUT ACCOUNTING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£90.24K113.68K98.65K68.37K57.00K
Total Assets£236.27K271.14K289.24K307.75K411.60K
Cash in Bank£12.48K6.95K4.14K6.33K–
Total Liabilities£146.03K157.46K190.59K230.47K354.60K
Employees101010107

CLEARCUT ACCOUNTING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has CLEARCUT ACCOUNTING LIMITED filed financial statements?

toggle

Yes. Okredo holds filed figures for CLEARCUT ACCOUNTING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did CLEARCUT ACCOUNTING LIMITED report in 2025?

toggle

CLEARCUT ACCOUNTING LIMITED reported net assets of £57.00K for 2025. That compares with £68.37K in 2024, a change of -16.64%.

What total assets did CLEARCUT ACCOUNTING LIMITED report in 2025?

toggle

CLEARCUT ACCOUNTING LIMITED reported total assets of £411.60K for 2025. That compares with £307.75K in 2024, a change of 33.75%.

What cash in bank did CLEARCUT ACCOUNTING LIMITED report in 2024?

toggle

CLEARCUT ACCOUNTING LIMITED reported cash in bank of £6.33K for 2024. That compares with £4.14K in 2023, a change of 52.97%.

How many people does CLEARCUT ACCOUNTING LIMITED employ?

toggle

CLEARCUT ACCOUNTING LIMITED reported 7 employees in 2025, compared with 10 in 2024.

How have CLEARCUT ACCOUNTING LIMITED financials changed over the last 3 years?

toggle

Between 2023 and 2025, CLEARCUT ACCOUNTING LIMITED's net assets fell by 42.2%, total assets rose by 42.3%, total liabilities rose by 86% and employee numbers fell by 30%. Net assets contracted at 24% a year across the two years to 2025, from £98.65K to £57.00K. Reported headcount went from 10 in 2023 to 7 in 2025 (-3).

Which years of CLEARCUT ACCOUNTING LIMITED financial data are available?

toggle

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.