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CRN FINANCIAL SERVICES LIMITED Financials

Company number
NI018912Copy
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Registered office
1 Forestgrove Business Park, Newtownbreda Road, Belfast BT8 6AW
Incorporated
31/10/1985

Company snapshot

Status
Active
Employees
11 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£117.87K2023
-32.67%vs 2022

2022: £175.06K

Total Assets

£433.20K2023
-7.30%vs 2022

2022: £467.31K

Cash in Bank

£5.76K2023
-68.00%vs 2022

2022: £18.00K

Total Liabilities

£304.34K2023
12.37%vs 2022

2022: £270.84K

Employees

112023
+1vs 2022

2022: 10

In 2023, CRN FINANCIAL SERVICES LIMITED reported net assets of £117.87K. The same filing shows total assets of £433.20K, cash in bank of £5.76K and total liabilities of £304.34K. Reported headcount was 11 in 2023. Net Assets fell from £175.06K in 2022 to £117.87K in 2023 (-32.67%). 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

£117.87K2023
-32.67%from £175.06K 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 CRN FINANCIAL SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£187.54K2021£117.87K2023
-37.1%vs 2021

-20.7% a year compound (CAGR)

Cash in Bank

£5.42K2021£5.76K2023
+6.2%vs 2021

+3.1% a year compound (CAGR)

Total Assets

£409.27K2021£433.20K2023
+5.8%vs 2021

+2.9% a year compound (CAGR)

Total Liabilities

£189.65K2021£304.34K2023
+60.5%vs 2021

+26.7% a year compound (CAGR)

Employees

112021112023
0%vs 2021

Biggest increase

Total Liabilities+60.5%

£189.65K in 2021 to £304.34K in 2023

Biggest decrease

Net Assets-37.1%

£187.54K in 2021 to £117.87K in 2023

CRN FINANCIAL SERVICES LIMITED's filings pull in both directions between 2021 and 2023. 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 CRN FINANCIAL SERVICES 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
27.21%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
70.25%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.

Cash to liabilities
1.89%2023

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
1.33%2023

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 CRN FINANCIAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£187.54K175.06K117.87K
Total Assets£409.27K467.31K433.20K
Cash in Bank£5.42K18.00K5.76K
Total Liabilities£189.65K270.84K304.34K
Employees111011

CRN FINANCIAL SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has CRN FINANCIAL SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for CRN FINANCIAL SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

What net assets did CRN FINANCIAL SERVICES LIMITED report in 2023?

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CRN FINANCIAL SERVICES LIMITED reported net assets of £117.87K for 2023. That compares with £175.06K in 2022, a change of -32.67%.

What total assets did CRN FINANCIAL SERVICES LIMITED report in 2023?

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CRN FINANCIAL SERVICES LIMITED reported total assets of £433.20K for 2023. That compares with £467.31K in 2022, a change of -7.30%.

What cash in bank did CRN FINANCIAL SERVICES LIMITED report in 2023?

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CRN FINANCIAL SERVICES LIMITED reported cash in bank of £5.76K for 2023. That compares with £18.00K in 2022, a change of -68.00%.

How many people does CRN FINANCIAL SERVICES LIMITED employ?

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CRN FINANCIAL SERVICES LIMITED reported 11 employees in 2023, compared with 10 in 2022.

How have CRN FINANCIAL SERVICES LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, CRN FINANCIAL SERVICES LIMITED's net assets fell by 37.1%, cash in bank rose by 6.2%, total assets rose by 5.8% and total liabilities rose by 60.5%. Net assets contracted at 20.7% a year across the two years to 2023, from £187.54K to £117.87K. Reported headcount went from 11 in 2021 to 11 in 2023.

Which years of CRN FINANCIAL SERVICES LIMITED 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.