CUTTING EDGE (WOODWORK) LIMITED Financials
- Company number
- 04528628CopyCopy
- Registered office
- Unit 5-8 Century Park, 43 Darnall Road, Sheffield, South Yorkshire S9 5AH
- Incorporated
- 06/09/2002
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-38.82%vs 20232023: £162.21K
Total Assets
-8.60%vs 20232023: £372.13K
Cash in Bank
-43.06%vs 20232023: £77.62K
Total Liabilities
110.32%vs 20232023: £114.53K
Employees
-5vs 20232023: 16
In 2024, CUTTING EDGE (WOODWORK) LIMITED reported net assets of £99.24K. The same filing shows total assets of £340.13K, cash in bank of £44.20K and total liabilities of £240.89K. Reported headcount was 11 in 2024. Total Liabilities rose from £114.53K in 2023 to £240.89K in 2024 (110.32%). 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
-38.82%from £162.21K 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 CUTTING EDGE (WOODWORK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-20.8%vs 2022-11% a year compound (CAGR)
Total Assets
+12%vs 2022+5.8% a year compound (CAGR)
Total Liabilities
+35%vs 2022+16.2% a year compound (CAGR)
Employees
-15.4%vs 2022-2Biggest increase
Total Liabilities+35%
£178.49K in 2022 to £240.89K in 2024
Biggest decrease
Net Assets-20.8%
£125.24K in 2022 to £99.24K in 2024
CUTTING EDGE (WOODWORK) LIMITED'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 CUTTING EDGE (WOODWORK) 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
- 29.18%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
- 70.82%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
- 18.35%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
- 12.99%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 CUTTING EDGE (WOODWORK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 136.06K | 125.24K | 162.21K | 99.24K |
| Total Assets£ | 370.16K | 303.73K | 372.13K | 340.13K |
| Cash in Bank£ | – | – | 77.62K | 44.20K |
| Total Liabilities£ | 234.10K | 178.49K | 114.53K | 240.89K |
| Employees | 11 | 13 | 16 | 11 |
CUTTING EDGE (WOODWORK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CUTTING EDGE (WOODWORK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CUTTING EDGE (WOODWORK) LIMITED reported net assets of £99.24K for 2024. That compares with £162.21K in 2023, a change of -38.82%.
CUTTING EDGE (WOODWORK) LIMITED reported total assets of £340.13K for 2024. That compares with £372.13K in 2023, a change of -8.60%.
CUTTING EDGE (WOODWORK) LIMITED reported cash in bank of £44.20K for 2024. That compares with £77.62K in 2023, a change of -43.06%.
CUTTING EDGE (WOODWORK) LIMITED reported 11 employees in 2024, compared with 16 in 2023.
Between 2022 and 2024, CUTTING EDGE (WOODWORK) LIMITED's net assets fell by 20.8%, total assets rose by 12%, total liabilities rose by 35% and employee numbers fell by 15.4%. Net assets contracted at 11% a year across the two years to 2024, from £125.24K to £99.24K. Reported headcount went from 13 in 2022 to 11 in 2024 (-2).
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.