DESTINATION FOODS LIMITED Financials
- Company number
- 10298744Copy
Copy - Registered office
- Nria Suite, College House, Howard Street, Barrow-In-Furness LA14 1NB
- Incorporated
- 27/07/2016
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
556.94%vs 20222022: £12.89K
Total Assets
27.45%vs 20222022: £57.97K
Total Liabilities
-289.07%vs 20222022: £45.08K
Employees
+4vs 20222022: 6
In 2023, DESTINATION FOODS LIMITED reported net assets of £84.67K. The same filing shows total assets of £73.88K and total liabilities of £-85.24K. Reported headcount was 10 in 2023. Total Liabilities fell from £45.08K in 2022 to £-85.24K in 2023 (-289.07%). 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
556.94%from £12.89K in 2022Year-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 DESTINATION FOODS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+2416%vs 2021+402% a year compound (CAGR)
Total Assets
+27.6%vs 2021+13% a year compound (CAGR)
Total Liabilities
-256%vs 2021Employees
+66.7%vs 2021+4Biggest increase
Net Assets+2416%
£3.37K in 2021 to £84.67K in 2023
Biggest decrease
Total Liabilities-256%
£54.54K in 2021 to £-85.24K in 2023
DESTINATION FOODS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DESTINATION FOODS 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
- 114.60%2023
- Liabilities to total assets
- -115.37%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DESTINATION FOODS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 3.37K | 12.89K | 84.67K |
| Total Assets£ | 57.90K | 57.97K | 73.88K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 54.54K | 45.08K | -85.24K |
| Employees | 6 | 6 | 10 |
DESTINATION FOODS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has DESTINATION FOODS LIMITED filed financial statements?
Yes. Okredo holds filed figures for DESTINATION FOODS LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
What net assets did DESTINATION FOODS LIMITED report in 2023?
DESTINATION FOODS LIMITED reported net assets of £84.67K for 2023. That compares with £12.89K in 2022, a change of 556.94%.
What total assets did DESTINATION FOODS LIMITED report in 2023?
DESTINATION FOODS LIMITED reported total assets of £73.88K for 2023. That compares with £57.97K in 2022, a change of 27.45%.
What total liabilities did DESTINATION FOODS LIMITED report in 2023?
DESTINATION FOODS LIMITED reported total liabilities of £-85.24K for 2023. That compares with £45.08K in 2022, a change of -289.07%.
How many people does DESTINATION FOODS LIMITED employ?
DESTINATION FOODS LIMITED reported 10 employees in 2023, compared with 6 in 2022.
How have DESTINATION FOODS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, DESTINATION FOODS LIMITED's net assets rose by 2416%, total assets rose by 27.6%, total liabilities fell by 256% and employee numbers rose by 66.7%. Net assets compounded at 402% a year across the two years to 2023, from £3.37K to £84.67K. Reported headcount went from 6 in 2021 to 10 in 2023 (+4).
Which years of DESTINATION FOODS LIMITED financial data are available?
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.