DRIVE UP STORAGE WIDNES LTD Financials
- Company number
- 01705912CopyCopy
- Registered office
- Geminites Limited Dennis Road, Off Tanhouse Lane, Widnes, Cheshire WA8 0TF
- Incorporated
- 11/03/1983
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-12.01%vs 20232023: £1.44M
Total Assets
-8.49%vs 20232023: £2.22M
Cash in Bank
-59.95%vs 20232023: £121.80K
Total Liabilities
-1.96%vs 20232023: £777.41K
Employees
-3vs 20232023: 9
In 2024, DRIVE UP STORAGE WIDNES LTD reported net assets of £1.27M. The same filing shows total assets of £2.03M, cash in bank of £48.78K and total liabilities of £762.17K. Reported headcount was 6 in 2024. Total Assets fell from £2.22M in 2023 to £2.03M in 2024 (-8.49%). 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
-12.01%from £1.44M 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 DRIVE UP STORAGE WIDNES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-27.8%vs 2022-15% a year compound (CAGR)
Cash in Bank
-49.8%vs 2022-29.2% a year compound (CAGR)
Total Assets
-15.3%vs 2022-8% a year compound (CAGR)
Total Liabilities
+19%vs 2022+9.1% a year compound (CAGR)
Employees
-40%vs 2022-4Biggest increase
Total Liabilities+19%
£640.59K in 2022 to £762.17K in 2024
Biggest decrease
Cash in Bank-49.8%
£97.23K in 2022 to £48.78K in 2024
DRIVE UP STORAGE WIDNES 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRIVE UP STORAGE WIDNES 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
- 62.47%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
- 37.53%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
- 6.40%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
- 2.40%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 DRIVE UP STORAGE WIDNES 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£ | 578.87K | 1.76M | 1.44M | 1.27M |
| Total Assets£ | 1.13M | 2.40M | 2.22M | 2.03M |
| Cash in Bank£ | 89.41K | 97.23K | 121.80K | 48.78K |
| Total Liabilities£ | 549.94K | 640.59K | 777.41K | 762.17K |
| Employees | 11 | 10 | 9 | 6 |
DRIVE UP STORAGE WIDNES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRIVE UP STORAGE WIDNES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
DRIVE UP STORAGE WIDNES LTD reported net assets of £1.27M for 2024. That compares with £1.44M in 2023, a change of -12.01%.
DRIVE UP STORAGE WIDNES LTD reported total assets of £2.03M for 2024. That compares with £2.22M in 2023, a change of -8.49%.
DRIVE UP STORAGE WIDNES LTD reported cash in bank of £48.78K for 2024. That compares with £121.80K in 2023, a change of -59.95%.
DRIVE UP STORAGE WIDNES LTD reported 6 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, DRIVE UP STORAGE WIDNES LTD's net assets fell by 27.8%, cash in bank fell by 49.8%, total assets fell by 15.3% and total liabilities rose by 19%. Net assets contracted at 15% a year across the two years to 2024, from £1.76M to £1.27M. Reported headcount went from 10 in 2022 to 6 in 2024 (-4).
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.