Active

EAST COAST CARPETS (LINCS) LIMITED Financials

Company number
05754913Copy
Copy
Registered office
Unit1 Tattershall Park, Fairfield Industrial Estate, Louth, Lincolnshire LN11 0YZ
Incorporated
24/03/2006

Company snapshot

Status
Active
Employees
6 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£7.08K2025
-74.15%vs 2024

2024: £27.38K

Total Assets

£57.25K2025
-23.10%vs 2024

2024: £74.45K

Cash in Bank

£11.22K2025
-54.59%vs 2024

2024: £24.71K

Total Liabilities

£50.18K2025
6.60%vs 2024

2024: £47.07K

Employees

62025
0vs 2024

2024: 6

In 2025, EAST COAST CARPETS (LINCS) LIMITED reported net assets of £7.08K. The same filing shows total assets of £57.25K, cash in bank of £11.22K and total liabilities of £50.18K. Reported headcount was 6 in 2025. Net Assets fell from £27.38K in 2024 to £7.08K in 2025 (-74.15%). Okredo holds filed figures for 2022–2025; 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

£7.08K2025
-74.15%from £27.38K in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures EAST COAST CARPETS (LINCS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£32.37K2023£7.08K2025
-78.1%vs 2023

-53.2% a year compound (CAGR)

Cash in Bank

£36.15K2023£11.22K2025
-69%vs 2023

-44.3% a year compound (CAGR)

Total Assets

£90.08K2023£57.25K2025
-36.4%vs 2023

-20.3% a year compound (CAGR)

Total Liabilities

£57.71K2023£50.18K2025
-13.1%vs 2023

-6.8% a year compound (CAGR)

Employees

5202362025
+20%vs 2023+1

Biggest increase

Employees+20%

5 in 2023 to 6 in 2025

Biggest decrease

Net Assets-78.1%

£32.37K in 2023 to £7.08K in 2025

EAST COAST CARPETS (LINCS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 EAST COAST CARPETS (LINCS) 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
12.36%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
87.64%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
22.36%2025
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
19.60%2025
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 EAST COAST CARPETS (LINCS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£37.59K32.37K27.38K7.08K
Total Assets£104.67K90.08K74.45K57.25K
Cash in Bank£41.65K36.15K24.71K11.22K
Total Liabilities£67.07K57.71K47.07K50.18K
Employees6566

EAST COAST CARPETS (LINCS) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for EAST COAST CARPETS (LINCS) LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.

EAST COAST CARPETS (LINCS) LIMITED reported net assets of £7.08K for 2025. That compares with £27.38K in 2024, a change of -74.15%.

EAST COAST CARPETS (LINCS) LIMITED reported total assets of £57.25K for 2025. That compares with £74.45K in 2024, a change of -23.10%.

EAST COAST CARPETS (LINCS) LIMITED reported cash in bank of £11.22K for 2025. That compares with £24.71K in 2024, a change of -54.59%.

EAST COAST CARPETS (LINCS) LIMITED reported 6 employees in 2025, compared with 6 in 2024.

Between 2023 and 2025, EAST COAST CARPETS (LINCS) LIMITED's net assets fell by 78.1%, cash in bank fell by 69%, total assets fell by 36.4% and total liabilities fell by 13.1%. Net assets contracted at 53.2% a year across the two years to 2025, from £32.37K to £7.08K. Reported headcount went from 5 in 2023 to 6 in 2025 (+1).

Okredo holds reported figures for the years 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.