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ELITE REFURBISHMENTS LTD Financials

Company number
07211387Copy
Copy
Registered office
34 Abelia Way, Priorslee, Telford, Shropshire TF2 9TJ
Incorporated
01/04/2010

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£73.53K2024
28.08%vs 2023

2023: £57.41K

Total Assets

£134.80K2024
-27.06%vs 2023

2023: £184.81K

Total Liabilities

£281.54K2022
118.57%vs 2021

2021: £128.81K

Employees

42024
0vs 2023

2023: 4

In 2024, ELITE REFURBISHMENTS LTD reported net assets of £73.53K. The same filing shows total assets of £134.80K and total liabilities of £281.54K. Reported headcount was 4 in 2024. Total Liabilities rose from £128.81K in 2021 to £281.54K in 2022 (118.57%). 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

£73.53K2024
28.08%from £57.41K in 2023

Year-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 ELITE REFURBISHMENTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£40.05K2022£73.53K2024
+83.6%vs 2022

+35.5% a year compound (CAGR)

Total Assets

£321.59K2022£134.80K2024
-58.1%vs 2022

-35.3% a year compound (CAGR)

Employees

5202242024
-20%vs 2022-1

Biggest increase

Net Assets+83.6%

£40.05K in 2022 to £73.53K in 2024

Biggest decrease

Total Assets-58.1%

£321.59K in 2022 to £134.80K in 2024

ELITE REFURBISHMENTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ELITE REFURBISHMENTS 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
54.55%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
87.55%2022
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 ELITE REFURBISHMENTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£44.91K40.05K57.41K73.53K
Total Assets£173.72K321.59K184.81K134.80K
Cash in Bank£––––
Total Liabilities£128.81K281.54K––
Employees5544

ELITE REFURBISHMENTS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ELITE REFURBISHMENTS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

ELITE REFURBISHMENTS LTD reported net assets of £73.53K for 2024. That compares with £57.41K in 2023, a change of 28.08%.

ELITE REFURBISHMENTS LTD reported total assets of £134.80K for 2024. That compares with £184.81K in 2023, a change of -27.06%.

ELITE REFURBISHMENTS LTD reported total liabilities of £281.54K for 2022. That compares with £128.81K in 2021, a change of 118.57%.

ELITE REFURBISHMENTS LTD reported 4 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, ELITE REFURBISHMENTS LTD's net assets rose by 83.6%, total assets fell by 58.1% and employee numbers fell by 20%. Net assets compounded at 35.5% a year across the two years to 2024, from £40.05K to £73.53K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).

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.