ERICA DEVELOPMENTS LTD Financials
- Company number
- 12331473CopyCopy
- Registered office
- 20b High Street Clay Cross, Chesterfield, Derbyshire S45 9DY
- Incorporated
- 25/11/2019
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-18.66%vs 20232023: £175.06K
Total Assets
-29.66%vs 20232023: £238.61K
Total Liabilities
-59.95%vs 20232023: £63.55K
Employees
0vs 20232023: 4
In 2024, ERICA DEVELOPMENTS LTD reported net assets of £142.40K. The same filing shows total assets of £167.85K and total liabilities of £25.45K. Reported headcount was 4 in 2024. Total Assets fell from £238.61K in 2023 to £167.85K in 2024 (-29.66%). 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
-18.66%from £175.06K 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 ERICA DEVELOPMENTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-29.7%vs 2022-16.2% a year compound (CAGR)
Total Assets
-48.2%vs 2022-28% a year compound (CAGR)
Total Liabilities
-79%vs 2022-54.2% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Liabilities-79%
£121.38K in 2022 to £25.45K in 2024
Every measure that changed in ERICA DEVELOPMENTS LTD's filings between 2022 and 2024 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ERICA DEVELOPMENTS 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
- 84.84%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
- 15.16%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ERICA DEVELOPMENTS 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£ | 53.51K | 202.58K | 175.06K | 142.40K |
| Total Assets£ | 908.43K | 323.96K | 238.61K | 167.85K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 853.48K | 121.38K | 63.55K | 25.45K |
| Employees | 0 | 4 | 4 | 4 |
ERICA DEVELOPMENTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ERICA DEVELOPMENTS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
ERICA DEVELOPMENTS LTD reported net assets of £142.40K for 2024. That compares with £175.06K in 2023, a change of -18.66%.
ERICA DEVELOPMENTS LTD reported total assets of £167.85K for 2024. That compares with £238.61K in 2023, a change of -29.66%.
ERICA DEVELOPMENTS LTD reported total liabilities of £25.45K for 2024. That compares with £63.55K in 2023, a change of -59.95%.
ERICA DEVELOPMENTS LTD reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, ERICA DEVELOPMENTS LTD's net assets fell by 29.7%, total assets fell by 48.2%, total liabilities fell by 79% and employee numbers was unchanged. Net assets contracted at 16.2% a year across the two years to 2024, from £202.58K to £142.40K. Reported headcount went from 4 in 2022 to 4 in 2024.
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.