ERNEST CUMMINS LIMITED Financials
- Company number
- 04138461CopyCopy
- Registered office
- 385 Canal Road, Bradford, West Yorkshire BD2 1AW
- Incorporated
- 10/01/2001
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-52.12%vs 20232023: £114.57K
Total Assets
7.94%vs 20232023: £421.34K
Cash in Bank
-49.99%vs 20212021: £20.00K
Total Liabilities
30.36%vs 20232023: £306.77K
Employees
0vs 20232023: 15
In 2024, ERNEST CUMMINS LIMITED reported net assets of £54.86K. The same filing shows total assets of £454.78K, cash in bank of £10.00K and total liabilities of £399.92K. Reported headcount was 15 in 2024. Total Liabilities rose from £306.77K in 2023 to £399.92K in 2024 (30.36%). 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
-52.12%from £114.57K 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 ERNEST CUMMINS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-61.1%vs 2022-37.7% a year compound (CAGR)
Total Assets
-45%vs 2022-25.9% a year compound (CAGR)
Total Liabilities
+20.6%vs 2022+9.8% a year compound (CAGR)
Employees
-16.7%vs 2022-3Biggest increase
Total Liabilities+20.6%
£331.68K in 2022 to £399.92K in 2024
Biggest decrease
Net Assets-61.1%
£141.20K in 2022 to £54.86K in 2024
ERNEST CUMMINS LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ERNEST CUMMINS 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
- 12.06%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
- 87.94%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
- 3.02%2022
- 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
- 1.21%2022
- 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 ERNEST CUMMINS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 188.09K | 141.20K | 114.57K | 54.86K |
| Total Assets£ | 939.51K | 827.58K | 421.34K | 454.78K |
| Cash in Bank£ | 20.00K | 10.00K | – | – |
| Total Liabilities£ | 355.99K | 331.68K | 306.77K | 399.92K |
| Employees | 19 | 18 | 15 | 15 |
ERNEST CUMMINS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ERNEST CUMMINS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ERNEST CUMMINS LIMITED reported net assets of £54.86K for 2024. That compares with £114.57K in 2023, a change of -52.12%.
ERNEST CUMMINS LIMITED reported total assets of £454.78K for 2024. That compares with £421.34K in 2023, a change of 7.94%.
ERNEST CUMMINS LIMITED reported cash in bank of £10.00K for 2022. That compares with £20.00K in 2021, a change of -49.99%.
ERNEST CUMMINS LIMITED reported 15 employees in 2024, compared with 15 in 2023.
Between 2022 and 2024, ERNEST CUMMINS LIMITED's net assets fell by 61.1%, total assets fell by 45%, total liabilities rose by 20.6% and employee numbers fell by 16.7%. Net assets contracted at 37.7% a year across the two years to 2024, from £141.20K to £54.86K. Reported headcount went from 18 in 2022 to 15 in 2024 (-3).
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.