ESSENTIAL EMPLOYMENT LIMITED Financials
- Company number
- 06033707CopyCopy
- Registered office
- 209 Blackburn Road Heapey, Chorley, Lancashire PR6 8EP
- Incorporated
- 20/12/2006
Company snapshot
- Status
- Active
- Employees
- 132 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
26.69%vs 20232023: £99.27K
Total Assets
-1.22%vs 20232023: £878.32K
Cash in Bank
605.45%vs 20232023: £21.25K
Total Liabilities
-4.78%vs 20232023: £779.06K
Employees
-75vs 20232023: 207
In 2024, ESSENTIAL EMPLOYMENT LIMITED reported net assets of £125.75K. The same filing shows total assets of £867.56K, cash in bank of £149.89K and total liabilities of £741.81K. Reported headcount was 132 in 2024. Cash in Bank rose from £21.25K in 2023 to £149.89K in 2024 (605.45%). 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
26.69%from £99.27K 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 ESSENTIAL EMPLOYMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-31.2%vs 2022-17% a year compound (CAGR)
Cash in Bank
+241%vs 2022+84.6% a year compound (CAGR)
Total Assets
+50.5%vs 2022+22.7% a year compound (CAGR)
Total Liabilities
+88.4%vs 2022+37.3% a year compound (CAGR)
Employees
-36.2%vs 2022-75Biggest increase
Cash in Bank+241%
£43.96K in 2022 to £149.89K in 2024
Biggest decrease
Employees-36.2%
207 in 2022 to 132 in 2024
ESSENTIAL EMPLOYMENT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ESSENTIAL EMPLOYMENT 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
- 14.50%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
- 85.50%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
- 20.21%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
- 17.28%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 ESSENTIAL EMPLOYMENT 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£ | 199.97K | 182.67K | 99.27K | 125.75K |
| Total Assets£ | 608.89K | 576.44K | 878.32K | 867.56K |
| Cash in Bank£ | 58.81K | 43.96K | 21.25K | 149.89K |
| Total Liabilities£ | 408.92K | 393.77K | 779.06K | 741.81K |
| Employees | 207 | 207 | 207 | 132 |
ESSENTIAL EMPLOYMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ESSENTIAL EMPLOYMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ESSENTIAL EMPLOYMENT LIMITED reported net assets of £125.75K for 2024. That compares with £99.27K in 2023, a change of 26.69%.
ESSENTIAL EMPLOYMENT LIMITED reported total assets of £867.56K for 2024. That compares with £878.32K in 2023, a change of -1.22%.
ESSENTIAL EMPLOYMENT LIMITED reported cash in bank of £149.89K for 2024. That compares with £21.25K in 2023, a change of 605.45%.
ESSENTIAL EMPLOYMENT LIMITED reported 132 employees in 2024, compared with 207 in 2023.
Between 2022 and 2024, ESSENTIAL EMPLOYMENT LIMITED's net assets fell by 31.2%, cash in bank rose by 241%, total assets rose by 50.5% and total liabilities rose by 88.4%. Net assets contracted at 17% a year across the two years to 2024, from £182.67K to £125.75K. Reported headcount went from 207 in 2022 to 132 in 2024 (-75).
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.