ETHOS PAYROLL SERVICES LTD Financials
- Company number
- 07420149Copy
Copy - Registered office
- 20 North Lane, Canterbury, Kent CT2 7PG
- Incorporated
- 27/10/2010
Company snapshot
- Status
- Active
- Employees
- 29 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-11.47%vs 20232023: £116.09K
Total Assets
-19.87%vs 20232023: £895.37K
Cash in Bank
209.93%vs 20232023: £24.80K
Total Liabilities
-21.12%vs 20232023: £779.28K
Employees
-8vs 20232023: 37
In 2024, ETHOS PAYROLL SERVICES LTD reported net assets of £102.77K. The same filing shows total assets of £717.45K, cash in bank of £76.87K and total liabilities of £614.68K. Reported headcount was 29 in 2024. Total Assets fell from £895.37K in 2023 to £717.45K in 2024 (-19.87%). 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
-11.47%from £116.09K 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 ETHOS PAYROLL SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-58.5%vs 2022-35.6% a year compound (CAGR)
Cash in Bank
+88.6%vs 2022+37.3% a year compound (CAGR)
Total Assets
-28.7%vs 2022-15.6% a year compound (CAGR)
Total Liabilities
-19%vs 2022-10% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+88.6%
£40.76K in 2022 to £76.87K in 2024
Biggest decrease
Net Assets-58.5%
£247.53K in 2022 to £102.77K in 2024
ETHOS PAYROLL SERVICES LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ETHOS PAYROLL SERVICES 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
- 14.32%2024
- Liabilities to total assets
- 85.68%2024
- Cash to liabilities
- 12.51%2024
- Cash to total assets
- 10.71%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ETHOS PAYROLL SERVICES 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£ | 212.83K | 247.53K | 116.09K | 102.77K |
| Total Assets£ | 888.15K | 1.01M | 895.37K | 717.45K |
| Cash in Bank£ | 23.60K | 40.76K | 24.80K | 76.87K |
| Total Liabilities£ | 675.32K | 759.08K | 779.28K | 614.68K |
| Employees | 17 | 29 | 37 | 29 |
ETHOS PAYROLL SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ETHOS PAYROLL SERVICES LTD filed financial statements?
Yes. Okredo holds filed figures for ETHOS PAYROLL SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ETHOS PAYROLL SERVICES LTD report in 2024?
ETHOS PAYROLL SERVICES LTD reported net assets of £102.77K for 2024. That compares with £116.09K in 2023, a change of -11.47%.
What total assets did ETHOS PAYROLL SERVICES LTD report in 2024?
ETHOS PAYROLL SERVICES LTD reported total assets of £717.45K for 2024. That compares with £895.37K in 2023, a change of -19.87%.
What cash in bank did ETHOS PAYROLL SERVICES LTD report in 2024?
ETHOS PAYROLL SERVICES LTD reported cash in bank of £76.87K for 2024. That compares with £24.80K in 2023, a change of 209.93%.
How many people does ETHOS PAYROLL SERVICES LTD employ?
ETHOS PAYROLL SERVICES LTD reported 29 employees in 2024, compared with 37 in 2023.
How have ETHOS PAYROLL SERVICES LTD financials changed over the last 3 years?
Between 2022 and 2024, ETHOS PAYROLL SERVICES LTD's net assets fell by 58.5%, cash in bank rose by 88.6%, total assets fell by 28.7% and total liabilities fell by 19%. Net assets contracted at 35.6% a year across the two years to 2024, from £247.53K to £102.77K. Reported headcount went from 29 in 2022 to 29 in 2024.
Which years of ETHOS PAYROLL SERVICES LTD financial data are available?
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.