ETIKA FINANCE UK LIMITED Financials
- Company number
- 07440512Copy
Copy - Registered office
- Colony Spring Gardens Suite 5.01, 19 Spring Gardens, Manchester M2 1FB
- Incorporated
- 16/11/2010
Company snapshot
- Status
- Active
- Employees
- 42 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-0.50%vs 20222022: £42.65M
Total Assets
1.90%vs 20222022: £47.99M
Cash in Bank
-81.67%vs 20222022: £3.95M
Total Liabilities
21.21%vs 20222022: £5.30M
Employees
+4vs 20222022: 38
In 2023, ETIKA FINANCE UK LIMITED reported net assets of £42.44M. The same filing shows total assets of £48.90M, cash in bank of £723.99K and total liabilities of £6.43M. Reported headcount was 42 in 2023. Cash in Bank fell from £3.95M in 2022 to £723.99K in 2023 (-81.67%). Okredo holds filed figures for 2021–2023; 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
-0.50%from £42.65M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures ETIKA FINANCE UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+93.8%vs 2021+39.2% a year compound (CAGR)
Cash in Bank
-90.5%vs 2021-69.2% a year compound (CAGR)
Total Assets
+1.7%vs 2021+0.9% a year compound (CAGR)
Employees
+23.5%vs 2021+8Biggest increase
Net Assets+93.8%
£21.90M in 2021 to £42.44M in 2023
Biggest decrease
Cash in Bank-90.5%
£7.63M in 2021 to £723.99K in 2023
ETIKA FINANCE UK LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ETIKA FINANCE UK 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
- 86.78%2023
- Liabilities to total assets
- 13.14%2023
- Cash to liabilities
- 11.26%2023
- Cash to total assets
- 1.48%2023
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 ETIKA FINANCE UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 21.90M | 42.65M | 42.44M |
| Total Assets£ | 48.07M | 47.99M | 48.90M |
| Cash in Bank£ | 7.63M | 3.95M | 723.99K |
| Total Liabilities£ | – | 5.30M | 6.43M |
| Employees | 34 | 38 | 42 |
ETIKA FINANCE UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ETIKA FINANCE UK LIMITED filed financial statements?
Yes. Okredo holds filed figures for ETIKA FINANCE UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did ETIKA FINANCE UK LIMITED report in 2023?
ETIKA FINANCE UK LIMITED reported net assets of £42.44M for 2023. That compares with £42.65M in 2022, a change of -0.50%.
What total assets did ETIKA FINANCE UK LIMITED report in 2023?
ETIKA FINANCE UK LIMITED reported total assets of £48.90M for 2023. That compares with £47.99M in 2022, a change of 1.90%.
What cash in bank did ETIKA FINANCE UK LIMITED report in 2023?
ETIKA FINANCE UK LIMITED reported cash in bank of £723.99K for 2023. That compares with £3.95M in 2022, a change of -81.67%.
How many people does ETIKA FINANCE UK LIMITED employ?
ETIKA FINANCE UK LIMITED reported 42 employees in 2023, compared with 38 in 2022.
How have ETIKA FINANCE UK LIMITED financials changed over the last 3 years?
Between 2021 and 2023, ETIKA FINANCE UK LIMITED's net assets rose by 93.8%, cash in bank fell by 90.5%, total assets rose by 1.7% and employee numbers rose by 23.5%. Net assets compounded at 39.2% a year across the two years to 2023, from £21.90M to £42.44M. Reported headcount went from 34 in 2021 to 42 in 2023 (+8).
Which years of ETIKA FINANCE UK LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.