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EXPRESS HAND CAR WASH CENTRE LTD Financials

Company number
11876302Copy
Copy
Registered office
Office 1 & 2 203 205 The Vale, London W3 7QS
Incorporated
12/03/2019

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-38.64K2023
-153.27%vs 2022

2022: £-15.26K

Total Assets

£5.79K2023
12.96%vs 2022

2022: £5.12K

Total Liabilities

£44.43K2023
117.99%vs 2022

2022: £20.38K

Employees

32023
-1vs 2022

2022: 4

In 2023, EXPRESS HAND CAR WASH CENTRE LTD reported net assets of £-38.64K. The same filing shows total assets of £5.79K and total liabilities of £44.43K. Reported headcount was 3 in 2023. Total Liabilities rose from £20.38K in 2022 to £44.43K in 2023 (117.99%). 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

£-38.64K2023
-153.27%from £-15.26K in 2022

Year-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 EXPRESS HAND CAR WASH CENTRE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-8.07K2021£-38.64K2023
Decreasedvs 2021

Total Assets

£4.13K2021£5.79K2023
+40%vs 2021

+18.3% a year compound (CAGR)

Total Liabilities

£12.20K2021£44.43K2023
+264%vs 2021

+90.8% a year compound (CAGR)

Employees

9202132023
-66.7%vs 2021-6

Biggest increase

Total Liabilities+264%

£12.20K in 2021 to £44.43K in 2023

Biggest decrease

Employees-66.7%

9 in 2021 to 3 in 2023

EXPRESS HAND CAR WASH CENTRE LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 EXPRESS HAND CAR WASH CENTRE 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
-667.54%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.
Liabilities to total assets
767.54%2023
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 EXPRESS HAND CAR WASH CENTRE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-8.07K-15.26K-38.64K
Total Assets£4.13K5.12K5.79K
Cash in Bank£–––
Total Liabilities£12.20K20.38K44.43K
Employees943

EXPRESS HAND CAR WASH CENTRE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for EXPRESS HAND CAR WASH CENTRE LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

EXPRESS HAND CAR WASH CENTRE LTD reported net assets of £-38.64K for 2023. That compares with £-15.26K in 2022, a change of -153.27%.

EXPRESS HAND CAR WASH CENTRE LTD reported total assets of £5.79K for 2023. That compares with £5.12K in 2022, a change of 12.96%.

EXPRESS HAND CAR WASH CENTRE LTD reported total liabilities of £44.43K for 2023. That compares with £20.38K in 2022, a change of 117.99%.

EXPRESS HAND CAR WASH CENTRE LTD reported 3 employees in 2023, compared with 4 in 2022.

Between 2021 and 2023, EXPRESS HAND CAR WASH CENTRE LTD's total assets rose by 40%, total liabilities rose by 264% and employee numbers fell by 66.7%. Total assets compounded at 18.3% a year across the two years to 2023, from £4.13K to £5.79K. Reported headcount went from 9 in 2021 to 3 in 2023 (-6).

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.