FACTORY 73 LTD Financials
- Company number
- SC390227CopyCopy
- Registered office
- R W F House, 5 Renfield Street, Glasgow G2 5EZ
- Incorporated
- 10/12/2010
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-12.73%vs 20232023: £172.73K
Total Assets
-19.24%vs 20232023: £539.61K
Total Liabilities
-22.30%vs 20232023: £366.89K
Employees
+3vs 20232023: 11
In 2024, FACTORY 73 LTD reported net assets of £150.74K. The same filing shows total assets of £435.81K and total liabilities of £285.07K. Reported headcount was 14 in 2024. Total Assets fell from £539.61K in 2023 to £435.81K in 2024 (-19.24%). 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
-12.73%from £172.73K 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 FACTORY 73 LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-42.6%vs 2022-24.2% a year compound (CAGR)
Total Assets
-15%vs 2022-7.8% a year compound (CAGR)
Total Liabilities
+14%vs 2022+6.8% a year compound (CAGR)
Employees
+40%vs 2022+4Biggest increase
Employees+40%
10 in 2022 to 14 in 2024
Biggest decrease
Net Assets-42.6%
£262.63K in 2022 to £150.74K in 2024
FACTORY 73 LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 FACTORY 73 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
- 34.59%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
- 65.41%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FACTORY 73 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£ | 208.76K | 262.63K | 172.73K | 150.74K |
| Total Assets£ | 385.51K | 512.71K | 539.61K | 435.81K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 176.75K | 250.07K | 366.89K | 285.07K |
| Employees | 8 | 10 | 11 | 14 |
FACTORY 73 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FACTORY 73 LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
FACTORY 73 LTD reported net assets of £150.74K for 2024. That compares with £172.73K in 2023, a change of -12.73%.
FACTORY 73 LTD reported total assets of £435.81K for 2024. That compares with £539.61K in 2023, a change of -19.24%.
FACTORY 73 LTD reported total liabilities of £285.07K for 2024. That compares with £366.89K in 2023, a change of -22.30%.
FACTORY 73 LTD reported 14 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, FACTORY 73 LTD's net assets fell by 42.6%, total assets fell by 15%, total liabilities rose by 14% and employee numbers rose by 40%. Net assets contracted at 24.2% a year across the two years to 2024, from £262.63K to £150.74K. Reported headcount went from 10 in 2022 to 14 in 2024 (+4).
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.