FALMOUTH GARAGES LTD Financials
- Company number
- 02999539CopyCopy
- Registered office
- 7 Church Road, 7, Church Road, Penryn, Cornwall TR10 8DA
- Incorporated
- 08/12/1994
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.83%vs 20232023: £2.20M
Total Assets
20.59%vs 20232023: £3.37M
Cash in Bank
-31.53%vs 20232023: £1.19M
Total Liabilities
199.48%vs 20232023: £173.29K
Employees
-2vs 20232023: 8
In 2024, FALMOUTH GARAGES LTD reported net assets of £2.16M. The same filing shows total assets of £4.06M, cash in bank of £815.25K and total liabilities of £518.96K. Reported headcount was 6 in 2024. Total Assets rose from £3.37M in 2023 to £4.06M in 2024 (20.59%). 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
-1.83%from £2.20M 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 FALMOUTH GARAGES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+84.2%vs 2022+35.7% a year compound (CAGR)
Cash in Bank
+5626%vs 2022+657% a year compound (CAGR)
Total Assets
+13.6%vs 2022+6.6% a year compound (CAGR)
Total Liabilities
-44.2%vs 2022-25.3% a year compound (CAGR)
Employees
-40%vs 2022-4Biggest increase
Cash in Bank+5626%
£14.24K in 2022 to £815.25K in 2024
Biggest decrease
Total Liabilities-44.2%
£929.37K in 2022 to £518.96K in 2024
FALMOUTH GARAGES 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FALMOUTH GARAGES 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
- 53.21%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
- 12.77%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
- 157.09%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
- 20.06%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 FALMOUTH GARAGES 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£ | 1.22M | 1.17M | 2.20M | 2.16M |
| Total Assets£ | 2.99M | 3.58M | 3.37M | 4.06M |
| Cash in Bank£ | 37.13K | 14.24K | 1.19M | 815.25K |
| Total Liabilities£ | 481.76K | 929.37K | 173.29K | 518.96K |
| Employees | 8 | 10 | 8 | 6 |
FALMOUTH GARAGES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FALMOUTH GARAGES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FALMOUTH GARAGES LTD reported net assets of £2.16M for 2024. That compares with £2.20M in 2023, a change of -1.83%.
FALMOUTH GARAGES LTD reported total assets of £4.06M for 2024. That compares with £3.37M in 2023, a change of 20.59%.
FALMOUTH GARAGES LTD reported cash in bank of £815.25K for 2024. That compares with £1.19M in 2023, a change of -31.53%.
FALMOUTH GARAGES LTD reported 6 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, FALMOUTH GARAGES LTD's net assets rose by 84.2%, cash in bank rose by 5626%, total assets rose by 13.6% and total liabilities fell by 44.2%. Net assets compounded at 35.7% a year across the two years to 2024, from £1.17M to £2.16M. Reported headcount went from 10 in 2022 to 6 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.