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FARSIGHT WEALTH LIMITED Financials

Company number
13685291Copy
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Registered office
329 Oldham Road, Rochdale, Rochdale OL16 5JG
Incorporated
18/10/2021

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£56.74K2024
-59.23%vs 2023

2023: £139.17K

Total Assets

£76.12K2024
-61.55%vs 2023

2023: £197.98K

Cash in Bank

£43.81K2024
-74.70%vs 2023

2023: £173.15K

Total Liabilities

£19.38K2024
-66.42%vs 2023

2023: £57.71K

Employees

42024
-1vs 2023

2023: 5

In 2024, FARSIGHT WEALTH LIMITED reported net assets of £56.74K. The same filing shows total assets of £76.12K, cash in bank of £43.81K and total liabilities of £19.38K. Reported headcount was 4 in 2024. Cash in Bank fell from £173.15K in 2023 to £43.81K in 2024 (-74.70%). Okredo holds filed figures for 2022–2024; 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

£56.74K2024
-59.23%from £139.17K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures FARSIGHT WEALTH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£53.38K2022£56.74K2024
+6.3%vs 2022

+3.1% a year compound (CAGR)

Cash in Bank

£50.88K2022£43.81K2024
-13.9%vs 2022

-7.2% a year compound (CAGR)

Total Assets

£81.84K2022£76.12K2024
-7%vs 2022

-3.6% a year compound (CAGR)

Total Liabilities

£28.46K2022£19.38K2024
-31.9%vs 2022

-17.5% a year compound (CAGR)

Employees

5202242024
-20%vs 2022-1

Biggest increase

Net Assets+6.3%

£53.38K in 2022 to £56.74K in 2024

Biggest decrease

Total Liabilities-31.9%

£28.46K in 2022 to £19.38K in 2024

FARSIGHT WEALTH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 FARSIGHT WEALTH 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
74.54%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
25.46%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
226.04%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
57.55%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 FARSIGHT WEALTH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£53.38K139.17K56.74K
Total Assets£81.84K197.98K76.12K
Cash in Bank£50.88K173.15K43.81K
Total Liabilities£28.46K57.71K19.38K
Employees554

FARSIGHT WEALTH LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FARSIGHT WEALTH LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FARSIGHT WEALTH LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did FARSIGHT WEALTH LIMITED report in 2024?

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FARSIGHT WEALTH LIMITED reported net assets of £56.74K for 2024. That compares with £139.17K in 2023, a change of -59.23%.

What total assets did FARSIGHT WEALTH LIMITED report in 2024?

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FARSIGHT WEALTH LIMITED reported total assets of £76.12K for 2024. That compares with £197.98K in 2023, a change of -61.55%.

What cash in bank did FARSIGHT WEALTH LIMITED report in 2024?

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FARSIGHT WEALTH LIMITED reported cash in bank of £43.81K for 2024. That compares with £173.15K in 2023, a change of -74.70%.

How many people does FARSIGHT WEALTH LIMITED employ?

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FARSIGHT WEALTH LIMITED reported 4 employees in 2024, compared with 5 in 2023.

How have FARSIGHT WEALTH LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, FARSIGHT WEALTH LIMITED's net assets rose by 6.3%, cash in bank fell by 13.9%, total assets fell by 7% and total liabilities fell by 31.9%. Net assets compounded at 3.1% a year across the two years to 2024, from £53.38K to £56.74K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).

Which years of FARSIGHT WEALTH LIMITED financial data are available?

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Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.