FIFE LAUNDRY SERVICES LTD Financials
- Company number
- SC568250CopyCopy
- Registered office
- 117 High Street, Cowdenbeath, Fife KY4 9QA
- Incorporated
- 08/06/2017
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
148.64%vs 20232023: £-14.32K
Total Assets
-57.17%vs 20232023: £38.66K
Total Liabilities
-81.89%vs 20232023: £52.98K
Employees
0vs 20232023: 6
In 2024, FIFE LAUNDRY SERVICES LTD reported net assets of £6.97K. The same filing shows total assets of £16.56K and total liabilities of £9.60K. Reported headcount was 6 in 2024. Total Liabilities fell from £52.98K in 2023 to £9.60K in 2024 (-81.89%). 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
148.64%from £-14.32K 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 FIFE LAUNDRY SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Total Assets
-52.3%vs 2022-31% a year compound (CAGR)
Total Liabilities
-83.6%vs 2022-59.5% a year compound (CAGR)
Biggest decrease
Total Liabilities-83.6%
£58.40K in 2022 to £9.60K in 2024
FIFE LAUNDRY SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FIFE LAUNDRY SERVICES 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
- 42.06%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
- 57.94%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 FIFE LAUNDRY SERVICES 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£ | -33.15K | -23.66K | -14.32K | 6.97K |
| Total Assets£ | 21.94K | 34.74K | 38.66K | 16.56K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 55.08K | 58.40K | 52.98K | 9.60K |
| Employees | 6 | – | 6 | 6 |
FIFE LAUNDRY SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FIFE LAUNDRY SERVICES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
FIFE LAUNDRY SERVICES LTD reported net assets of £6.97K for 2024. That compares with £-14.32K in 2023, a change of 148.64%.
FIFE LAUNDRY SERVICES LTD reported total assets of £16.56K for 2024. That compares with £38.66K in 2023, a change of -57.17%.
FIFE LAUNDRY SERVICES LTD reported total liabilities of £9.60K for 2024. That compares with £52.98K in 2023, a change of -81.89%.
FIFE LAUNDRY SERVICES LTD reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, FIFE LAUNDRY SERVICES LTD's total assets fell by 52.3% and total liabilities fell by 83.6%. Total assets contracted at 31% a year across the two years to 2024, from £34.74K to £16.56K. The largest fall over the period was total liabilities, down 83.6% from £58.40K to £9.60K.
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.