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FINANCIAL SERVICES SCOTLAND LIMITED Financials

Company number
SC408291Copy
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Registered office
1 Glebe Street, Stevenston, Ayrshire KA20 3EN
Incorporated
28/09/2011

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-56.40K2024
-932.09%vs 2023

2023: £6.78K

Total Assets

£66.43K2024
23.44%vs 2023

2023: £53.82K

Cash in Bank

£1.51K2022
12.49K%vs 2021

2021: £12.00

Total Liabilities

£122.83K2024
161.11%vs 2023

2023: £47.04K

Employees

52024
0vs 2023

2023: 5

In 2024, FINANCIAL SERVICES SCOTLAND LIMITED reported net assets of £-56.40K. The same filing shows total assets of £66.43K, cash in bank of £1.51K and total liabilities of £122.83K. Reported headcount was 5 in 2024. Total Liabilities rose from £47.04K in 2023 to £122.83K in 2024 (161.11%). 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

£-56.40K2024
-932.09%from £6.78K in 2023

Year-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 FINANCIAL SERVICES SCOTLAND LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£57.94K2022£-56.40K2024
-197%vs 2022

Total Assets

£112.81K2022£66.43K2024
-41.1%vs 2022

-23.3% a year compound (CAGR)

Total Liabilities

£48.57K2022£122.83K2024
+153%vs 2022

+59% a year compound (CAGR)

Employees

4202252024
+25%vs 2022+1

Biggest increase

Total Liabilities+153%

£48.57K in 2022 to £122.83K in 2024

Biggest decrease

Net Assets-197%

£57.94K in 2022 to £-56.40K in 2024

FINANCIAL SERVICES SCOTLAND LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 FINANCIAL SERVICES SCOTLAND 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
-84.89%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
184.89%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
3.11%2022

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
1.34%2022

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 FINANCIAL SERVICES SCOTLAND LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£14.92K57.94K6.78K-56.40K
Total Assets£69.16K112.81K53.82K66.43K
Cash in Bank£12.001.51K––
Total Liabilities£54.24K48.57K47.04K122.83K
Employees5455

FINANCIAL SERVICES SCOTLAND LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FINANCIAL SERVICES SCOTLAND LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FINANCIAL SERVICES SCOTLAND LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did FINANCIAL SERVICES SCOTLAND LIMITED report in 2024?

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FINANCIAL SERVICES SCOTLAND LIMITED reported net assets of £-56.40K for 2024. That compares with £6.78K in 2023, a change of -932.09%.

What total assets did FINANCIAL SERVICES SCOTLAND LIMITED report in 2024?

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FINANCIAL SERVICES SCOTLAND LIMITED reported total assets of £66.43K for 2024. That compares with £53.82K in 2023, a change of 23.44%.

What cash in bank did FINANCIAL SERVICES SCOTLAND LIMITED report in 2022?

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FINANCIAL SERVICES SCOTLAND LIMITED reported cash in bank of £1.51K for 2022. That compares with £12.00 in 2021, a change of 12.49K%.

How many people does FINANCIAL SERVICES SCOTLAND LIMITED employ?

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FINANCIAL SERVICES SCOTLAND LIMITED reported 5 employees in 2024, compared with 5 in 2023.

How have FINANCIAL SERVICES SCOTLAND LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, FINANCIAL SERVICES SCOTLAND LIMITED's net assets fell by 197%, total assets fell by 41.1%, total liabilities rose by 153% and employee numbers rose by 25%. Total assets contracted at 23.3% a year across the two years to 2024, from £112.81K to £66.43K. Reported headcount went from 4 in 2022 to 5 in 2024 (+1).

Which years of FINANCIAL SERVICES SCOTLAND LIMITED financial data are available?

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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.