FIRMAC LIMITED Financials
- Company number
- 01840612CopyCopy
- Registered office
- Elge House Hopper Hill Road, Eastfield, Scarborough YO11 3YS
- Incorporated
- 14/08/1984
Company snapshot
- Status
- Active
- Employees
- 39 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.61%vs 20232023: £2.67M
Total Assets
11.43%vs 20232023: £6.39M
Cash in Bank
-44.20%vs 20232023: £459.63K
Total Liabilities
16.34%vs 20232023: £3.71M
Employees
+2vs 20232023: 37
In 2024, FIRMAC LIMITED reported net assets of £2.80M. The same filing shows total assets of £7.12M, cash in bank of £256.48K and total liabilities of £4.32M. Reported headcount was 39 in 2024. Total Assets rose from £6.39M in 2023 to £7.12M in 2024 (11.43%). 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
4.61%from £2.67M 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 FIRMAC LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-12.2%vs 2022-6.3% a year compound (CAGR)
Cash in Bank
-82.9%vs 2022-58.7% a year compound (CAGR)
Total Assets
+31.3%vs 2022+14.6% a year compound (CAGR)
Total Liabilities
+93.3%vs 2022+39% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+93.3%
£2.23M in 2022 to £4.32M in 2024
Biggest decrease
Cash in Bank-82.9%
£1.50M in 2022 to £256.48K in 2024
FIRMAC 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FIRMAC 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
- 39.30%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
- 60.70%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
- 5.94%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
- 3.60%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 FIRMAC LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.67M | 3.18M | 2.67M | 2.80M |
| Total Assets£ | 4.95M | 5.42M | 6.39M | 7.12M |
| Cash in Bank£ | 535.85K | 1.50M | 459.63K | 256.48K |
| Total Liabilities£ | 1.28M | 2.23M | 3.71M | 4.32M |
| Employees | 45 | 39 | 37 | 39 |
FIRMAC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FIRMAC LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FIRMAC LIMITED reported net assets of £2.80M for 2024. That compares with £2.67M in 2023, a change of 4.61%.
FIRMAC LIMITED reported total assets of £7.12M for 2024. That compares with £6.39M in 2023, a change of 11.43%.
FIRMAC LIMITED reported cash in bank of £256.48K for 2024. That compares with £459.63K in 2023, a change of -44.20%.
FIRMAC LIMITED reported 39 employees in 2024, compared with 37 in 2023.
Between 2022 and 2024, FIRMAC LIMITED's net assets fell by 12.2%, cash in bank fell by 82.9%, total assets rose by 31.3% and total liabilities rose by 93.3%. Net assets contracted at 6.3% a year across the two years to 2024, from £3.18M to £2.80M. Reported headcount went from 39 in 2022 to 39 in 2024.
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.