FIRWOOD PAINTS LIMITED Financials
- Company number
- 00207861CopyCopy
- Industry
- Manufacture of paints varnishes and similar coatings mastics and sealants (20.30/1 - SIC 2007)
- Registered office
- 2e Eagle Road, Moons Moat North Industrial Estate, Redditch B98 9HF
- Incorporated
- 13/08/1925
Company snapshot
- Status
- Active
- Employees
- 23 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-25.60%vs 20222022: £1.14M
Total Assets
4.06%vs 20222022: £4.39M
Cash in Bank
206.81%vs 20222022: £21.61K
Total Liabilities
14.45%vs 20222022: £3.25M
Employees
-5vs 20222022: 28
In 2023, FIRWOOD PAINTS LIMITED reported net assets of £848.03K. The same filing shows total assets of £4.57M, cash in bank of £66.30K and total liabilities of £3.72M. Reported headcount was 23 in 2023. Total Liabilities rose from £3.25M in 2022 to £3.72M in 2023 (14.45%). Okredo holds filed figures for 2021–2023; 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
-25.60%from £1.14M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures FIRWOOD PAINTS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-10.7%vs 2021-5.5% a year compound (CAGR)
Cash in Bank
-44.6%vs 2021-25.6% a year compound (CAGR)
Total Assets
+33.7%vs 2021+15.6% a year compound (CAGR)
Total Liabilities
+50.8%vs 2021+22.8% a year compound (CAGR)
Employees
-42.5%vs 2021-17Biggest increase
Total Liabilities+50.8%
£2.47M in 2021 to £3.72M in 2023
Biggest decrease
Cash in Bank-44.6%
£119.76K in 2021 to £66.30K in 2023
FIRWOOD PAINTS LIMITED's filings pull in both directions between 2021 and 2023. 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 FIRWOOD PAINTS 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
- 18.55%2023
- 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
- 81.45%2023
- 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
- 1.78%2023
- 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
- 1.45%2023
- 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 FIRWOOD PAINTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 949.21K | 1.14M | 848.03K |
| Total Assets£ | 3.42M | 4.39M | 4.57M |
| Cash in Bank£ | 119.76K | 21.61K | 66.30K |
| Total Liabilities£ | 2.47M | 3.25M | 3.72M |
| Employees | 40 | 28 | 23 |
FIRWOOD PAINTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FIRWOOD PAINTS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FIRWOOD PAINTS LIMITED reported net assets of £848.03K for 2023. That compares with £1.14M in 2022, a change of -25.60%.
FIRWOOD PAINTS LIMITED reported total assets of £4.57M for 2023. That compares with £4.39M in 2022, a change of 4.06%.
FIRWOOD PAINTS LIMITED reported cash in bank of £66.30K for 2023. That compares with £21.61K in 2022, a change of 206.81%.
FIRWOOD PAINTS LIMITED reported 23 employees in 2023, compared with 28 in 2022.
Between 2021 and 2023, FIRWOOD PAINTS LIMITED's net assets fell by 10.7%, cash in bank fell by 44.6%, total assets rose by 33.7% and total liabilities rose by 50.8%. Net assets contracted at 5.5% a year across the two years to 2023, from £949.21K to £848.03K. Reported headcount went from 40 in 2021 to 23 in 2023 (-17).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.