FLOORING SPECIALISTS LIMITED Financials
- Company number
- 02059408CopyCopy
- Registered office
- Tilsmore Court, 89 High Street, Heathfield, East Sussex TN21 8JA
- Incorporated
- 29/09/1986
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-55.46%vs 20232023: £208.83K
Total Assets
-18.38%vs 20232023: £857.73K
Cash in Bank
-6.00%vs 20232023: £219.02K
Total Liabilities
-6.45%vs 20232023: £648.90K
Employees
0vs 20232023: 14
In 2024, FLOORING SPECIALISTS LIMITED reported net assets of £93.01K. The same filing shows total assets of £700.05K, cash in bank of £205.88K and total liabilities of £607.04K. Reported headcount was 14 in 2024. Total Assets fell from £857.73K in 2023 to £700.05K in 2024 (-18.38%). 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
-55.46%from £208.83K 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 FLOORING SPECIALISTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-72.8%vs 2022-47.8% a year compound (CAGR)
Cash in Bank
-47.3%vs 2022-27.4% a year compound (CAGR)
Total Assets
-30.2%vs 2022-16.4% a year compound (CAGR)
Total Liabilities
-8.1%vs 2022-4.1% a year compound (CAGR)
Employees
-6.7%vs 2022-1Biggest decrease
Net Assets-72.8%
£341.66K in 2022 to £93.01K in 2024
Every indicator Okredo holds for FLOORING SPECIALISTS LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FLOORING SPECIALISTS 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
- 13.29%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
- 86.71%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
- 33.92%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
- 29.41%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 FLOORING SPECIALISTS 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£ | 226.59K | 341.66K | 208.83K | 93.01K |
| Total Assets£ | 942.28K | 1.00M | 857.73K | 700.05K |
| Cash in Bank£ | 377.61K | 390.85K | 219.02K | 205.88K |
| Total Liabilities£ | 715.69K | 660.62K | 648.90K | 607.04K |
| Employees | 14 | 15 | 14 | 14 |
FLOORING SPECIALISTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FLOORING SPECIALISTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FLOORING SPECIALISTS LIMITED reported net assets of £93.01K for 2024. That compares with £208.83K in 2023, a change of -55.46%.
FLOORING SPECIALISTS LIMITED reported total assets of £700.05K for 2024. That compares with £857.73K in 2023, a change of -18.38%.
FLOORING SPECIALISTS LIMITED reported cash in bank of £205.88K for 2024. That compares with £219.02K in 2023, a change of -6.00%.
FLOORING SPECIALISTS LIMITED reported 14 employees in 2024, compared with 14 in 2023.
Between 2022 and 2024, FLOORING SPECIALISTS LIMITED's net assets fell by 72.8%, cash in bank fell by 47.3%, total assets fell by 30.2% and total liabilities fell by 8.1%. Net assets contracted at 47.8% a year across the two years to 2024, from £341.66K to £93.01K. Reported headcount went from 15 in 2022 to 14 in 2024 (-1).
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.