FORCE 24 LTD Financials
- Company number
- 07448931CopyCopy
- Registered office
- Indigo Blu Office 2, Crown Point Road, Leeds, West Yorkshire LS10 1EL
- Incorporated
- 24/11/2010
Company snapshot
- Status
- Active
- Employees
- 58 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
68.87%vs 20222022: £2.25M
Total Assets
37.94%vs 20222022: £4.05M
Cash in Bank
20.03%vs 20222022: £1.03M
Total Liabilities
0.38%vs 20222022: £1.73M
Employees
-12vs 20222022: 70
In 2023, FORCE 24 LTD reported net assets of £3.80M. The same filing shows total assets of £5.58M, cash in bank of £1.24M and total liabilities of £1.74M. Reported headcount was 58 in 2023. Net Assets rose from £2.25M in 2022 to £3.80M in 2023 (68.87%). 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
68.87%from £2.25M 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 FORCE 24 LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+93%vs 2021+38.9% a year compound (CAGR)
Cash in Bank
+8.5%vs 2021+4.2% a year compound (CAGR)
Total Assets
+49.4%vs 2021+22.2% a year compound (CAGR)
Total Liabilities
+1.5%vs 2021+0.8% a year compound (CAGR)
Employees
-26.6%vs 2021-21Biggest increase
Net Assets+93%
£1.97M in 2021 to £3.80M in 2023
Biggest decrease
Employees-26.6%
79 in 2021 to 58 in 2023
FORCE 24 LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORCE 24 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
- 68.06%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
- 31.12%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
- 71.20%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
- 22.16%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 FORCE 24 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.97M | 2.25M | 3.80M |
| Total Assets£ | 3.73M | 4.05M | 5.58M |
| Cash in Bank£ | 1.14M | 1.03M | 1.24M |
| Total Liabilities£ | 1.71M | 1.73M | 1.74M |
| Employees | 79 | 70 | 58 |
FORCE 24 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FORCE 24 LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FORCE 24 LTD reported net assets of £3.80M for 2023. That compares with £2.25M in 2022, a change of 68.87%.
FORCE 24 LTD reported total assets of £5.58M for 2023. That compares with £4.05M in 2022, a change of 37.94%.
FORCE 24 LTD reported cash in bank of £1.24M for 2023. That compares with £1.03M in 2022, a change of 20.03%.
FORCE 24 LTD reported 58 employees in 2023, compared with 70 in 2022.
Between 2021 and 2023, FORCE 24 LTD's net assets rose by 93%, cash in bank rose by 8.5%, total assets rose by 49.4% and total liabilities rose by 1.5%. Net assets compounded at 38.9% a year across the two years to 2023, from £1.97M to £3.80M. Reported headcount went from 79 in 2021 to 58 in 2023 (-21).
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.