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FRANCHISE ACCOUNTING SERVICES LIMITED Financials

Company number
03220394Copy
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Registered office
63 Nutfield Road, Redhill, Surrey RH1 3ER
Incorporated
04/07/1996

Company snapshot

Status
Active
Employees
1 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-176.96K2025
-1.62%vs 2024

2024: £-174.13K

Total Assets

£7.73K2023
-87.54%vs 2022

2022: £62.06K

Total Liabilities

£8.34K2025
No changevs 2024

2024: £8.34K

Employees

12025
0vs 2024

2024: 1

In 2025, FRANCHISE ACCOUNTING SERVICES LIMITED reported net assets of £-176.96K. The same filing shows total assets of £7.73K and total liabilities of £8.34K. Reported headcount was 1 in 2025. Total Assets fell from £62.06K in 2022 to £7.73K in 2023 (-87.54%). Okredo holds filed figures for 2021–2025; 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

£-176.96K2025
-1.62%from £-174.13K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures FRANCHISE ACCOUNTING SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-73.31K2023£-176.96K2025
Decreasedvs 2023

Total Liabilities

£81.04K2023£8.34K2025
-89.7%vs 2023

-67.9% a year compound (CAGR)

Employees

5202312025
-80%vs 2023-4

Biggest decrease

Total Liabilities-89.7%

£81.04K in 2023 to £8.34K in 2025

Every indicator Okredo holds for FRANCHISE ACCOUNTING SERVICES LIMITED fell between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FRANCHISE ACCOUNTING SERVICES 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
-948.15%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
1,048.15%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for FRANCHISE ACCOUNTING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-82.37K-79.11K-73.31K-174.13K-176.96K
Total Assets£69.36K62.06K7.73K––
Cash in Bank£–––––
Total Liabilities£151.73K141.17K81.04K8.34K8.34K
Employees56511

FRANCHISE ACCOUNTING SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FRANCHISE ACCOUNTING SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FRANCHISE ACCOUNTING SERVICES LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did FRANCHISE ACCOUNTING SERVICES LIMITED report in 2025?

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FRANCHISE ACCOUNTING SERVICES LIMITED reported net assets of £-176.96K for 2025. That compares with £-174.13K in 2024, a change of -1.62%.

What total assets did FRANCHISE ACCOUNTING SERVICES LIMITED report in 2023?

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FRANCHISE ACCOUNTING SERVICES LIMITED reported total assets of £7.73K for 2023. That compares with £62.06K in 2022, a change of -87.54%.

What total liabilities did FRANCHISE ACCOUNTING SERVICES LIMITED report in 2025?

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FRANCHISE ACCOUNTING SERVICES LIMITED reported total liabilities of £8.34K for 2025. That compares with £8.34K in 2024.

How many people does FRANCHISE ACCOUNTING SERVICES LIMITED employ?

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FRANCHISE ACCOUNTING SERVICES LIMITED reported 1 employee in 2025, compared with 1 in 2024.

How have FRANCHISE ACCOUNTING SERVICES LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, FRANCHISE ACCOUNTING SERVICES LIMITED's total liabilities fell by 89.7% and employee numbers fell by 80%. Total liabilities contracted at 67.9% a year across the two years to 2025, from £81.04K to £8.34K. Reported headcount went from 5 in 2023 to 1 in 2025 (-4).

Which years of FRANCHISE ACCOUNTING SERVICES LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.