FREIGHTFORCE DISTRIBUTION LTD Financials
- Company number
- 03498298CopyCopy
- Registered office
- 1a Guardian Road Industrial Estate, Guardian Road, Norwich, Norfolk NR5 8PF
- Incorporated
- 23/01/1998
Company snapshot
- Status
- Active
- Employees
- 95 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
7.13%vs 20222022: £2.60M
Total Assets
3.49%vs 20222022: £14.95M
Cash in Bank
148.47%vs 20222022: £25.03K
Total Liabilities
-0.72%vs 20222022: £6.42M
Employees
-2vs 20222022: 97
In 2023, FREIGHTFORCE DISTRIBUTION LTD reported net assets of £2.78M. The same filing shows total assets of £15.47M, cash in bank of £62.19K and total liabilities of £6.37M. Reported headcount was 95 in 2023. Total Assets rose from £14.95M in 2022 to £15.47M in 2023 (3.49%). 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
7.13%from £2.60M 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 FREIGHTFORCE DISTRIBUTION LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+28.4%vs 2021+13.3% a year compound (CAGR)
Cash in Bank
-87.9%vs 2021-65.3% a year compound (CAGR)
Total Assets
+20.9%vs 2021+10% a year compound (CAGR)
Total Liabilities
+4.9%vs 2021+2.4% a year compound (CAGR)
Employees
-1%vs 2021-1Biggest increase
Net Assets+28.4%
£2.17M in 2021 to £2.78M in 2023
Biggest decrease
Cash in Bank-87.9%
£515.39K in 2021 to £62.19K in 2023
FREIGHTFORCE DISTRIBUTION 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FREIGHTFORCE DISTRIBUTION 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
- 17.98%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
- 41.19%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
- 0.98%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
- 0.40%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £136.92K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FREIGHTFORCE DISTRIBUTION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.17M | 2.60M | 2.78M |
| Total Assets£ | 12.79M | 14.95M | 15.47M |
| Cash in Bank£ | 515.39K | 25.03K | 62.19K |
| Total Liabilities£ | 6.07M | 6.42M | 6.37M |
| Employees | 96 | 97 | 95 |
FREIGHTFORCE DISTRIBUTION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FREIGHTFORCE DISTRIBUTION LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FREIGHTFORCE DISTRIBUTION LTD reported net assets of £2.78M for 2023. That compares with £2.60M in 2022, a change of 7.13%.
FREIGHTFORCE DISTRIBUTION LTD reported total assets of £15.47M for 2023. That compares with £14.95M in 2022, a change of 3.49%.
FREIGHTFORCE DISTRIBUTION LTD reported cash in bank of £62.19K for 2023. That compares with £25.03K in 2022, a change of 148.47%.
FREIGHTFORCE DISTRIBUTION LTD reported 95 employees in 2023, compared with 97 in 2022.
Between 2021 and 2023, FREIGHTFORCE DISTRIBUTION LTD's net assets rose by 28.4%, cash in bank fell by 87.9%, total assets rose by 20.9% and total liabilities rose by 4.9%. Net assets compounded at 13.3% a year across the two years to 2023, from £2.17M to £2.78M. Reported headcount went from 96 in 2021 to 95 in 2023 (-1).
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.