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FURNESS INTERNET LIMITED Financials

Company number
03225605Copy
Copy
Registered office
84 Dalton Road, Barrow-In-Furness, Cumbria LA14 1JH
Incorporated
16/07/1996

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£206.59K2024
-58.84%vs 2023

2023: £501.91K

Total Assets

£823.80K2024
-27.89%vs 2023

2023: £1.14M

Cash in Bank

£18.86K2024
31.58%vs 2023

2023: £14.34K

Total Liabilities

£443.62K2024
-2.89%vs 2023

2023: £456.81K

Employees

52024
-1vs 2023

2023: 6

In 2024, FURNESS INTERNET LIMITED reported net assets of £206.59K. The same filing shows total assets of £823.80K, cash in bank of £18.86K and total liabilities of £443.62K. Reported headcount was 5 in 2024. Total Assets fell from £1.14M in 2023 to £823.80K in 2024 (-27.89%). 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

£206.59K2024
-58.84%from £501.91K in 2023

Year-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 FURNESS INTERNET LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£410.90K2022£206.59K2024
-49.7%vs 2022

-29.1% a year compound (CAGR)

Cash in Bank

£118.01K2022£18.86K2024
-84%vs 2022

-60% a year compound (CAGR)

Total Assets

£1.06M2022£823.80K2024
-22.4%vs 2022

-11.9% a year compound (CAGR)

Total Liabilities

£495.95K2022£443.62K2024
-10.6%vs 2022

-5.4% a year compound (CAGR)

Employees

4202252024
+25%vs 2022+1

Biggest increase

Employees+25%

4 in 2022 to 5 in 2024

Biggest decrease

Cash in Bank-84%

£118.01K in 2022 to £18.86K in 2024

FURNESS INTERNET LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 FURNESS INTERNET 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
25.08%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
53.85%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
4.25%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
2.29%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 FURNESS INTERNET LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£309.80K410.90K501.91K206.59K
Total Assets£618.00K1.06M1.14M823.80K
Cash in Bank£135.01K118.01K14.34K18.86K
Total Liabilities£197.59K495.95K456.81K443.62K
Employees10465

FURNESS INTERNET LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FURNESS INTERNET LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

FURNESS INTERNET LIMITED reported net assets of £206.59K for 2024. That compares with £501.91K in 2023, a change of -58.84%.

FURNESS INTERNET LIMITED reported total assets of £823.80K for 2024. That compares with £1.14M in 2023, a change of -27.89%.

FURNESS INTERNET LIMITED reported cash in bank of £18.86K for 2024. That compares with £14.34K in 2023, a change of 31.58%.

FURNESS INTERNET LIMITED reported 5 employees in 2024, compared with 6 in 2023.

Between 2022 and 2024, FURNESS INTERNET LIMITED's net assets fell by 49.7%, cash in bank fell by 84%, total assets fell by 22.4% and total liabilities fell by 10.6%. Net assets contracted at 29.1% a year across the two years to 2024, from £410.90K to £206.59K. Reported headcount went from 4 in 2022 to 5 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.