FURNISH 1 LTD Financials
- Company number
- 11502298CopyCopy
- Registered office
- 4385, 11502298 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
- Incorporated
- 06/08/2018
Company snapshot
- Status
- Active
- Employees
- 15 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
49.46%vs 20222022: £2.76M
Total Assets
48.91%vs 20222022: £4.34M
Cash in Bank
7.99%vs 20222022: £394.06K
Total Liabilities
77.30%vs 20222022: £344.76K
Employees
+6vs 20222022: 9
In 2023, FURNISH 1 LTD reported net assets of £4.13M. The same filing shows total assets of £6.46M, cash in bank of £425.56K and total liabilities of £611.26K. Reported headcount was 15 in 2023. Total Assets rose from £4.34M in 2022 to £6.46M in 2023 (48.91%). 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
49.46%from £2.76M 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 FURNISH 1 LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+130%vs 2021+51.6% a year compound (CAGR)
Cash in Bank
+28.5%vs 2021+13.3% a year compound (CAGR)
Total Assets
+124%vs 2021+49.8% a year compound (CAGR)
Total Liabilities
+88.2%vs 2021+37.2% a year compound (CAGR)
Employees
+114%vs 2021+8Biggest increase
Net Assets+130%
£1.80M in 2021 to £4.13M in 2023
Every indicator Okredo holds for FURNISH 1 LTD rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FURNISH 1 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
- 63.89%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
- 9.46%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
- 69.62%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
- 6.58%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £501.47K2023
- 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 FURNISH 1 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.80M | 2.76M | 4.13M |
| Total Assets£ | 2.88M | 4.34M | 6.46M |
| Cash in Bank£ | 331.29K | 394.06K | 425.56K |
| Total Liabilities£ | 324.86K | 344.76K | 611.26K |
| Employees | 7 | 9 | 15 |
FURNISH 1 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FURNISH 1 LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FURNISH 1 LTD reported net assets of £4.13M for 2023. That compares with £2.76M in 2022, a change of 49.46%.
FURNISH 1 LTD reported total assets of £6.46M for 2023. That compares with £4.34M in 2022, a change of 48.91%.
FURNISH 1 LTD reported cash in bank of £425.56K for 2023. That compares with £394.06K in 2022, a change of 7.99%.
FURNISH 1 LTD reported 15 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, FURNISH 1 LTD's net assets rose by 130%, cash in bank rose by 28.5%, total assets rose by 124% and total liabilities rose by 88.2%. Net assets compounded at 51.6% a year across the two years to 2023, from £1.80M to £4.13M. Reported headcount went from 7 in 2021 to 15 in 2023 (+8).
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.