G & L AUTO SPARES LIMITED Financials
- Company number
- 05612547CopyCopy
- Registered office
- Suite E2 2nd Floor The Octagon, Middleborough, Colchester, Essex CO1 1TG
- Incorporated
- 04/11/2005
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-82.46%vs 20232023: £63.02K
Total Assets
-6.14%vs 20232023: £1.56M
Cash in Bank
-15.00%vs 20232023: £564.60K
Total Liabilities
-2.40%vs 20232023: £1.44M
Employees
0vs 20232023: 5
In 2024, G & L AUTO SPARES LIMITED reported net assets of £11.05K. The same filing shows total assets of £1.47M, cash in bank of £479.92K and total liabilities of £1.40M. Reported headcount was 5 in 2024. Total Assets fell from £1.56M in 2023 to £1.47M in 2024 (-6.14%). 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
-82.46%from £63.02K in 2023Year-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 G & L AUTO SPARES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-89.8%vs 2022-68.1% a year compound (CAGR)
Cash in Bank
-23.9%vs 2022-12.8% a year compound (CAGR)
Total Assets
-10.8%vs 2022-5.6% a year compound (CAGR)
Total Liabilities
-4.1%vs 2022-2.1% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest decrease
Net Assets-89.8%
£108.67K in 2022 to £11.05K in 2024
Every indicator Okredo holds for G & L AUTO SPARES LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G & L AUTO SPARES 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
- 0.75%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
- 95.59%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
- 34.23%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
- 32.72%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 G & L AUTO SPARES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.44M | 108.67K | 63.02K | 11.05K |
| Total Assets£ | 1.64M | 1.64M | 1.56M | 1.47M |
| Cash in Bank£ | 529.11K | 630.99K | 564.60K | 479.92K |
| Total Liabilities£ | 118.85K | 1.46M | 1.44M | 1.40M |
| Employees | 6 | 6 | 5 | 5 |
G & L AUTO SPARES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G & L AUTO SPARES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
G & L AUTO SPARES LIMITED reported net assets of £11.05K for 2024. That compares with £63.02K in 2023, a change of -82.46%.
G & L AUTO SPARES LIMITED reported total assets of £1.47M for 2024. That compares with £1.56M in 2023, a change of -6.14%.
G & L AUTO SPARES LIMITED reported cash in bank of £479.92K for 2024. That compares with £564.60K in 2023, a change of -15.00%.
G & L AUTO SPARES LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, G & L AUTO SPARES LIMITED's net assets fell by 89.8%, cash in bank fell by 23.9%, total assets fell by 10.8% and total liabilities fell by 4.1%. Net assets contracted at 68.1% a year across the two years to 2024, from £108.67K to £11.05K. Reported headcount went from 6 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.