G. & M. REED MOTORS LIMITED Financials
- Company number
- 02080979CopyCopy
- Registered office
- 46 St Albans Road, Barnet, Herts EN5 4LA
- Incorporated
- 05/12/1986
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-19.40%vs 20232023: £67.83K
Total Assets
-4.35%vs 20232023: £128.69K
Cash in Bank
-11.86%vs 20232023: £121.79K
Total Liabilities
9.40%vs 20232023: £59.12K
Employees
+3vs 20232023: 3
In 2024, G. & M. REED MOTORS LIMITED reported net assets of £54.67K. The same filing shows total assets of £123.09K, cash in bank of £107.35K and total liabilities of £64.68K. Reported headcount was 6 in 2024. Cash in Bank fell from £121.79K in 2023 to £107.35K in 2024 (-11.86%). 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
-19.40%from £67.83K 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. & M. REED MOTORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-9.1%vs 2022-4.7% a year compound (CAGR)
Cash in Bank
-1%vs 2022-0.5% a year compound (CAGR)
Total Assets
-1%vs 2022-0.5% a year compound (CAGR)
Total Liabilities
+6.3%vs 2022+3.1% a year compound (CAGR)
Employees
+50%vs 2022+2Biggest increase
Employees+50%
4 in 2022 to 6 in 2024
Biggest decrease
Net Assets-9.1%
£60.17K in 2022 to £54.67K in 2024
G. & M. REED MOTORS 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G. & M. REED MOTORS 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
- 44.42%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
- 52.55%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
- 165.97%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
- 87.21%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. & M. REED MOTORS 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£ | 89.99K | 60.17K | 67.83K | 54.67K |
| Total Assets£ | 159.90K | 124.32K | 128.69K | 123.09K |
| Cash in Bank£ | 149.25K | 108.46K | 121.79K | 107.35K |
| Total Liabilities£ | 67.24K | 60.84K | 59.12K | 64.68K |
| Employees | 4 | 4 | 3 | 6 |
G. & M. REED MOTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G. & M. REED MOTORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
G. & M. REED MOTORS LIMITED reported net assets of £54.67K for 2024. That compares with £67.83K in 2023, a change of -19.40%.
G. & M. REED MOTORS LIMITED reported total assets of £123.09K for 2024. That compares with £128.69K in 2023, a change of -4.35%.
G. & M. REED MOTORS LIMITED reported cash in bank of £107.35K for 2024. That compares with £121.79K in 2023, a change of -11.86%.
G. & M. REED MOTORS LIMITED reported 6 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, G. & M. REED MOTORS LIMITED's net assets fell by 9.1%, cash in bank fell by 1%, total assets fell by 1% and total liabilities rose by 6.3%. Net assets contracted at 4.7% a year across the two years to 2024, from £60.17K to £54.67K. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).
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.