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GAFFNEY THOM LIMITED Financials

Company number
SC666010Copy
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Registered office
Ivy Cottage Timmerlum Lane, Newburgh, Ellon AB41 6BG
Incorporated
01/07/2020

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£8.92K2024
-30.13%vs 2023

2023: £12.76K

Total Assets

£37.48K2024
5.22%vs 2023

2023: £35.62K

Total Liabilities

£28.77K2024
24.73%vs 2023

2023: £23.06K

Employees

52024
0vs 2023

2023: 5

In 2024, GAFFNEY THOM LIMITED reported net assets of £8.92K. The same filing shows total assets of £37.48K and total liabilities of £28.77K. Reported headcount was 5 in 2024. Total Liabilities rose from £23.06K in 2023 to £28.77K in 2024 (24.73%). 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

£8.92K2024
-30.13%from £12.76K 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 GAFFNEY THOM LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£17.39K2022£8.92K2024
-48.7%vs 2022

-28.4% a year compound (CAGR)

Employees

3202252024
+66.7%vs 2022+2

Biggest increase

Employees+66.7%

3 in 2022 to 5 in 2024

Biggest decrease

Net Assets-48.7%

£17.39K in 2022 to £8.92K in 2024

GAFFNEY THOM 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 GAFFNEY THOM 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
23.79%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
76.75%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for GAFFNEY THOM LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£8.60K17.39K12.76K8.92K
Total Assets£35.78K–35.62K37.48K
Cash in Bank£––––
Total Liabilities£27.37K–23.06K28.77K
Employees2355

GAFFNEY THOM LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has GAFFNEY THOM LIMITED filed financial statements?

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Yes. Okredo holds filed figures for GAFFNEY THOM LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did GAFFNEY THOM LIMITED report in 2024?

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GAFFNEY THOM LIMITED reported net assets of £8.92K for 2024. That compares with £12.76K in 2023, a change of -30.13%.

What total assets did GAFFNEY THOM LIMITED report in 2024?

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GAFFNEY THOM LIMITED reported total assets of £37.48K for 2024. That compares with £35.62K in 2023, a change of 5.22%.

What total liabilities did GAFFNEY THOM LIMITED report in 2024?

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GAFFNEY THOM LIMITED reported total liabilities of £28.77K for 2024. That compares with £23.06K in 2023, a change of 24.73%.

How many people does GAFFNEY THOM LIMITED employ?

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GAFFNEY THOM LIMITED reported 5 employees in 2024, compared with 5 in 2023.

How have GAFFNEY THOM LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, GAFFNEY THOM LIMITED's net assets fell by 48.7% and employee numbers rose by 66.7%. Net assets contracted at 28.4% a year across the two years to 2024, from £17.39K to £8.92K. Reported headcount went from 3 in 2022 to 5 in 2024 (+2).

Which years of GAFFNEY THOM LIMITED financial data are available?

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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.