GARNESS GROUP LIMITED Financials
- Company number
- 02858176CopyCopy
- Registered office
- Riverside House, 11-12 Nelson Street, Hull HU1 1XE
- Incorporated
- 29/09/1993
Company snapshot
- Status
- Active
- Employees
- 5 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
16.68%vs 20252025: £770.19K
Total Assets
-47.81%vs 20252025: £2.30M
Cash in Bank
410.83%vs 20252025: £79.86K
Total Liabilities
-63.39%vs 20252025: £700.46K
Employees
-1vs 20252025: 6
In 2026, GARNESS GROUP LIMITED reported net assets of £898.63K. The same filing shows total assets of £1.20M, cash in bank of £407.95K and total liabilities of £256.45K. Reported headcount was 5 in 2026. Total Assets fell from £2.30M in 2025 to £1.20M in 2026 (-47.81%). Okredo holds filed figures for 2022–2026; 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
16.68%from £770.19K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures GARNESS GROUP LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+45.2%vs 2024+20.5% a year compound (CAGR)
Cash in Bank
+711%vs 2024+185% a year compound (CAGR)
Total Assets
-45.3%vs 2024-26.1% a year compound (CAGR)
Total Liabilities
-66.3%vs 2024-41.9% a year compound (CAGR)
Employees
-16.7%vs 2024-1Biggest increase
Cash in Bank+711%
£50.32K in 2024 to £407.95K in 2026
Biggest decrease
Total Liabilities-66.3%
£759.89K in 2024 to £256.45K in 2026
GARNESS GROUP LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GARNESS GROUP 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
- 74.73%2026
- 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
- 21.32%2026
- 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
- 159.08%2026
- 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
- 33.92%2026
- 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 GARNESS GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 530.74K | 612.50K | 618.85K | 770.19K | 898.63K |
| Total Assets£ | 2.27M | 2.20M | 2.20M | 2.30M | 1.20M |
| Cash in Bank£ | 53.57K | 149.71K | 50.32K | 79.86K | 407.95K |
| Total Liabilities£ | 873.85K | 751.25K | 759.89K | 700.46K | 256.45K |
| Employees | 6 | 6 | 6 | 6 | 5 |
GARNESS GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GARNESS GROUP LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
GARNESS GROUP LIMITED reported net assets of £898.63K for 2026. That compares with £770.19K in 2025, a change of 16.68%.
GARNESS GROUP LIMITED reported total assets of £1.20M for 2026. That compares with £2.30M in 2025, a change of -47.81%.
GARNESS GROUP LIMITED reported cash in bank of £407.95K for 2026. That compares with £79.86K in 2025, a change of 410.83%.
GARNESS GROUP LIMITED reported 5 employees in 2026, compared with 6 in 2025.
Between 2024 and 2026, GARNESS GROUP LIMITED's net assets rose by 45.2%, cash in bank rose by 711%, total assets fell by 45.3% and total liabilities fell by 66.3%. Net assets compounded at 20.5% a year across the two years to 2026, from £618.85K to £898.63K. Reported headcount went from 6 in 2024 to 5 in 2026 (-1).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.