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GENERAL LOGISTIC SOLUTIONS LTD Financials

Company number
12678991Copy
Copy
Registered office
The Toll House, 115 High Street, Smethwick, West Midlands B66 1AA
Incorporated
18/06/2020

Company snapshot

Status
Active
Employees
2 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£20.38K2024
25.59%vs 2023

2023: £16.23K

Total Assets

£37.55K2024
-93.58%vs 2023

2023: £585.19K

Total Liabilities

£17.17K2024
Increasedvs 2023

2023: £0.00

Employees

22024
-2vs 2023

2023: 4

In 2024, GENERAL LOGISTIC SOLUTIONS LTD reported net assets of £20.38K. The same filing shows total assets of £37.55K and total liabilities of £17.17K. Reported headcount was 2 in 2024. Total Assets fell from £585.19K in 2023 to £37.55K in 2024 (-93.58%). 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

£20.38K2024
25.59%from £16.23K 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 GENERAL LOGISTIC SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.44K2022£20.38K2024
+492%vs 2022

+143% a year compound (CAGR)

Total Assets

£678.79K2022£37.55K2024
-94.5%vs 2022

-76.5% a year compound (CAGR)

Total Liabilities

£675.35K2022£17.17K2024
-97.5%vs 2022

-84.1% a year compound (CAGR)

Employees

4202222024
-50%vs 2022-2

Biggest increase

Net Assets+492%

£3.44K in 2022 to £20.38K in 2024

Biggest decrease

Total Liabilities-97.5%

£675.35K in 2022 to £17.17K in 2024

GENERAL LOGISTIC SOLUTIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 GENERAL LOGISTIC SOLUTIONS 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
54.27%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
45.73%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 GENERAL LOGISTIC SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£755.003.44K16.23K20.38K
Total Assets£670.94K678.79K585.19K37.55K
Cash in Bank£––––
Total Liabilities£670.18K675.35K0.0017.17K
Employees3442

GENERAL LOGISTIC SOLUTIONS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GENERAL LOGISTIC SOLUTIONS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

GENERAL LOGISTIC SOLUTIONS LTD reported net assets of £20.38K for 2024. That compares with £16.23K in 2023, a change of 25.59%.

GENERAL LOGISTIC SOLUTIONS LTD reported total assets of £37.55K for 2024. That compares with £585.19K in 2023, a change of -93.58%.

GENERAL LOGISTIC SOLUTIONS LTD reported total liabilities of £17.17K for 2024. That compares with £0.00 in 2023.

GENERAL LOGISTIC SOLUTIONS LTD reported 2 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, GENERAL LOGISTIC SOLUTIONS LTD's net assets rose by 492%, total assets fell by 94.5%, total liabilities fell by 97.5% and employee numbers fell by 50%. Net assets compounded at 143% a year across the two years to 2024, from £3.44K to £20.38K. Reported headcount went from 4 in 2022 to 2 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.