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GIG RETAIL LIMITED Financials

Company number
07851895Copy
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Registered office
Old Linen Court, 83-85 Shambles Street, Barnsley, South Yorkshire S70 2SB
Incorporated
17/11/2011

Company snapshot

Status
Active
Employees
28 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£2.01M2024
62.04%vs 2023

2023: £1.24M

Total Assets

£2.34M2024
-59.25%vs 2023

2023: £5.74M

Cash in Bank

£1.22M2024
6.06%vs 2023

2023: £1.15M

Total Liabilities

£323.38K2024
-92.80%vs 2023

2023: £4.49M

Employees

282024
-55vs 2023

2023: 83

In 2024, GIG RETAIL LIMITED reported net assets of £2.01M. The same filing shows total assets of £2.34M, cash in bank of £1.22M and total liabilities of £323.38K. Reported headcount was 28 in 2024. Total Liabilities fell from £4.49M in 2023 to £323.38K in 2024 (-92.80%). 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

£2.01M2024
62.04%from £1.24M 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 GIG RETAIL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.31M2022£2.01M2024
+53.9%vs 2022

+24% a year compound (CAGR)

Cash in Bank

£1.21M2022£1.22M2024
+1%vs 2022

+0.5% a year compound (CAGR)

Total Assets

£4.48M2022£2.34M2024
-47.8%vs 2022

-27.8% a year compound (CAGR)

Total Liabilities

£3.17M2022£323.38K2024
-89.8%vs 2022

-68.1% a year compound (CAGR)

Employees

872022282024
-67.8%vs 2022-59

Biggest increase

Net Assets+53.9%

£1.31M in 2022 to £2.01M in 2024

Biggest decrease

Total Liabilities-89.8%

£3.17M in 2022 to £323.38K in 2024

GIG RETAIL LIMITED'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 GIG RETAIL 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
86.17%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
13.83%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
376.69%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
52.11%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 GIG RETAIL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.29M1.31M1.24M2.01M
Total Assets£3.07M4.48M5.74M2.34M
Cash in Bank£734.78K1.21M1.15M1.22M
Total Liabilities£1.78M3.17M4.49M323.38K
Employees71878328

GIG RETAIL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has GIG RETAIL LIMITED filed financial statements?

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Yes. Okredo holds filed figures for GIG RETAIL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did GIG RETAIL LIMITED report in 2024?

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GIG RETAIL LIMITED reported net assets of £2.01M for 2024. That compares with £1.24M in 2023, a change of 62.04%.

What total assets did GIG RETAIL LIMITED report in 2024?

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GIG RETAIL LIMITED reported total assets of £2.34M for 2024. That compares with £5.74M in 2023, a change of -59.25%.

What cash in bank did GIG RETAIL LIMITED report in 2024?

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GIG RETAIL LIMITED reported cash in bank of £1.22M for 2024. That compares with £1.15M in 2023, a change of 6.06%.

How many people does GIG RETAIL LIMITED employ?

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GIG RETAIL LIMITED reported 28 employees in 2024, compared with 83 in 2023.

How have GIG RETAIL LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, GIG RETAIL LIMITED's net assets rose by 53.9%, cash in bank rose by 1%, total assets fell by 47.8% and total liabilities fell by 89.8%. Net assets compounded at 24% a year across the two years to 2024, from £1.31M to £2.01M. Reported headcount went from 87 in 2022 to 28 in 2024 (-59).

Which years of GIG RETAIL 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.