GMV DISTRIBUTION LIMITED Financials
- Company number
- 02798570CopyCopy
- Registered office
- Norlea House, Edgar Street, Bolton, Lancs. BL3 6EZ
- Incorporated
- 11/03/1993
Company snapshot
- Status
- Active
- Employees
- 21 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-61.44%vs 20222022: £73.32K
Total Assets
34.19%vs 20222022: £256.59K
Cash in Bank
35.77%vs 20222022: £10.31K
Total Liabilities
81.60%vs 20222022: £167.12K
Employees
+4vs 20222022: 17
In 2023, GMV DISTRIBUTION LIMITED reported net assets of £28.27K. The same filing shows total assets of £344.32K, cash in bank of £13.99K and total liabilities of £303.48K. Reported headcount was 21 in 2023. Total Liabilities rose from £167.12K in 2022 to £303.48K in 2023 (81.60%). Okredo holds filed figures for 2021–2023; 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
-61.44%from £73.32K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures GMV DISTRIBUTION LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-82.8%vs 2021-58.5% a year compound (CAGR)
Cash in Bank
+9%vs 2021+4.4% a year compound (CAGR)
Total Assets
+8%vs 2021+3.9% a year compound (CAGR)
Total Liabilities
+126%vs 2021+50.4% a year compound (CAGR)
Employees
+31.3%vs 2021+5Biggest increase
Total Liabilities+126%
£134.13K in 2021 to £303.48K in 2023
Biggest decrease
Net Assets-82.8%
£164.06K in 2021 to £28.27K in 2023
GMV DISTRIBUTION LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 GMV DISTRIBUTION 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
- 8.21%2023
- 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
- 88.14%2023
- 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
- 4.61%2023
- 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
- 4.06%2023
- 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 GMV DISTRIBUTION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 164.06K | 73.32K | 28.27K |
| Total Assets£ | 318.88K | 256.59K | 344.32K |
| Cash in Bank£ | 12.84K | 10.31K | 13.99K |
| Total Liabilities£ | 134.13K | 167.12K | 303.48K |
| Employees | 16 | 17 | 21 |
GMV DISTRIBUTION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GMV DISTRIBUTION LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GMV DISTRIBUTION LIMITED reported net assets of £28.27K for 2023. That compares with £73.32K in 2022, a change of -61.44%.
GMV DISTRIBUTION LIMITED reported total assets of £344.32K for 2023. That compares with £256.59K in 2022, a change of 34.19%.
GMV DISTRIBUTION LIMITED reported cash in bank of £13.99K for 2023. That compares with £10.31K in 2022, a change of 35.77%.
GMV DISTRIBUTION LIMITED reported 21 employees in 2023, compared with 17 in 2022.
Between 2021 and 2023, GMV DISTRIBUTION LIMITED's net assets fell by 82.8%, cash in bank rose by 9%, total assets rose by 8% and total liabilities rose by 126%. Net assets contracted at 58.5% a year across the two years to 2023, from £164.06K to £28.27K. Reported headcount went from 16 in 2021 to 21 in 2023 (+5).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.