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GRIFFINS MOTOR SERVICES LIMITED Financials

Company number
04447420Copy
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Registered office
5 Station Road, Hinckley, Leicestershire LE10 1AW
Incorporated
24/05/2002

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£200.33K2023
22.24%vs 2022

2022: £163.88K

Employees

42023
-1vs 2022

2022: 5

In 2023, GRIFFINS MOTOR SERVICES LIMITED reported net assets of £200.33K. Reported headcount was 4 in 2023. Net Assets rose from £163.88K in 2022 to £200.33K in 2023 (22.24%). 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

£200.33K2023
22.24%from £163.88K in 2022

Year-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 GRIFFINS MOTOR SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£143.85K2021£200.33K2023
+39.3%vs 2021

+18% a year compound (CAGR)

Employees

5202142023
-20%vs 2021-1

Biggest increase

Net Assets+39.3%

£143.85K in 2021 to £200.33K in 2023

Biggest decrease

Employees-20%

5 in 2021 to 4 in 2023

GRIFFINS MOTOR SERVICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Financial history

Every indicator Okredo tracks, year by year.

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

Indicator202120222023
Net Assets£143.85K163.88K200.33K
Total Assets£–––
Cash in Bank£–––
Total Liabilities£–––
Employees554

GRIFFINS MOTOR SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GRIFFINS MOTOR SERVICES LIMITED covering 2021–2023, across 2 reported indicators. The most recent reported year is 2023.

GRIFFINS MOTOR SERVICES LIMITED reported net assets of £200.33K for 2023. That compares with £163.88K in 2022, a change of 22.24%.

GRIFFINS MOTOR SERVICES LIMITED reported 4 employees in 2023, compared with 5 in 2022.

Between 2021 and 2023, GRIFFINS MOTOR SERVICES LIMITED's net assets rose by 39.3% and employee numbers fell by 20%. Net assets compounded at 18% a year across the two years to 2023, from £143.85K to £200.33K. Reported headcount went from 5 in 2021 to 4 in 2023 (-1).

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.