GROMMETS LIMITED Financials
- Company number
- 02842512CopyCopy
- Registered office
- Unit 2, Hollands Lane, Henfield, West Sussex BN5 9QY
- Incorporated
- 05/08/1993
Company snapshot
- Status
- Active
- Employees
- 14 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
5.25%vs 20222022: £834.13K
Total Assets
9.74%vs 20222022: £1.55M
Cash in Bank
-19.68%vs 20222022: £624.76K
Total Liabilities
14.98%vs 20222022: £713.46K
Employees
-1vs 20222022: 15
In 2023, GROMMETS LIMITED reported net assets of £877.94K. The same filing shows total assets of £1.70M, cash in bank of £501.78K and total liabilities of £820.32K. Reported headcount was 14 in 2023. Total Assets rose from £1.55M in 2022 to £1.70M in 2023 (9.74%). 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
5.25%from £834.13K 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 GROMMETS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+32.1%vs 2021+14.9% a year compound (CAGR)
Cash in Bank
-33.2%vs 2021-18.3% a year compound (CAGR)
Employees
+27.3%vs 2021+3Biggest increase
Net Assets+32.1%
£664.53K in 2021 to £877.94K in 2023
Biggest decrease
Cash in Bank-33.2%
£751.50K in 2021 to £501.78K in 2023
GROMMETS 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GROMMETS 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
- 51.70%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
- 48.30%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
- 61.17%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
- 29.55%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 GROMMETS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 664.53K | 834.13K | 877.94K |
| Total Assets£ | – | 1.55M | 1.70M |
| Cash in Bank£ | 751.50K | 624.76K | 501.78K |
| Total Liabilities£ | – | 713.46K | 820.32K |
| Employees | 11 | 15 | 14 |
GROMMETS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GROMMETS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GROMMETS LIMITED reported net assets of £877.94K for 2023. That compares with £834.13K in 2022, a change of 5.25%.
GROMMETS LIMITED reported total assets of £1.70M for 2023. That compares with £1.55M in 2022, a change of 9.74%.
GROMMETS LIMITED reported cash in bank of £501.78K for 2023. That compares with £624.76K in 2022, a change of -19.68%.
GROMMETS LIMITED reported 14 employees in 2023, compared with 15 in 2022.
Between 2021 and 2023, GROMMETS LIMITED's net assets rose by 32.1%, cash in bank fell by 33.2% and employee numbers rose by 27.3%. Net assets compounded at 14.9% a year across the two years to 2023, from £664.53K to £877.94K. Reported headcount went from 11 in 2021 to 14 in 2023 (+3).
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.