GROUP55 LIMITED Financials
- Company number
- 04613458CopyCopy
- Registered office
- Common Bank Industrial Estate, Ackhurst Road, Chorley PR7 1NH
- Incorporated
- 10/12/2002
Company snapshot
- Status
- Active
- Employees
- 1 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
25.64%vs 20232023: £1.21M
Total Assets
62.68%vs 20232023: £3.95M
Cash in Bank
67.01%vs 20232023: £180.17K
Total Liabilities
79.00%vs 20232023: £2.74M
Employees
-77vs 20232023: 78
In 2024, GROUP55 LIMITED reported net assets of £1.52M. The same filing shows total assets of £6.42M, cash in bank of £300.90K and total liabilities of £4.91M. Reported headcount was 1 in 2024. Total Assets rose from £3.95M in 2023 to £6.42M in 2024 (62.68%). 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
25.64%from £1.21M in 2023Year-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 GROUP55 LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-18.6%vs 2022-9.8% a year compound (CAGR)
Cash in Bank
-39.5%vs 2022-22.2% a year compound (CAGR)
Total Assets
+76.4%vs 2022+32.8% a year compound (CAGR)
Total Liabilities
+176%vs 2022+66.2% a year compound (CAGR)
Employees
-98.5%vs 2022-67Biggest increase
Total Liabilities+176%
£1.78M in 2022 to £4.91M in 2024
Biggest decrease
Employees-98.5%
68 in 2022 to 1 in 2024
GROUP55 LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GROUP55 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
- 23.62%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
- 76.38%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
- 6.13%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
- 4.69%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 GROUP55 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.19M | 1.86M | 1.21M | 1.52M |
| Total Assets£ | 3.80M | 3.64M | 3.95M | 6.42M |
| Cash in Bank£ | 784.33K | 497.62K | 180.17K | 300.90K |
| Total Liabilities£ | 1.61M | 1.78M | 2.74M | 4.91M |
| Employees | 49 | 68 | 78 | 1 |
GROUP55 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GROUP55 LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GROUP55 LIMITED reported net assets of £1.52M for 2024. That compares with £1.21M in 2023, a change of 25.64%.
GROUP55 LIMITED reported total assets of £6.42M for 2024. That compares with £3.95M in 2023, a change of 62.68%.
GROUP55 LIMITED reported cash in bank of £300.90K for 2024. That compares with £180.17K in 2023, a change of 67.01%.
GROUP55 LIMITED reported 1 employee in 2024, compared with 78 in 2023.
Between 2022 and 2024, GROUP55 LIMITED's net assets fell by 18.6%, cash in bank fell by 39.5%, total assets rose by 76.4% and total liabilities rose by 176%. Net assets contracted at 9.8% a year across the two years to 2024, from £1.86M to £1.52M. Reported headcount went from 68 in 2022 to 1 in 2024 (-67).
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.