HERITAGE FURNITURE (UK) LIMITED Financials
- Company number
- 05403398CopyCopy
- Registered office
- Unit 1 Prospect Mill, Walter Street, Blackburn, Lancashire BB1 1TJ
- Incorporated
- 24/03/2005
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
-13.89%vs 20222022: £1.38M
Total Assets
First reported yearCash in Bank
-10.13%vs 20222022: £833.45K
Total Liabilities
First reported yearEmployees
+1vs 20222022: 13
In 2023, HERITAGE FURNITURE (UK) LIMITED reported net assets of £1.19M. The same filing shows total assets of £2.38M, cash in bank of £749.03K and total liabilities of £1.02M. Reported headcount was 14 in 2023. Net Assets fell from £1.38M in 2022 to £1.19M in 2023 (-13.89%). 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
-13.89%from £1.38M 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 HERITAGE FURNITURE (UK) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-12.5%vs 2021-6.5% a year compound (CAGR)
Cash in Bank
-28%vs 2021-15.2% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Cash in Bank-28%
£1.04M in 2021 to £749.03K in 2023
Every measure that changed in HERITAGE FURNITURE (UK) LIMITED's filings between 2021 and 2023 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HERITAGE FURNITURE (UK) 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
- 57.18%2021
- 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
- 42.82%2021
- 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
- 102.07%2021
- 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
- 43.71%2021
- 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 HERITAGE FURNITURE (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.36M | 1.38M | 1.19M |
| Total Assets£ | 2.38M | – | – |
| Cash in Bank£ | 1.04M | 833.45K | 749.03K |
| Total Liabilities£ | 1.02M | – | – |
| Employees | 14 | 13 | 14 |
HERITAGE FURNITURE (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HERITAGE FURNITURE (UK) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
HERITAGE FURNITURE (UK) LIMITED reported net assets of £1.19M for 2023. That compares with £1.38M in 2022, a change of -13.89%.
HERITAGE FURNITURE (UK) LIMITED reported total assets of £2.38M for 2021. There is no earlier filing to compare it against.
HERITAGE FURNITURE (UK) LIMITED reported cash in bank of £749.03K for 2023. That compares with £833.45K in 2022, a change of -10.13%.
HERITAGE FURNITURE (UK) LIMITED reported 14 employees in 2023, compared with 13 in 2022.
Between 2021 and 2023, HERITAGE FURNITURE (UK) LIMITED's net assets fell by 12.5%, cash in bank fell by 28% and employee numbers was unchanged. Net assets contracted at 6.5% a year across the two years to 2023, from £1.36M to £1.19M. Reported headcount went from 14 in 2021 to 14 in 2023.
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.