HETHEL INNOVATION LTD Financials
- Company number
- 07534401Copy
Copy - Registered office
- Hethel Engineering Centre Chapman Way, Hethel, Norwich NR14 8FB
- Incorporated
- 18/02/2011
Company snapshot
- Status
- Active
- Employees
- 29 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
75.03%vs 20222022: £-1.29M
Total Assets
23.08%vs 20222022: £8.23M
Cash in Bank
0.66%vs 20222022: £580.35K
Total Liabilities
9.71%vs 20222022: £9.50M
Employees
-1vs 20222022: 30
In 2023, HETHEL INNOVATION LTD reported net assets of £-321.64K. The same filing shows total assets of £10.13M, cash in bank of £584.19K and total liabilities of £10.43M. Reported headcount was 29 in 2023. Total Assets rose from £8.23M in 2022 to £10.13M in 2023 (23.08%). 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
75.03%from £-1.29M 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 HETHEL INNOVATION LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
-36%vs 2021-20% a year compound (CAGR)
Total Assets
+19.5%vs 2021+9.3% a year compound (CAGR)
Total Liabilities
+6.6%vs 2021+3.3% a year compound (CAGR)
Employees
+11.5%vs 2021+3Biggest increase
Total Assets+19.5%
£8.48M in 2021 to £10.13M in 2023
Biggest decrease
Cash in Bank-36%
£912.32K in 2021 to £584.19K in 2023
HETHEL INNOVATION LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, 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 HETHEL INNOVATION LTD'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
- -3.17%2023
- Liabilities to total assets
- 102.87%2023
- Cash to liabilities
- 5.60%2023
- Cash to total assets
- 5.76%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 HETHEL INNOVATION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -1.32M | -1.29M | -321.64K |
| Total Assets£ | 8.48M | 8.23M | 10.13M |
| Cash in Bank£ | 912.32K | 580.35K | 584.19K |
| Total Liabilities£ | 9.78M | 9.50M | 10.43M |
| Employees | 26 | 30 | 29 |
HETHEL INNOVATION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has HETHEL INNOVATION LTD filed financial statements?
Yes. Okredo holds filed figures for HETHEL INNOVATION LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did HETHEL INNOVATION LTD report in 2023?
HETHEL INNOVATION LTD reported net assets of £-321.64K for 2023. That compares with £-1.29M in 2022, a change of 75.03%.
What total assets did HETHEL INNOVATION LTD report in 2023?
HETHEL INNOVATION LTD reported total assets of £10.13M for 2023. That compares with £8.23M in 2022, a change of 23.08%.
What cash in bank did HETHEL INNOVATION LTD report in 2023?
HETHEL INNOVATION LTD reported cash in bank of £584.19K for 2023. That compares with £580.35K in 2022, a change of 0.66%.
How many people does HETHEL INNOVATION LTD employ?
HETHEL INNOVATION LTD reported 29 employees in 2023, compared with 30 in 2022.
How have HETHEL INNOVATION LTD financials changed over the last 3 years?
Between 2021 and 2023, HETHEL INNOVATION LTD's cash in bank fell by 36%, total assets rose by 19.5%, total liabilities rose by 6.6% and employee numbers rose by 11.5%. Cash in bank contracted at 20% a year across the two years to 2023, from £912.32K to £584.19K. Reported headcount went from 26 in 2021 to 29 in 2023 (+3).
Which years of HETHEL INNOVATION LTD financial data are available?
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.