HI-FI EXCELLENCE LIMITED Financials
- Company number
- 02540830CopyCopy
- Registered office
- Unit 2 Binns Close, Coventry CV4 9TB
- Incorporated
- 18/09/1990
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-4.91%vs 20242024: £986.76K
Total Assets
-2.19%vs 20242024: £1.19M
Cash in Bank
196.19%vs 20242024: £26.31K
Total Liabilities
-0.48%vs 20242024: £197.20K
Employees
0vs 20242024: 12
In 2025, HI-FI EXCELLENCE LIMITED reported net assets of £938.36K. The same filing shows total assets of £1.17M, cash in bank of £77.92K and total liabilities of £196.25K. Reported headcount was 12 in 2025. Cash in Bank rose from £26.31K in 2024 to £77.92K in 2025 (196.19%). Okredo holds filed figures for 2021–2025; 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
-4.91%from £986.76K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures HI-FI EXCELLENCE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-12.7%vs 2023-6.6% a year compound (CAGR)
Cash in Bank
+317%vs 2023+104% a year compound (CAGR)
Total Assets
-13.5%vs 2023-7% a year compound (CAGR)
Total Liabilities
-21.7%vs 2023-11.5% a year compound (CAGR)
Employees
-14.3%vs 2023-2Biggest increase
Cash in Bank+317%
£18.70K in 2023 to £77.92K in 2025
Biggest decrease
Total Liabilities-21.7%
£250.62K in 2023 to £196.25K in 2025
HI-FI EXCELLENCE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HI-FI EXCELLENCE 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
- 80.47%2025
- 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
- 16.83%2025
- 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
- 39.71%2025
- 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
- 6.68%2025
- 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 HI-FI EXCELLENCE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.18M | 1.13M | 1.07M | 986.76K | 938.36K |
| Total Assets£ | 1.67M | 1.47M | 1.35M | 1.19M | 1.17M |
| Cash in Bank£ | 701.38K | 58.53K | 18.70K | 26.31K | 77.92K |
| Total Liabilities£ | 481.13K | 314.04K | 250.62K | 197.20K | 196.25K |
| Employees | 14 | 15 | 14 | 12 | 12 |
HI-FI EXCELLENCE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HI-FI EXCELLENCE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
HI-FI EXCELLENCE LIMITED reported net assets of £938.36K for 2025. That compares with £986.76K in 2024, a change of -4.91%.
HI-FI EXCELLENCE LIMITED reported total assets of £1.17M for 2025. That compares with £1.19M in 2024, a change of -2.19%.
HI-FI EXCELLENCE LIMITED reported cash in bank of £77.92K for 2025. That compares with £26.31K in 2024, a change of 196.19%.
HI-FI EXCELLENCE LIMITED reported 12 employees in 2025, compared with 12 in 2024.
Between 2023 and 2025, HI-FI EXCELLENCE LIMITED's net assets fell by 12.7%, cash in bank rose by 317%, total assets fell by 13.5% and total liabilities fell by 21.7%. Net assets contracted at 6.6% a year across the two years to 2025, from £1.07M to £938.36K. Reported headcount went from 14 in 2023 to 12 in 2025 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.