HIFI FILTER UK LTD Financials
- Company number
- 03226779CopyCopy
- Registered office
- Unit H, Longacre, Willenhall, West Midlands WV13 2JX
- Incorporated
- 18/07/1996
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
55.98%vs 20232023: £364.45K
Total Assets
35.27%vs 20232023: £1.79M
Cash in Bank
39.06%vs 20232023: £720.87K
Total Liabilities
30.38%vs 20232023: £1.35M
Employees
+1vs 20232023: 13
In 2024, HIFI FILTER UK LTD reported net assets of £568.48K. The same filing shows total assets of £2.42M, cash in bank of £1.00M and total liabilities of £1.76M. Reported headcount was 14 in 2024. Total Assets rose from £1.79M in 2023 to £2.42M in 2024 (35.27%). 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
55.98%from £364.45K 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 HIFI FILTER UK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+62.3%vs 2022+27.4% a year compound (CAGR)
Cash in Bank
+127%vs 2022+50.5% a year compound (CAGR)
Total Assets
+56.4%vs 2022+25% a year compound (CAGR)
Total Liabilities
+57.6%vs 2022+25.6% a year compound (CAGR)
Employees
+16.7%vs 2022+2Biggest increase
Cash in Bank+127%
£442.48K in 2022 to £1.00M in 2024
Every indicator Okredo holds for HIFI FILTER UK LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HIFI FILTER UK 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
- 23.51%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
- 72.84%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
- 56.92%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
- 41.46%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 HIFI FILTER UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -3.15K | 350.16K | 364.45K | 568.48K |
| Total Assets£ | 779.32K | 1.55M | 1.79M | 2.42M |
| Cash in Bank£ | 236.63K | 442.48K | 720.87K | 1.00M |
| Total Liabilities£ | 782.47K | 1.12M | 1.35M | 1.76M |
| Employees | 9 | 12 | 13 | 14 |
HIFI FILTER UK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HIFI FILTER UK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HIFI FILTER UK LTD reported net assets of £568.48K for 2024. That compares with £364.45K in 2023, a change of 55.98%.
HIFI FILTER UK LTD reported total assets of £2.42M for 2024. That compares with £1.79M in 2023, a change of 35.27%.
HIFI FILTER UK LTD reported cash in bank of £1.00M for 2024. That compares with £720.87K in 2023, a change of 39.06%.
HIFI FILTER UK LTD reported 14 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, HIFI FILTER UK LTD's net assets rose by 62.3%, cash in bank rose by 127%, total assets rose by 56.4% and total liabilities rose by 57.6%. Net assets compounded at 27.4% a year across the two years to 2024, from £350.16K to £568.48K. Reported headcount went from 12 in 2022 to 14 in 2024 (+2).
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.