HOCKMEYER MOTORS LIMITED Financials
- Company number
- 00466190CopyCopy
- Registered office
- Long Acres Industrial Estate Long Acres Industrial Estate, Rosehill, Willenhall, West Midlands WV13 2JP
- Incorporated
- 24/03/1949
Company snapshot
- Status
- Active
- Employees
- 50 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-99.62%vs 20222022: £1.07M
Total Assets
2.72%vs 20212021: £3.45M
Cash in Bank
97.65%vs 20222022: £366.22K
Total Liabilities
5.75%vs 20212021: £1.10M
Employees
-3vs 20222022: 53
In 2023, HOCKMEYER MOTORS LIMITED reported net assets of £4.05K. The same filing shows total assets of £3.54M, cash in bank of £723.82K and total liabilities of £1.17M. Reported headcount was 50 in 2023. Net Assets fell from £1.07M in 2022 to £4.05K in 2023 (-99.62%). 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
-99.62%from £1.07M 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 HOCKMEYER MOTORS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-99.6%vs 2021-93.7% a year compound (CAGR)
Cash in Bank
+170%vs 2021+64.4% a year compound (CAGR)
Employees
+11.1%vs 2021+5Biggest increase
Cash in Bank+170%
£267.83K in 2021 to £723.82K in 2023
Biggest decrease
Net Assets-99.6%
£1.01M in 2021 to £4.05K in 2023
HOCKMEYER MOTORS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HOCKMEYER MOTORS 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
- 30.21%2022
- 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
- 32.99%2022
- 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
- 31.35%2022
- 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
- 10.34%2022
- 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 HOCKMEYER MOTORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.01M | 1.07M | 4.05K |
| Total Assets£ | 3.45M | 3.54M | – |
| Cash in Bank£ | 267.83K | 366.22K | 723.82K |
| Total Liabilities£ | 1.10M | 1.17M | – |
| Employees | 45 | 53 | 50 |
HOCKMEYER MOTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HOCKMEYER MOTORS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
HOCKMEYER MOTORS LIMITED reported net assets of £4.05K for 2023. That compares with £1.07M in 2022, a change of -99.62%.
HOCKMEYER MOTORS LIMITED reported total assets of £3.54M for 2022. That compares with £3.45M in 2021, a change of 2.72%.
HOCKMEYER MOTORS LIMITED reported cash in bank of £723.82K for 2023. That compares with £366.22K in 2022, a change of 97.65%.
HOCKMEYER MOTORS LIMITED reported 50 employees in 2023, compared with 53 in 2022.
Between 2021 and 2023, HOCKMEYER MOTORS LIMITED's net assets fell by 99.6%, cash in bank rose by 170% and employee numbers rose by 11.1%. Net assets contracted at 93.7% a year across the two years to 2023, from £1.01M to £4.05K. Reported headcount went from 45 in 2021 to 50 in 2023 (+5).
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.