JERROMS BUSINESS SOLUTIONS LIMITED Financials
- Company number
- 08923059Copy
Copy - Registered office
- Lumaneri House Blythe Gate, Shirley, Solihull B90 8AH
- Incorporated
- 05/03/2014
Company snapshot
- Status
- Active
- Employees
- 88 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-47.60%vs 20222022: £1.42M
Total Assets
7.83%vs 20222022: £5.43M
Cash in Bank
175.57%vs 20222022: £262.00
Total Liabilities
40.60%vs 20222022: £3.03M
Employees
-6vs 20222022: 94
In 2023, JERROMS BUSINESS SOLUTIONS LIMITED reported net assets of £743.84K. The same filing shows total assets of £5.85M, cash in bank of £722.00 and total liabilities of £4.27M. Reported headcount was 88 in 2023. Total Liabilities rose from £3.03M in 2022 to £4.27M in 2023 (40.60%). 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
-47.60%from £1.42M 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 JERROMS BUSINESS SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-21.3%vs 2021-11.3% a year compound (CAGR)
Cash in Bank
+575%vs 2021+160% a year compound (CAGR)
Total Assets
+2.4%vs 2021+1.2% a year compound (CAGR)
Total Liabilities
+17.3%vs 2021+8.3% a year compound (CAGR)
Employees
+2.3%vs 2021+2Biggest increase
Cash in Bank+575%
£107.00 in 2021 to £722.00 in 2023
Biggest decrease
Net Assets-21.3%
£944.84K in 2021 to £743.84K in 2023
JERROMS BUSINESS SOLUTIONS 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 JERROMS BUSINESS SOLUTIONS 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
- 12.70%2023
- Liabilities to total assets
- 72.88%2023
- Cash to liabilities
- 0.02%2023
- Cash to total assets
- 0.01%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 JERROMS BUSINESS SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 944.84K | 1.42M | 743.84K |
| Total Assets£ | 5.72M | 5.43M | 5.85M |
| Cash in Bank£ | 107.00 | 262.00 | 722.00 |
| Total Liabilities£ | 3.64M | 3.03M | 4.27M |
| Employees | 86 | 94 | 88 |
JERROMS BUSINESS SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has JERROMS BUSINESS SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for JERROMS BUSINESS SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did JERROMS BUSINESS SOLUTIONS LIMITED report in 2023?
JERROMS BUSINESS SOLUTIONS LIMITED reported net assets of £743.84K for 2023. That compares with £1.42M in 2022, a change of -47.60%.
What total assets did JERROMS BUSINESS SOLUTIONS LIMITED report in 2023?
JERROMS BUSINESS SOLUTIONS LIMITED reported total assets of £5.85M for 2023. That compares with £5.43M in 2022, a change of 7.83%.
What cash in bank did JERROMS BUSINESS SOLUTIONS LIMITED report in 2023?
JERROMS BUSINESS SOLUTIONS LIMITED reported cash in bank of £722.00 for 2023. That compares with £262.00 in 2022, a change of 175.57%.
How many people does JERROMS BUSINESS SOLUTIONS LIMITED employ?
JERROMS BUSINESS SOLUTIONS LIMITED reported 88 employees in 2023, compared with 94 in 2022.
How have JERROMS BUSINESS SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, JERROMS BUSINESS SOLUTIONS LIMITED's net assets fell by 21.3%, cash in bank rose by 575%, total assets rose by 2.4% and total liabilities rose by 17.3%. Net assets contracted at 11.3% a year across the two years to 2023, from £944.84K to £743.84K. Reported headcount went from 86 in 2021 to 88 in 2023 (+2).
Which years of JERROMS BUSINESS SOLUTIONS LIMITED 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.