K 1 FURNISHINGS LTD Financials
- Company number
- 05871945CopyCopy
- Industry
- Agents involved in the sale of furniture household goods hardware and ironmongery (46.15 - SIC 2007)
- Registered office
- 61 Millmarsh Lane, Enfield EN3 7UY
- Incorporated
- 11/07/2006
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
41.27%vs 20232023: £49.20K
Total Assets
-7.09%vs 20232023: £582.84K
Cash in Bank
6.07%vs 20232023: £32.45K
Total Liabilities
-11.54%vs 20232023: £533.65K
Employees
0vs 20232023: 7
In 2024, K 1 FURNISHINGS LTD reported net assets of £69.50K. The same filing shows total assets of £541.55K, cash in bank of £34.42K and total liabilities of £472.05K. Reported headcount was 7 in 2024. Total Liabilities fell from £533.65K in 2023 to £472.05K in 2024 (-11.54%). 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
41.27%from £49.20K 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 K 1 FURNISHINGS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+43.8%vs 2022+19.9% a year compound (CAGR)
Cash in Bank
+346%vs 2022+111% a year compound (CAGR)
Total Assets
-6.9%vs 2022-3.5% a year compound (CAGR)
Total Liabilities
-11.5%vs 2022-5.9% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+346%
£7.72K in 2022 to £34.42K in 2024
Biggest decrease
Total Liabilities-11.5%
£533.40K in 2022 to £472.05K in 2024
K 1 FURNISHINGS LTD's filings pull in both directions between 2022 and 2024. 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 K 1 FURNISHINGS 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
- 12.83%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
- 87.17%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
- 7.29%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
- 6.36%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 K 1 FURNISHINGS 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£ | 48.62K | 48.34K | 49.20K | 69.50K |
| Total Assets£ | 568.85K | 581.74K | 582.84K | 541.55K |
| Cash in Bank£ | 20.73K | 7.72K | 32.45K | 34.42K |
| Total Liabilities£ | 520.23K | 533.40K | 533.65K | 472.05K |
| Employees | 7 | 7 | 7 | 7 |
K 1 FURNISHINGS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for K 1 FURNISHINGS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
K 1 FURNISHINGS LTD reported net assets of £69.50K for 2024. That compares with £49.20K in 2023, a change of 41.27%.
K 1 FURNISHINGS LTD reported total assets of £541.55K for 2024. That compares with £582.84K in 2023, a change of -7.09%.
K 1 FURNISHINGS LTD reported cash in bank of £34.42K for 2024. That compares with £32.45K in 2023, a change of 6.07%.
K 1 FURNISHINGS LTD reported 7 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, K 1 FURNISHINGS LTD's net assets rose by 43.8%, cash in bank rose by 346%, total assets fell by 6.9% and total liabilities fell by 11.5%. Net assets compounded at 19.9% a year across the two years to 2024, from £48.34K to £69.50K. Reported headcount went from 7 in 2022 to 7 in 2024.
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.