KENNETH SMITH LIMITED Financials
- Company number
- SC027131CopyCopy
- Registered office
- Berryhill House, Peterhead AB42 3JY
- Incorporated
- 23/12/1959
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
9.23%vs 20232023: £410.73K
Total Assets
-5.44%vs 20232023: £527.97K
Total Liabilities
-56.84%vs 20232023: £117.24K
Employees
-1vs 20232023: 3
In 2024, KENNETH SMITH LIMITED reported net assets of £448.66K. The same filing shows total assets of £499.27K and total liabilities of £50.60K. Reported headcount was 2 in 2024. Total Liabilities fell from £117.24K in 2023 to £50.60K in 2024 (-56.84%). 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
9.23%from £410.73K 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 KENNETH SMITH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-29.5%vs 2022-16% a year compound (CAGR)
Total Assets
-27.3%vs 2022-14.7% a year compound (CAGR)
Total Liabilities
+0.6%vs 2022+0.3% a year compound (CAGR)
Employees
-33.3%vs 2022-1Biggest increase
Total Liabilities+0.6%
£50.31K in 2022 to £50.60K in 2024
Biggest decrease
Employees-33.3%
3 in 2022 to 2 in 2024
KENNETH SMITH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from KENNETH SMITH 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
- 89.86%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
- 10.14%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for KENNETH SMITH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 589.27K | 636.09K | 410.73K | 448.66K |
| Total Assets£ | 643.82K | 686.40K | 527.97K | 499.27K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 54.55K | 50.31K | 117.24K | 50.60K |
| Employees | 3 | 3 | 3 | 2 |
KENNETH SMITH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for KENNETH SMITH LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
KENNETH SMITH LIMITED reported net assets of £448.66K for 2024. That compares with £410.73K in 2023, a change of 9.23%.
KENNETH SMITH LIMITED reported total assets of £499.27K for 2024. That compares with £527.97K in 2023, a change of -5.44%.
KENNETH SMITH LIMITED reported total liabilities of £50.60K for 2024. That compares with £117.24K in 2023, a change of -56.84%.
KENNETH SMITH LIMITED reported 2 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, KENNETH SMITH LIMITED's net assets fell by 29.5%, total assets fell by 27.3%, total liabilities rose by 0.6% and employee numbers fell by 33.3%. Net assets contracted at 16% a year across the two years to 2024, from £636.09K to £448.66K. Reported headcount went from 3 in 2022 to 2 in 2024 (-1).
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.