KERNICK METAL FINISHERS LIMITED Financials
- Company number
- 04593576CopyCopy
- Registered office
- Hodgsons Accountancy 48 Arwenack Street, Falmouth, Cornwall TR11 3JH
- Incorporated
- 18/11/2002
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
-6.89%vs 20232023: £144.95K
Total Assets
-9.01%vs 20232023: £201.78K
Total Liabilities
-14.42%vs 20232023: £56.83K
Employees
-1vs 20232023: 3
In 2024, KERNICK METAL FINISHERS LIMITED reported net assets of £134.96K. The same filing shows total assets of £183.59K and total liabilities of £48.63K. Reported headcount was 2 in 2024. Total Assets fell from £201.78K in 2023 to £183.59K in 2024 (-9.01%). 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
-6.89%from £144.95K 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 KERNICK METAL FINISHERS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+7.2%vs 2022+3.5% a year compound (CAGR)
Total Assets
-22.5%vs 2022-11.9% a year compound (CAGR)
Total Liabilities
-56.1%vs 2022-33.8% a year compound (CAGR)
Employees
-33.3%vs 2022-1Biggest increase
Net Assets+7.2%
£125.94K in 2022 to £134.96K in 2024
Biggest decrease
Total Liabilities-56.1%
£110.85K in 2022 to £48.63K in 2024
KERNICK METAL FINISHERS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 KERNICK METAL FINISHERS 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
- 73.51%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
- 26.49%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 KERNICK METAL FINISHERS 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£ | 97.16K | 125.94K | 144.95K | 134.96K |
| Total Assets£ | 169.05K | 236.78K | 201.78K | 183.59K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 71.89K | 110.85K | 56.83K | 48.63K |
| Employees | 4 | 3 | 3 | 2 |
KERNICK METAL FINISHERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for KERNICK METAL FINISHERS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
KERNICK METAL FINISHERS LIMITED reported net assets of £134.96K for 2024. That compares with £144.95K in 2023, a change of -6.89%.
KERNICK METAL FINISHERS LIMITED reported total assets of £183.59K for 2024. That compares with £201.78K in 2023, a change of -9.01%.
KERNICK METAL FINISHERS LIMITED reported total liabilities of £48.63K for 2024. That compares with £56.83K in 2023, a change of -14.42%.
KERNICK METAL FINISHERS LIMITED reported 2 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, KERNICK METAL FINISHERS LIMITED's net assets rose by 7.2%, total assets fell by 22.5%, total liabilities fell by 56.1% and employee numbers fell by 33.3%. Net assets compounded at 3.5% a year across the two years to 2024, from £125.94K to £134.96K. 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.