LIPSCOMB CARS LIMITED Financials
- Company number
- 03165756CopyCopy
- Registered office
- 2nd Floor Medway Bridge House, 1-8 Fairmeadow, Maidstone, Kent ME14 1JP
- Incorporated
- 28/02/1996
Company snapshot
- Status
- Active
- Employees
- 113 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
0.53%vs 20222022: £4.20M
Total Assets
-5.56%vs 20222022: £13.13M
Cash in Bank
50.43%vs 20222022: £297.84K
Total Liabilities
-8.42%vs 20222022: £8.92M
Employees
+4vs 20222022: 109
In 2023, LIPSCOMB CARS LIMITED reported net assets of £4.22M. The same filing shows total assets of £12.40M, cash in bank of £448.05K and total liabilities of £8.17M. Reported headcount was 113 in 2023. Total Liabilities fell from £8.92M in 2022 to £8.17M in 2023 (-8.42%). 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
0.53%from £4.20M 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 LIPSCOMB CARS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-3.2%vs 2021-1.6% a year compound (CAGR)
Cash in Bank
+29770%vs 2021+1628% a year compound (CAGR)
Total Assets
-12.9%vs 2021-6.7% a year compound (CAGR)
Total Liabilities
-17.2%vs 2021-9% a year compound (CAGR)
Employees
+1.8%vs 2021+2Biggest increase
Cash in Bank+29770%
£1.50K in 2021 to £448.05K in 2023
Biggest decrease
Total Liabilities-17.2%
£9.87M in 2021 to £8.17M in 2023
LIPSCOMB CARS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LIPSCOMB CARS 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
- 34.08%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.
- Liabilities to total assets
- 65.92%2023
- 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
- 5.48%2023
- 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
- 3.61%2023
- 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 LIPSCOMB CARS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 4.36M | 4.20M | 4.22M |
| Total Assets£ | 14.23M | 13.13M | 12.40M |
| Cash in Bank£ | 1.50K | 297.84K | 448.05K |
| Total Liabilities£ | 9.87M | 8.92M | 8.17M |
| Employees | 111 | 109 | 113 |
LIPSCOMB CARS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LIPSCOMB CARS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LIPSCOMB CARS LIMITED reported net assets of £4.22M for 2023. That compares with £4.20M in 2022, a change of 0.53%.
LIPSCOMB CARS LIMITED reported total assets of £12.40M for 2023. That compares with £13.13M in 2022, a change of -5.56%.
LIPSCOMB CARS LIMITED reported cash in bank of £448.05K for 2023. That compares with £297.84K in 2022, a change of 50.43%.
LIPSCOMB CARS LIMITED reported 113 employees in 2023, compared with 109 in 2022.
Between 2021 and 2023, LIPSCOMB CARS LIMITED's net assets fell by 3.2%, cash in bank rose by 29770%, total assets fell by 12.9% and total liabilities fell by 17.2%. Net assets contracted at 1.6% a year across the two years to 2023, from £4.36M to £4.22M. Reported headcount went from 111 in 2021 to 113 in 2023 (+2).
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.