LOWER HERNE DEVELOPMENTS LIMITED Financials
- Company number
- 11071462CopyCopy
- Registered office
- 2nd Floor, Maritime Place Quayside, Chatham Maritime, Chatham, Kent ME4 4QZ
- Incorporated
- 20/11/2017
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
59.01%vs 20222022: £2.26M
Total Assets
-7.39%vs 20222022: £12.13M
Cash in Bank
-1.87%vs 20222022: £1.75M
Total Liabilities
-22.59%vs 20222022: £9.87M
Employees
0vs 20222022: 4
In 2023, LOWER HERNE DEVELOPMENTS LIMITED reported net assets of £3.59M. The same filing shows total assets of £11.23M, cash in bank of £1.72M and total liabilities of £7.64M. Reported headcount was 4 in 2023. Total Liabilities fell from £9.87M in 2022 to £7.64M in 2023 (-22.59%). 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
59.01%from £2.26M 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 LOWER HERNE DEVELOPMENTS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+48.8%vs 2021+22% a year compound (CAGR)
Cash in Bank
+10435%vs 2021+926% a year compound (CAGR)
Total Assets
-15.3%vs 2021-8% a year compound (CAGR)
Total Liabilities
-29.6%vs 2021-16.1% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+10435%
£16.30K in 2021 to £1.72M in 2023
Biggest decrease
Total Liabilities-29.6%
£10.85M in 2021 to £7.64M in 2023
LOWER HERNE DEVELOPMENTS 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 LOWER HERNE DEVELOPMENTS 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
- 31.99%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
- 68.01%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
- 22.48%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
- 15.29%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 LOWER HERNE DEVELOPMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.42M | 2.26M | 3.59M |
| Total Assets£ | 13.26M | 12.13M | 11.23M |
| Cash in Bank£ | 16.30K | 1.75M | 1.72M |
| Total Liabilities£ | 10.85M | 9.87M | 7.64M |
| Employees | 4 | 4 | 4 |
LOWER HERNE DEVELOPMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LOWER HERNE DEVELOPMENTS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LOWER HERNE DEVELOPMENTS LIMITED reported net assets of £3.59M for 2023. That compares with £2.26M in 2022, a change of 59.01%.
LOWER HERNE DEVELOPMENTS LIMITED reported total assets of £11.23M for 2023. That compares with £12.13M in 2022, a change of -7.39%.
LOWER HERNE DEVELOPMENTS LIMITED reported cash in bank of £1.72M for 2023. That compares with £1.75M in 2022, a change of -1.87%.
LOWER HERNE DEVELOPMENTS LIMITED reported 4 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, LOWER HERNE DEVELOPMENTS LIMITED's net assets rose by 48.8%, cash in bank rose by 10435%, total assets fell by 15.3% and total liabilities fell by 29.6%. Net assets compounded at 22% a year across the two years to 2023, from £2.42M to £3.59M. Reported headcount went from 4 in 2021 to 4 in 2023.
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.