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LOWFIELD GARAGE LIMITED Financials

Company number
SC301759Copy
Copy
Registered office
Clyde Offices 2nd Floor, 48 West George Street, Glasgow G2 1BP
Incorporated
04/05/2006

Company snapshot

Status
Active
Employees
9 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£42.42K2025
-53.29%vs 2024

2024: £90.82K

Total Assets

£184.51K2025
-5.13%vs 2024

2024: £194.50K

Total Liabilities

£142.09K2025
37.04%vs 2024

2024: £103.68K

Employees

92025
-1vs 2024

2024: 10

In 2025, LOWFIELD GARAGE LIMITED reported net assets of £42.42K. The same filing shows total assets of £184.51K and total liabilities of £142.09K. Reported headcount was 9 in 2025. Net Assets fell from £90.82K in 2024 to £42.42K in 2025 (-53.29%). Okredo holds filed figures for 2021–2025; 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

£42.42K2025
-53.29%from £90.82K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures LOWFIELD GARAGE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£127.66K2023£42.42K2025
-66.8%vs 2023

-42.4% a year compound (CAGR)

Total Assets

£226.76K2023£184.51K2025
-18.6%vs 2023

-9.8% a year compound (CAGR)

Total Liabilities

£99.10K2023£142.09K2025
+43.4%vs 2023

+19.7% a year compound (CAGR)

Employees

9202392025
0%vs 2023

Biggest increase

Total Liabilities+43.4%

£99.10K in 2023 to £142.09K in 2025

Biggest decrease

Net Assets-66.8%

£127.66K in 2023 to £42.42K in 2025

LOWFIELD GARAGE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LOWFIELD GARAGE 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
22.99%2025
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
77.01%2025
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 LOWFIELD GARAGE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£134.19K147.38K127.66K90.82K42.42K
Total Assets£243.18K257.77K226.76K194.50K184.51K
Cash in Bank£–––––
Total Liabilities£109.00K110.39K99.10K103.68K142.09K
Employees999109

LOWFIELD GARAGE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for LOWFIELD GARAGE LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

LOWFIELD GARAGE LIMITED reported net assets of £42.42K for 2025. That compares with £90.82K in 2024, a change of -53.29%.

LOWFIELD GARAGE LIMITED reported total assets of £184.51K for 2025. That compares with £194.50K in 2024, a change of -5.13%.

LOWFIELD GARAGE LIMITED reported total liabilities of £142.09K for 2025. That compares with £103.68K in 2024, a change of 37.04%.

LOWFIELD GARAGE LIMITED reported 9 employees in 2025, compared with 10 in 2024.

Between 2023 and 2025, LOWFIELD GARAGE LIMITED's net assets fell by 66.8%, total assets fell by 18.6%, total liabilities rose by 43.4% and employee numbers was unchanged. Net assets contracted at 42.4% a year across the two years to 2025, from £127.66K to £42.42K. Reported headcount went from 9 in 2023 to 9 in 2025.

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.