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LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED Financials

Company number
10474783Copy
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Registered office
The Glades Festival Way, Festival Park, Stoke On Trent, Staffordshire ST1 5SQ
Incorporated
11/11/2016

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Audit Exemption Subsidiary

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£163.002023
-98.47%vs 2022

2022: £10.66K

Total Assets

£9.58K2023
-83.32%vs 2022

2022: £57.45K

Cash in Bank

£191.002023
-98.94%vs 2022

2022: £17.94K

Total Liabilities

£9.42K2023
-79.87%vs 2022

2022: £46.79K

Employees

32023
0vs 2022

2022: 3

In 2023, LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED reported net assets of £163.00. The same filing shows total assets of £9.58K, cash in bank of £191.00 and total liabilities of £9.42K. Reported headcount was 3 in 2023. Total Assets fell from £57.45K in 2022 to £9.58K in 2023 (-83.32%). 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

£163.002023
-98.47%from £10.66K in 2022

Year-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 LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£10.26K2021£163.002023
-98.4%vs 2021

-87.4% a year compound (CAGR)

Cash in Bank

£3.28K2021£191.002023
-94.2%vs 2021

-75.9% a year compound (CAGR)

Total Assets

£61.24K2021£9.58K2023
-84.4%vs 2021

-60.4% a year compound (CAGR)

Total Liabilities

£50.98K2021£9.42K2023
-81.5%vs 2021

-57% a year compound (CAGR)

Employees

3202132023
0%vs 2021

Biggest decrease

Net Assets-98.4%

£10.26K in 2021 to £163.00 in 2023

Every measure that changed in LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LYON GRIFFITHS (AUDIT AND ACCOUNTING) 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
1.70%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
98.30%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
2.03%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
1.99%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 LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£10.26K10.66K163.00
Total Assets£61.24K57.45K9.58K
Cash in Bank£3.28K17.94K191.00
Total Liabilities£50.98K46.79K9.42K
Employees333

LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED filed financial statements?

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Yes. Okredo holds filed figures for LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

What net assets did LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED report in 2023?

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LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED reported net assets of £163.00 for 2023. That compares with £10.66K in 2022, a change of -98.47%.

What total assets did LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED report in 2023?

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LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED reported total assets of £9.58K for 2023. That compares with £57.45K in 2022, a change of -83.32%.

What cash in bank did LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED report in 2023?

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LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED reported cash in bank of £191.00 for 2023. That compares with £17.94K in 2022, a change of -98.94%.

How many people does LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED employ?

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LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED reported 3 employees in 2023, compared with 3 in 2022.

How have LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED's net assets fell by 98.4%, cash in bank fell by 94.2%, total assets fell by 84.4% and total liabilities fell by 81.5%. Net assets contracted at 87.4% a year across the two years to 2023, from £10.26K to £163.00. Reported headcount went from 3 in 2021 to 3 in 2023.

Which years of LYON GRIFFITHS (AUDIT AND ACCOUNTING) LIMITED financial data are available?

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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.