MY SOFA COVERS LTD Financials
- Company number
- 09014277CopyCopy
- Registered office
- Units 1&2 Howe Pit Norwich Road, Brooke, Norwich NR15 1HJ
- Incorporated
- 28/04/2014
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
-5.28%vs 20242024: £234.02K
Total Assets
-3.37%vs 20242024: £489.56K
Cash in Bank
-84.87%vs 20222022: £294.89K
Total Liabilities
-1.62%vs 20242024: £255.54K
Employees
0vs 20242024: 9
In 2025, MY SOFA COVERS LTD reported net assets of £221.68K. The same filing shows total assets of £473.07K, cash in bank of £44.62K and total liabilities of £251.39K. Reported headcount was 9 in 2025. Cash in Bank fell from £294.89K in 2022 to £44.62K in 2023 (-84.87%). 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
-5.28%from £234.02K in 2024Year-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 MY SOFA COVERS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-2.3%vs 2023-1.2% a year compound (CAGR)
Total Assets
-54%vs 2023-32.2% a year compound (CAGR)
Total Liabilities
-23.8%vs 2023-12.7% a year compound (CAGR)
Employees
-10%vs 2023-1Biggest decrease
Total Assets-54%
£1.03M in 2023 to £473.07K in 2025
Every indicator Okredo holds for MY SOFA COVERS LTD fell between 2023 and 2025. The steepest fall came in total assets, pointing to a narrowing asset base, with net assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MY SOFA COVERS LTD'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
- 46.86%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
- 53.14%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.
- Cash to liabilities
- 13.52%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
- 4.34%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 MY SOFA COVERS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 87.36K | 155.19K | 226.94K | 234.02K | 221.68K |
| Total Assets£ | 327.15K | 419.49K | 1.03M | 489.56K | 473.07K |
| Cash in Bank£ | – | 294.89K | 44.62K | – | – |
| Total Liabilities£ | 239.79K | 231.93K | 330.07K | 255.54K | 251.39K |
| Employees | 8 | 9 | 10 | 9 | 9 |
MY SOFA COVERS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MY SOFA COVERS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MY SOFA COVERS LTD reported net assets of £221.68K for 2025. That compares with £234.02K in 2024, a change of -5.28%.
MY SOFA COVERS LTD reported total assets of £473.07K for 2025. That compares with £489.56K in 2024, a change of -3.37%.
MY SOFA COVERS LTD reported cash in bank of £44.62K for 2023. That compares with £294.89K in 2022, a change of -84.87%.
MY SOFA COVERS LTD reported 9 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, MY SOFA COVERS LTD's net assets fell by 2.3%, total assets fell by 54%, total liabilities fell by 23.8% and employee numbers fell by 10%. Net assets contracted at 1.2% a year across the two years to 2025, from £226.94K to £221.68K. Reported headcount went from 10 in 2023 to 9 in 2025 (-1).
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.