NECESSARY FURNITURE Financials
- Company number
- 03886547CopyCopy
- Registered office
- 22-26 Bank Street, Herne Bay CT6 5EA
- Incorporated
- 30/11/1999
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-11.79%vs 20242024: £206.24K
Total Assets
-10.27%vs 20242024: £252.82K
Cash in Bank
-6.90%vs 20242024: £215.68K
Total Liabilities
-3.54%vs 20242024: £46.58K
Employees
+1vs 20242024: 9
In 2025, NECESSARY FURNITURE reported net assets of £181.93K. The same filing shows total assets of £226.86K, cash in bank of £200.80K and total liabilities of £44.93K. Reported headcount was 10 in 2025. Total Assets fell from £252.82K in 2024 to £226.86K in 2025 (-10.27%). 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
-11.79%from £206.24K 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 NECESSARY FURNITURE filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+0.6%vs 2023+0.3% a year compound (CAGR)
Cash in Bank
+23.1%vs 2023+10.9% a year compound (CAGR)
Total Assets
+3.5%vs 2023+1.7% a year compound (CAGR)
Total Liabilities
+17.1%vs 2023+8.2% a year compound (CAGR)
Employees
+11.1%vs 2023+1Biggest increase
Cash in Bank+23.1%
£163.18K in 2023 to £200.80K in 2025
Every indicator Okredo holds for NECESSARY FURNITURE rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NECESSARY FURNITURE'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
- 80.19%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
- 19.81%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
- 446.90%2025
- 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
- 88.51%2025
- 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 NECESSARY FURNITURE 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£ | 139.20K | 169.64K | 180.86K | 206.24K | 181.93K |
| Total Assets£ | 203.67K | 210.19K | 219.23K | 252.82K | 226.86K |
| Cash in Bank£ | 171.24K | 184.91K | 163.18K | 215.68K | 200.80K |
| Total Liabilities£ | 64.47K | 40.55K | 38.37K | 46.58K | 44.93K |
| Employees | 10 | 8 | 9 | 9 | 10 |
NECESSARY FURNITURE financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NECESSARY FURNITURE covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NECESSARY FURNITURE reported net assets of £181.93K for 2025. That compares with £206.24K in 2024, a change of -11.79%.
NECESSARY FURNITURE reported total assets of £226.86K for 2025. That compares with £252.82K in 2024, a change of -10.27%.
NECESSARY FURNITURE reported cash in bank of £200.80K for 2025. That compares with £215.68K in 2024, a change of -6.90%.
NECESSARY FURNITURE reported 10 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, NECESSARY FURNITURE's net assets rose by 0.6%, cash in bank rose by 23.1%, total assets rose by 3.5% and total liabilities rose by 17.1%. Net assets compounded at 0.3% a year across the two years to 2025, from £180.86K to £181.93K. Reported headcount went from 9 in 2023 to 10 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.