NICHOLSMITH LTD Financials
- Company number
- 13090109CopyCopy
- Registered office
- 8 Towers Close, Bedlington NE22 5ER
- Incorporated
- 18/12/2020
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-57.24%vs 20232023: £8.33K
Total Assets
-23.47%vs 20232023: £44.09K
Total Liabilities
-15.61%vs 20232023: £35.76K
Employees
0vs 20232023: 4
In 2024, NICHOLSMITH LTD reported net assets of £3.56K. The same filing shows total assets of £33.74K and total liabilities of £30.18K. Reported headcount was 4 in 2024. Total Assets fell from £44.09K in 2023 to £33.74K in 2024 (-23.47%). Okredo holds filed figures for 2021–2024; 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
-57.24%from £8.33K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NICHOLSMITH LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-89.9%vs 2022-68.3% a year compound (CAGR)
Total Assets
-56.9%vs 2022-34.4% a year compound (CAGR)
Total Liabilities
-29.8%vs 2022-16.2% a year compound (CAGR)
Biggest decrease
Net Assets-89.9%
£35.39K in 2022 to £3.56K in 2024
Every indicator Okredo holds for NICHOLSMITH LTD fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NICHOLSMITH 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
- 10.55%2024
- 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
- 89.45%2024
- 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 NICHOLSMITH LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 12.40K | 35.39K | 8.33K | 3.56K |
| Total Assets£ | 27.53K | 78.36K | 44.09K | 33.74K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 15.14K | 42.97K | 35.76K | 30.18K |
| Employees | 4 | – | 4 | 4 |
NICHOLSMITH LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NICHOLSMITH LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
NICHOLSMITH LTD reported net assets of £3.56K for 2024. That compares with £8.33K in 2023, a change of -57.24%.
NICHOLSMITH LTD reported total assets of £33.74K for 2024. That compares with £44.09K in 2023, a change of -23.47%.
NICHOLSMITH LTD reported total liabilities of £30.18K for 2024. That compares with £35.76K in 2023, a change of -15.61%.
NICHOLSMITH LTD reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, NICHOLSMITH LTD's net assets fell by 89.9%, total assets fell by 56.9% and total liabilities fell by 29.8%. Net assets contracted at 68.3% a year across the two years to 2024, from £35.39K to £3.56K. No reported indicator fell further than net assets over the period.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.