Active

NORFOLK RACING F4 LTD Financials

Company number
13735396Copy
Copy
Registered office
Virtuosi House, Unit 1 Focus Business Park, Old Buckenham, Attleborough NR17 1GY
Incorporated
10/11/2021

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£243.10K2024
59.67%vs 2023

2023: £152.25K

Total Assets

£421.75K2024
3.95%vs 2023

2023: £405.71K

Cash in Bank

£234.90K2024
839.56%vs 2023

2023: £25.00K

Total Liabilities

£178.65K2024
-29.52%vs 2023

2023: £253.46K

Employees

52024
0vs 2023

2023: 5

In 2024, NORFOLK RACING F4 LTD reported net assets of £243.10K. The same filing shows total assets of £421.75K, cash in bank of £234.90K and total liabilities of £178.65K. Reported headcount was 5 in 2024. Cash in Bank rose from £25.00K in 2023 to £234.90K in 2024 (839.56%). Okredo holds filed figures for 2022–2024; 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

£243.10K2024
59.67%from £152.25K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures NORFOLK RACING F4 LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£199.94K2022£243.10K2024
+21.6%vs 2022

+10.3% a year compound (CAGR)

Cash in Bank

£265.80K2022£234.90K2024
-11.6%vs 2022

-6% a year compound (CAGR)

Total Assets

£575.43K2022£421.75K2024
-26.7%vs 2022

-14.4% a year compound (CAGR)

Total Liabilities

£375.49K2022£178.65K2024
-52.4%vs 2022

-31% a year compound (CAGR)

Employees

3202252024
+66.7%vs 2022+2

Biggest increase

Employees+66.7%

3 in 2022 to 5 in 2024

Biggest decrease

Total Liabilities-52.4%

£375.49K in 2022 to £178.65K in 2024

NORFOLK RACING F4 LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NORFOLK RACING F4 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
57.64%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
42.36%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.
Cash to liabilities
131.49%2024
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
55.70%2024
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 NORFOLK RACING F4 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£199.94K152.25K243.10K
Total Assets£575.43K405.71K421.75K
Cash in Bank£265.80K25.00K234.90K
Total Liabilities£375.49K253.46K178.65K
Employees355

NORFOLK RACING F4 LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NORFOLK RACING F4 LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

NORFOLK RACING F4 LTD reported net assets of £243.10K for 2024. That compares with £152.25K in 2023, a change of 59.67%.

NORFOLK RACING F4 LTD reported total assets of £421.75K for 2024. That compares with £405.71K in 2023, a change of 3.95%.

NORFOLK RACING F4 LTD reported cash in bank of £234.90K for 2024. That compares with £25.00K in 2023, a change of 839.56%.

NORFOLK RACING F4 LTD reported 5 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, NORFOLK RACING F4 LTD's net assets rose by 21.6%, cash in bank fell by 11.6%, total assets fell by 26.7% and total liabilities fell by 52.4%. Net assets compounded at 10.3% a year across the two years to 2024, from £199.94K to £243.10K. Reported headcount went from 3 in 2022 to 5 in 2024 (+2).

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