NORFOLK RACING LTD Financials
- Company number
- 07894100CopyCopy
- Registered office
- Virtuosi House Unit 1 Focus Business Park, Bunns Bank, Old Buckenham, Attleborough, Norfolk NR17 1GY
- Incorporated
- 30/12/2011
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-0.15%vs 20222022: £4.01M
Total Assets
-0.77%vs 20222022: £4.89M
Cash in Bank
-93.60%vs 20222022: £2.26M
Total Liabilities
-3.60%vs 20222022: £887.79K
Employees
-15vs 20222022: 18
In 2023, NORFOLK RACING LTD reported net assets of £4.00M. The same filing shows total assets of £4.85M, cash in bank of £144.34K and total liabilities of £855.87K. Reported headcount was 3 in 2023. Cash in Bank fell from £2.26M in 2022 to £144.34K in 2023 (-93.60%). 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
-0.15%from £4.01M in 2022Year-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 NORFOLK RACING LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+19.3%vs 2021+9.2% a year compound (CAGR)
Cash in Bank
-45.8%vs 2021-26.4% a year compound (CAGR)
Total Assets
+28.7%vs 2021+13.5% a year compound (CAGR)
Total Liabilities
+104%vs 2021+42.9% a year compound (CAGR)
Employees
-81.3%vs 2021-13Biggest increase
Total Liabilities+104%
£418.99K in 2021 to £855.87K in 2023
Biggest decrease
Employees-81.3%
16 in 2021 to 3 in 2023
NORFOLK RACING LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NORFOLK RACING 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
- 82.37%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
- 17.63%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
- 16.86%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
- 2.97%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 NORFOLK RACING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 3.35M | 4.01M | 4.00M |
| Total Assets£ | 3.77M | 4.89M | 4.85M |
| Cash in Bank£ | 266.37K | 2.26M | 144.34K |
| Total Liabilities£ | 418.99K | 887.79K | 855.87K |
| Employees | 16 | 18 | 3 |
NORFOLK RACING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NORFOLK RACING LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
NORFOLK RACING LTD reported net assets of £4.00M for 2023. That compares with £4.01M in 2022, a change of -0.15%.
NORFOLK RACING LTD reported total assets of £4.85M for 2023. That compares with £4.89M in 2022, a change of -0.77%.
NORFOLK RACING LTD reported cash in bank of £144.34K for 2023. That compares with £2.26M in 2022, a change of -93.60%.
NORFOLK RACING LTD reported 3 employees in 2023, compared with 18 in 2022.
Between 2021 and 2023, NORFOLK RACING LTD's net assets rose by 19.3%, cash in bank fell by 45.8%, total assets rose by 28.7% and total liabilities rose by 104%. Net assets compounded at 9.2% a year across the two years to 2023, from £3.35M to £4.00M. Reported headcount went from 16 in 2021 to 3 in 2023 (-13).
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.