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NORTHERN ACCOUNTANTS LTD Financials

Company number
06231215Copy
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Registered office
Olympus House 2 Howley Park Business Village, Morley, Leeds, West Yorkshire LS27 0BZ
Incorporated
30/04/2007

Company snapshot

Status
Active
Employees
28 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£217.38K2024
37.21%vs 2023

2023: £158.43K

Total Assets

£1.28M2024
26.76%vs 2023

2023: £1.01M

Cash in Bank

£111.96K2024
6.26%vs 2023

2023: £105.37K

Total Liabilities

£993.44K2024
21.75%vs 2023

2023: £815.97K

Employees

282024
+11vs 2023

2023: 17

In 2024, NORTHERN ACCOUNTANTS LTD reported net assets of £217.38K. The same filing shows total assets of £1.28M, cash in bank of £111.96K and total liabilities of £993.44K. Reported headcount was 28 in 2024. Total Assets rose from £1.01M in 2023 to £1.28M in 2024 (26.76%). 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

£217.38K2024
37.21%from £158.43K in 2023

Year-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 NORTHERN ACCOUNTANTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£157.58K2022£217.38K2024
+38%vs 2022

+17.5% a year compound (CAGR)

Cash in Bank

£69.28K2022£111.96K2024
+61.6%vs 2022

+27.1% a year compound (CAGR)

Total Assets

£860.31K2022£1.28M2024
+49.2%vs 2022

+22.2% a year compound (CAGR)

Total Liabilities

£658.23K2022£993.44K2024
+50.9%vs 2022

+22.9% a year compound (CAGR)

Employees

162022282024
+75%vs 2022+12

Biggest increase

Employees+75%

16 in 2022 to 28 in 2024

Every indicator Okredo holds for NORTHERN ACCOUNTANTS LTD rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NORTHERN ACCOUNTANTS 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
16.93%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
77.37%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
11.27%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
8.72%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 NORTHERN ACCOUNTANTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£152.54K157.58K158.43K217.38K
Total Assets£580.67K860.31K1.01M1.28M
Cash in Bank£173.73K69.28K105.37K111.96K
Total Liabilities£414.67K658.23K815.97K993.44K
Employees15161728

NORTHERN ACCOUNTANTS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has NORTHERN ACCOUNTANTS LTD filed financial statements?

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Yes. Okredo holds filed figures for NORTHERN ACCOUNTANTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did NORTHERN ACCOUNTANTS LTD report in 2024?

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NORTHERN ACCOUNTANTS LTD reported net assets of £217.38K for 2024. That compares with £158.43K in 2023, a change of 37.21%.

What total assets did NORTHERN ACCOUNTANTS LTD report in 2024?

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NORTHERN ACCOUNTANTS LTD reported total assets of £1.28M for 2024. That compares with £1.01M in 2023, a change of 26.76%.

What cash in bank did NORTHERN ACCOUNTANTS LTD report in 2024?

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NORTHERN ACCOUNTANTS LTD reported cash in bank of £111.96K for 2024. That compares with £105.37K in 2023, a change of 6.26%.

How many people does NORTHERN ACCOUNTANTS LTD employ?

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NORTHERN ACCOUNTANTS LTD reported 28 employees in 2024, compared with 17 in 2023.

How have NORTHERN ACCOUNTANTS LTD financials changed over the last 3 years?

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Between 2022 and 2024, NORTHERN ACCOUNTANTS LTD's net assets rose by 38%, cash in bank rose by 61.6%, total assets rose by 49.2% and total liabilities rose by 50.9%. Net assets compounded at 17.5% a year across the two years to 2024, from £157.58K to £217.38K. Reported headcount went from 16 in 2022 to 28 in 2024 (+12).

Which years of NORTHERN ACCOUNTANTS LTD financial data are available?

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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.