OFFA OPERATIONS LTD Financials
- Company number
- 11609468Copy
Copy - Registered office
- First Floor, Dominion Court, 39 Station Road, Solihull B91 3RT
- Incorporated
- 08/10/2018
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
554.38%vs 20222022: £-162.11K
Total Assets
675.67%vs 20222022: £119.76K
Cash in Bank
10.67K%vs 20222022: £-2.55K
Total Liabilities
-39.16%vs 20222022: £278.03K
Employees
+7vs 20222022: 3
In 2023, OFFA OPERATIONS LTD reported net assets of £736.59K. The same filing shows total assets of £928.94K, cash in bank of £269.11K and total liabilities of £169.16K. Reported headcount was 10 in 2023. Net Assets rose from £-162.11K in 2022 to £736.59K in 2023 (554.38%). 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
554.38%from £-162.11K 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 OFFA OPERATIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+8003%vs 2021+800% a year compound (CAGR)
Total Assets
+420%vs 2021+128% a year compound (CAGR)
Total Liabilities
-0.3%vs 2021-0.1% a year compound (CAGR)
Employees
+233%vs 2021+7Biggest increase
Net Assets+8003%
£9.09K in 2021 to £736.59K in 2023
Biggest decrease
Total Liabilities-0.3%
£169.64K in 2021 to £169.16K in 2023
OFFA OPERATIONS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 OFFA OPERATIONS 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
- 79.29%2023
- Liabilities to total assets
- 18.21%2023
- Cash to liabilities
- 159.08%2023
- Cash to total assets
- 28.97%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 OFFA OPERATIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 9.09K | -162.11K | 736.59K |
| Total Assets£ | 178.73K | 119.76K | 928.94K |
| Cash in Bank£ | – | -2.55K | 269.11K |
| Total Liabilities£ | 169.64K | 278.03K | 169.16K |
| Employees | 3 | 3 | 10 |
OFFA OPERATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has OFFA OPERATIONS LTD filed financial statements?
Yes. Okredo holds filed figures for OFFA OPERATIONS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did OFFA OPERATIONS LTD report in 2023?
OFFA OPERATIONS LTD reported net assets of £736.59K for 2023. That compares with £-162.11K in 2022, a change of 554.38%.
What total assets did OFFA OPERATIONS LTD report in 2023?
OFFA OPERATIONS LTD reported total assets of £928.94K for 2023. That compares with £119.76K in 2022, a change of 675.67%.
What cash in bank did OFFA OPERATIONS LTD report in 2023?
OFFA OPERATIONS LTD reported cash in bank of £269.11K for 2023. That compares with £-2.55K in 2022, a change of 10.67K%.
How many people does OFFA OPERATIONS LTD employ?
OFFA OPERATIONS LTD reported 10 employees in 2023, compared with 3 in 2022.
How have OFFA OPERATIONS LTD financials changed over the last 3 years?
Between 2021 and 2023, OFFA OPERATIONS LTD's net assets rose by 8003%, total assets rose by 420%, total liabilities fell by 0.3% and employee numbers rose by 233%. Net assets compounded at 800% a year across the two years to 2023, from £9.09K to £736.59K. Reported headcount went from 3 in 2021 to 10 in 2023 (+7).
Which years of OFFA OPERATIONS LTD financial data are available?
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.