PAD DESIGN LIMITED Financials
- Company number
- 06297140Copy
Copy - Registered office
- Office 1, The Warehouse, Anchor Quay, Penryn, Cornwall TR10 8GZ
- Incorporated
- 29/06/2007
Company snapshot
- Status
- Active
- Employees
- 13 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-27.85%vs 20242024: £963.42K
Total Assets
-15.99%vs 20242024: £1.11M
Cash in Bank
46.25%vs 20242024: £479.87K
Total Liabilities
75.21%vs 20242024: £129.19K
Employees
-1vs 20242024: 14
In 2025, PAD DESIGN LIMITED reported net assets of £695.12K. The same filing shows total assets of £929.75K, cash in bank of £701.80K and total liabilities of £226.36K. Reported headcount was 13 in 2025. Net Assets fell from £963.42K in 2024 to £695.12K in 2025 (-27.85%). Okredo holds filed figures for 2021–2025; 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
-27.85%from £963.42K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PAD DESIGN LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-61.1%vs 2023-37.6% a year compound (CAGR)
Cash in Bank
+709%vs 2023+184% a year compound (CAGR)
Total Assets
-53.1%vs 2023-31.5% a year compound (CAGR)
Total Liabilities
+24.5%vs 2023+11.6% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+709%
£86.79K in 2023 to £701.80K in 2025
Biggest decrease
Net Assets-61.1%
£1.79M in 2023 to £695.12K in 2025
PAD DESIGN LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PAD DESIGN LIMITED'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
- 74.76%2025
- Liabilities to total assets
- 24.35%2025
- Cash to liabilities
- 310.04%2025
- Cash to total assets
- 75.48%2025
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 PAD DESIGN LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.34M | 1.46M | 1.79M | 963.42K | 695.12K |
| Total Assets£ | 1.66M | 1.68M | 1.98M | 1.11M | 929.75K |
| Cash in Bank£ | 173.91K | 32.94K | 86.79K | 479.87K | 701.80K |
| Total Liabilities£ | 275.08K | 179.18K | 181.75K | 129.19K | 226.36K |
| Employees | 11 | 12 | 13 | 14 | 13 |
PAD DESIGN LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PAD DESIGN LIMITED filed financial statements?
Yes. Okredo holds filed figures for PAD DESIGN LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PAD DESIGN LIMITED report in 2025?
PAD DESIGN LIMITED reported net assets of £695.12K for 2025. That compares with £963.42K in 2024, a change of -27.85%.
What total assets did PAD DESIGN LIMITED report in 2025?
PAD DESIGN LIMITED reported total assets of £929.75K for 2025. That compares with £1.11M in 2024, a change of -15.99%.
What cash in bank did PAD DESIGN LIMITED report in 2025?
PAD DESIGN LIMITED reported cash in bank of £701.80K for 2025. That compares with £479.87K in 2024, a change of 46.25%.
How many people does PAD DESIGN LIMITED employ?
PAD DESIGN LIMITED reported 13 employees in 2025, compared with 14 in 2024.
How have PAD DESIGN LIMITED financials changed over the last 3 years?
Between 2023 and 2025, PAD DESIGN LIMITED's net assets fell by 61.1%, cash in bank rose by 709%, total assets fell by 53.1% and total liabilities rose by 24.5%. Net assets contracted at 37.6% a year across the two years to 2025, from £1.79M to £695.12K. Reported headcount went from 13 in 2023 to 13 in 2025.
Which years of PAD DESIGN LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.