PAICO UMBRELLA LTD Financials
- Company number
- SC636966CopyCopy
- Registered office
- 47 Broad Street, Glasgow G40 2QW
- Incorporated
- 24/07/2019
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-340.50%vs 20232023: £-12.02K
Total Assets
-3.96%vs 20232023: £194.37K
Cash in Bank
First reported yearTotal Liabilities
413.22%vs 20222022: £40.22K
Employees
-32vs 20232023: 50
In 2024, PAICO UMBRELLA LTD reported net assets of £-52.97K. The same filing shows total assets of £186.68K, cash in bank of £6.89K and total liabilities of £206.40K. Reported headcount was 18 in 2024. Total Liabilities rose from £40.22K in 2022 to £206.40K in 2023 (413.22%). 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
-340.50%from £-12.02K in 2023Year-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 PAICO UMBRELLA LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
+611%vs 2022+167% a year compound (CAGR)
Employees
-72.3%vs 2022-47Biggest increase
Total Assets+611%
£26.27K in 2022 to £186.68K in 2024
Biggest decrease
Employees-72.3%
65 in 2022 to 18 in 2024
PAICO UMBRELLA LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 PAICO UMBRELLA 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
- -28.37%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
- 106.19%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
- 20.41%2021
- 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
- 186.72%2021
- 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 PAICO UMBRELLA LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -29.23K | -13.94K | -12.02K | -52.97K |
| Total Assets£ | 3.69K | 26.27K | 194.37K | 186.68K |
| Cash in Bank£ | 6.89K | – | – | – |
| Total Liabilities£ | 33.76K | 40.22K | 206.40K | – |
| Employees | 5 | 65 | 50 | 18 |
PAICO UMBRELLA LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PAICO UMBRELLA LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PAICO UMBRELLA LTD reported net assets of £-52.97K for 2024. That compares with £-12.02K in 2023, a change of -340.50%.
PAICO UMBRELLA LTD reported total assets of £186.68K for 2024. That compares with £194.37K in 2023, a change of -3.96%.
PAICO UMBRELLA LTD reported cash in bank of £6.89K for 2021. There is no earlier filing to compare it against.
PAICO UMBRELLA LTD reported 18 employees in 2024, compared with 50 in 2023.
Between 2022 and 2024, PAICO UMBRELLA LTD's total assets rose by 611% and employee numbers fell by 72.3%. Total assets compounded at 167% a year across the two years to 2024, from £26.27K to £186.68K. Reported headcount went from 65 in 2022 to 18 in 2024 (-47).
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.