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PARK ACCOUNTANCY LIMITED Financials

Company number
03220359Copy
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Registered office
33 The Park, North Muskham, Newark, Nottinghamshire NG23 6EW
Incorporated
04/07/1996

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£4.20K2024
-69.36%vs 2023

2023: £13.72K

Total Assets

£131.13K2024
-12.96%vs 2023

2023: £150.66K

Total Liabilities

£126.92K2024
-7.31%vs 2023

2023: £136.94K

Employees

32024
0vs 2023

2023: 3

In 2024, PARK ACCOUNTANCY LIMITED reported net assets of £4.20K. The same filing shows total assets of £131.13K and total liabilities of £126.92K. Reported headcount was 3 in 2024. Total Assets fell from £150.66K in 2023 to £131.13K in 2024 (-12.96%). 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

£4.20K2024
-69.36%from £13.72K 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 PARK ACCOUNTANCY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£30.49K2022£4.20K2024
-86.2%vs 2022

-62.9% a year compound (CAGR)

Total Assets

£161.61K2022£131.13K2024
-18.9%vs 2022

-9.9% a year compound (CAGR)

Total Liabilities

£131.12K2022£126.92K2024
-3.2%vs 2022

-1.6% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest decrease

Net Assets-86.2%

£30.49K in 2022 to £4.20K in 2024

Every measure that changed in PARK ACCOUNTANCY LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PARK ACCOUNTANCY 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
3.21%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
96.79%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PARK ACCOUNTANCY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£29.33K30.49K13.72K4.20K
Total Assets£192.34K161.61K150.66K131.13K
Cash in Bank£––––
Total Liabilities£163.01K131.12K136.94K126.92K
Employees3333

PARK ACCOUNTANCY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PARK ACCOUNTANCY LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PARK ACCOUNTANCY LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did PARK ACCOUNTANCY LIMITED report in 2024?

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PARK ACCOUNTANCY LIMITED reported net assets of £4.20K for 2024. That compares with £13.72K in 2023, a change of -69.36%.

What total assets did PARK ACCOUNTANCY LIMITED report in 2024?

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PARK ACCOUNTANCY LIMITED reported total assets of £131.13K for 2024. That compares with £150.66K in 2023, a change of -12.96%.

What total liabilities did PARK ACCOUNTANCY LIMITED report in 2024?

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PARK ACCOUNTANCY LIMITED reported total liabilities of £126.92K for 2024. That compares with £136.94K in 2023, a change of -7.31%.

How many people does PARK ACCOUNTANCY LIMITED employ?

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PARK ACCOUNTANCY LIMITED reported 3 employees in 2024, compared with 3 in 2023.

How have PARK ACCOUNTANCY LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, PARK ACCOUNTANCY LIMITED's net assets fell by 86.2%, total assets fell by 18.9%, total liabilities fell by 3.2% and employee numbers was unchanged. Net assets contracted at 62.9% a year across the two years to 2024, from £30.49K to £4.20K. Reported headcount went from 3 in 2022 to 3 in 2024.

Which years of PARK ACCOUNTANCY LIMITED 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.