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PARK RAYAL MOT CENTRE LTD Financials

Company number
09442824Copy
Copy
Registered office
21 Barretts Green Road, London NW10 7AE
Incorporated
17/02/2015

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£44.97K2024
-4.47%vs 2023

2023: £47.07K

Total Assets

£4.51K2024
23.86%vs 2023

2023: £3.64K

Total Liabilities

£-40.46K2024
6.84%vs 2023

2023: £-43.43K

Employees

82024
+2vs 2023

2023: 6

In 2024, PARK RAYAL MOT CENTRE LTD reported net assets of £44.97K. The same filing shows total assets of £4.51K and total liabilities of £-40.46K. Reported headcount was 8 in 2024. Total Liabilities rose from £-43.43K in 2023 to £-40.46K in 2024 (6.84%). 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

£44.97K2024
-4.47%from £47.07K 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 RAYAL MOT CENTRE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£49.87K2022£44.97K2024
-9.8%vs 2022

-5% a year compound (CAGR)

Total Assets

£8.47K2022£4.51K2024
-46.8%vs 2022

-27.1% a year compound (CAGR)

Total Liabilities

£-41.40K2022£-40.46K2024
Increasedvs 2022

Employees

5202282024
+60%vs 2022+3

Biggest increase

Employees+60%

5 in 2022 to 8 in 2024

Biggest decrease

Total Assets-46.8%

£8.47K in 2022 to £4.51K in 2024

PARK RAYAL MOT CENTRE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PARK RAYAL MOT CENTRE 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
997.89%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
-897.89%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 RAYAL MOT CENTRE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£28.74K49.87K47.07K44.97K
Total Assets£38.05K8.47K3.64K4.51K
Cash in Bank£––––
Total Liabilities£9.30K-41.40K-43.43K-40.46K
Employees5568

PARK RAYAL MOT CENTRE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PARK RAYAL MOT CENTRE LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

PARK RAYAL MOT CENTRE LTD reported net assets of £44.97K for 2024. That compares with £47.07K in 2023, a change of -4.47%.

PARK RAYAL MOT CENTRE LTD reported total assets of £4.51K for 2024. That compares with £3.64K in 2023, a change of 23.86%.

PARK RAYAL MOT CENTRE LTD reported total liabilities of £-40.46K for 2024. That compares with £-43.43K in 2023, a change of 6.84%.

PARK RAYAL MOT CENTRE LTD reported 8 employees in 2024, compared with 6 in 2023.

Between 2022 and 2024, PARK RAYAL MOT CENTRE LTD's net assets fell by 9.8%, total assets fell by 46.8% and employee numbers rose by 60%. Net assets contracted at 5% a year across the two years to 2024, from £49.87K to £44.97K. Reported headcount went from 5 in 2022 to 8 in 2024 (+3).

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.