PICASSO'S FLOORING AND FIREPLACES LIMITED Financials
- Company number
- 04994745CopyCopy
- Registered office
- 12 Trevor Terrace, North Sheilds, Tyne And Wear NE30 2DE
- Incorporated
- 15/12/2003
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
1.03%vs 20242024: £67.55K
Total Assets
-12.96%vs 20242024: £116.25K
Total Liabilities
-32.37%vs 20242024: £48.69K
Employees
-1vs 20242024: 5
In 2025, PICASSO'S FLOORING AND FIREPLACES LIMITED reported net assets of £68.25K. The same filing shows total assets of £101.18K and total liabilities of £32.93K. Reported headcount was 4 in 2025. Total Liabilities fell from £48.69K in 2024 to £32.93K in 2025 (-32.37%). 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
1.03%from £67.55K 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 PICASSO'S FLOORING AND FIREPLACES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+52.6%vs 2023+23.5% a year compound (CAGR)
Total Assets
-1.8%vs 2023-0.9% a year compound (CAGR)
Total Liabilities
-43.5%vs 2023-24.8% a year compound (CAGR)
Employees
-33.3%vs 2023-2Biggest increase
Net Assets+52.6%
£44.73K in 2023 to £68.25K in 2025
Biggest decrease
Total Liabilities-43.5%
£58.28K in 2023 to £32.93K in 2025
PICASSO'S FLOORING AND FIREPLACES LIMITED's filings pull in both directions between 2023 and 2025. 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 PICASSO'S FLOORING AND FIREPLACES 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
- 67.45%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.
- Liabilities to total assets
- 32.55%2025
- 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 PICASSO'S FLOORING AND FIREPLACES 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£ | 36.69K | 36.56K | 44.73K | 67.55K | 68.25K |
| Total Assets£ | 126.32K | 110.95K | 103.01K | 116.25K | 101.18K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 89.63K | 74.40K | 58.28K | 48.69K | 32.93K |
| Employees | 5 | 5 | 6 | 5 | 4 |
PICASSO'S FLOORING AND FIREPLACES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PICASSO'S FLOORING AND FIREPLACES LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
PICASSO'S FLOORING AND FIREPLACES LIMITED reported net assets of £68.25K for 2025. That compares with £67.55K in 2024, a change of 1.03%.
PICASSO'S FLOORING AND FIREPLACES LIMITED reported total assets of £101.18K for 2025. That compares with £116.25K in 2024, a change of -12.96%.
PICASSO'S FLOORING AND FIREPLACES LIMITED reported total liabilities of £32.93K for 2025. That compares with £48.69K in 2024, a change of -32.37%.
PICASSO'S FLOORING AND FIREPLACES LIMITED reported 4 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, PICASSO'S FLOORING AND FIREPLACES LIMITED's net assets rose by 52.6%, total assets fell by 1.8%, total liabilities fell by 43.5% and employee numbers fell by 33.3%. Net assets compounded at 23.5% a year across the two years to 2025, from £44.73K to £68.25K. Reported headcount went from 6 in 2023 to 4 in 2025 (-2).
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.