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PIECE GLASGOW LTD Financials

Company number
SC474742Copy
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Registered office
1056 Argyle Street, Glasgow G3 8LY
Incorporated
08/04/2014

Company snapshot

Status
Active
Employees
36 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£34.74K2025
46.91%vs 2024

2024: £23.65K

Total Assets

£618.34K2025
32.98%vs 2024

2024: £464.99K

Cash in Bank

£12.41K2025
5.48%vs 2024

2024: £11.76K

Total Liabilities

£448.88K2025
23.24%vs 2024

2024: £364.22K

Employees

362025
+6vs 2024

2024: 30

In 2025, PIECE GLASGOW LTD reported net assets of £34.74K. The same filing shows total assets of £618.34K, cash in bank of £12.41K and total liabilities of £448.88K. Reported headcount was 36 in 2025. Total Assets rose from £464.99K in 2024 to £618.34K in 2025 (32.98%). 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

£34.74K2025
46.91%from £23.65K in 2024

Year-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 PIECE GLASGOW LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£855.002023£34.74K2025
+3963%vs 2023

+537% a year compound (CAGR)

Cash in Bank

£5.00K2023£12.41K2025
+148%vs 2023

+57.5% a year compound (CAGR)

Total Assets

£344.79K2023£618.34K2025
+79.3%vs 2023

+33.9% a year compound (CAGR)

Total Liabilities

£306.60K2023£448.88K2025
+46.4%vs 2023

+21% a year compound (CAGR)

Employees

292023362025
+24.1%vs 2023+7

Biggest increase

Net Assets+3963%

£855.00 in 2023 to £34.74K in 2025

Every indicator Okredo holds for PIECE GLASGOW LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PIECE GLASGOW 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
5.62%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
72.59%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.

Cash to liabilities
2.76%2025

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
2.01%2025

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 PIECE GLASGOW LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-64.84K8.68K855.0023.65K34.74K
Total Assets£376.65K336.54K344.79K464.99K618.34K
Cash in Bank£30.91K5.005.00K11.76K12.41K
Total Liabilities£396.35K291.24K306.60K364.22K448.88K
Employees3326293036

PIECE GLASGOW LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has PIECE GLASGOW LTD filed financial statements?

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Yes. Okredo holds filed figures for PIECE GLASGOW LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did PIECE GLASGOW LTD report in 2025?

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PIECE GLASGOW LTD reported net assets of £34.74K for 2025. That compares with £23.65K in 2024, a change of 46.91%.

What total assets did PIECE GLASGOW LTD report in 2025?

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PIECE GLASGOW LTD reported total assets of £618.34K for 2025. That compares with £464.99K in 2024, a change of 32.98%.

What cash in bank did PIECE GLASGOW LTD report in 2025?

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PIECE GLASGOW LTD reported cash in bank of £12.41K for 2025. That compares with £11.76K in 2024, a change of 5.48%.

How many people does PIECE GLASGOW LTD employ?

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PIECE GLASGOW LTD reported 36 employees in 2025, compared with 30 in 2024.

How have PIECE GLASGOW LTD financials changed over the last 3 years?

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Between 2023 and 2025, PIECE GLASGOW LTD's net assets rose by 3963%, cash in bank rose by 148%, total assets rose by 79.3% and total liabilities rose by 46.4%. Net assets compounded at 537% a year across the two years to 2025, from £855.00 to £34.74K. Reported headcount went from 29 in 2023 to 36 in 2025 (+7).

Which years of PIECE GLASGOW LTD financial data are available?

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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.