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PIER ASSOCIATES LIMITED Financials

Company number
04610462Copy
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Registered office
87 Church Road, Hove, E Sussex BN3 2BB
Incorporated
06/12/2002

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-821.002024
-107.07%vs 2023

2023: £11.61K

Total Assets

£47.39K2024
-93.04%vs 2023

2023: £681.12K

Cash in Bank

£126.73K2024
-79.41%vs 2023

2023: £615.52K

Total Liabilities

£0.002024
-100.00%vs 2023

2023: £647.58K

Employees

72024
0vs 2023

2023: 7

In 2024, PIER ASSOCIATES LIMITED reported net assets of £-821.00. The same filing shows total assets of £47.39K, cash in bank of £126.73K and total liabilities of £0.00. Reported headcount was 7 in 2024. Total Liabilities fell from £647.58K in 2023 to £0.00 in 2024 (-100.00%). 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

£-821.002024
-107.07%from £11.61K 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 PIER ASSOCIATES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£10.23K2022£-821.002024
-108%vs 2022

Cash in Bank

£803.03K2022£126.73K2024
-84.2%vs 2022

-60.3% a year compound (CAGR)

Total Assets

£903.81K2022£47.39K2024
-94.8%vs 2022

-77.1% a year compound (CAGR)

Total Liabilities

£861.14K2022£0.002024
-100%vs 2022

Employees

0202272024
Increasedvs 2022+7

Biggest decrease

Net Assets-108%

£10.23K in 2022 to £-821.00 in 2024

PIER ASSOCIATES LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PIER ASSOCIATES 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
-1.73%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.

Cash to liabilities
95.05%2023

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
267.45%2024

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 PIER ASSOCIATES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-10.86K10.23K11.61K-821.00
Total Assets£1.02M903.81K681.12K47.39K
Cash in Bank£938.93K803.03K615.52K126.73K
Total Liabilities£1.02M861.14K647.58K0.00
Employees11077

PIER ASSOCIATES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PIER ASSOCIATES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PIER ASSOCIATES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did PIER ASSOCIATES LIMITED report in 2024?

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PIER ASSOCIATES LIMITED reported net assets of £-821.00 for 2024. That compares with £11.61K in 2023, a change of -107.07%.

What total assets did PIER ASSOCIATES LIMITED report in 2024?

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PIER ASSOCIATES LIMITED reported total assets of £47.39K for 2024. That compares with £681.12K in 2023, a change of -93.04%.

What cash in bank did PIER ASSOCIATES LIMITED report in 2024?

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PIER ASSOCIATES LIMITED reported cash in bank of £126.73K for 2024. That compares with £615.52K in 2023, a change of -79.41%.

How many people does PIER ASSOCIATES LIMITED employ?

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PIER ASSOCIATES LIMITED reported 7 employees in 2024, compared with 7 in 2023.

How have PIER ASSOCIATES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, PIER ASSOCIATES LIMITED's net assets fell by 108%, cash in bank fell by 84.2%, total assets fell by 94.8% and total liabilities fell by 100%. Cash in bank contracted at 60.3% a year across the two years to 2024, from £803.03K to £126.73K. Reported headcount went from 0 in 2022 to 7 in 2024 (+7).

Which years of PIER ASSOCIATES 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.