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PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED Financials

Company number
05012885Copy
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Registered office
Unit 1 Swannington Road, Broughton Astley, Leicester LE9 6TU
Incorporated
12/01/2004

Company snapshot

Status
Active
Employees
81 (2024)
Latest financial data
2024
Accounts type
Group

Financial highlights

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

Net Assets

£-1.68M2024
-16.92%vs 2023

2023: £-1.44M

Total Assets

£5.20M2024
-6.72%vs 2023

2023: £5.58M

Cash in Bank

£112.72K2024
9.85%vs 2023

2023: £102.61K

Total Liabilities

£4.95M2024
-1.85%vs 2023

2023: £5.04M

Employees

812024
-9vs 2023

2023: 90

In 2024, PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED reported net assets of £-1.68M. The same filing shows total assets of £5.20M, cash in bank of £112.72K and total liabilities of £4.95M. Reported headcount was 81 in 2024. Total Assets fell from £5.58M in 2023 to £5.20M in 2024 (-6.72%). 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

£-1.68M2024
-16.92%from £-1.44M 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 PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-1.19M2022£-1.68M2024
Decreasedvs 2022

Cash in Bank

£105.77K2022£112.72K2024
+6.6%vs 2022

+3.2% a year compound (CAGR)

Total Assets

£5.97M2022£5.20M2024
-12.8%vs 2022

-6.6% a year compound (CAGR)

Total Liabilities

£5.14M2022£4.95M2024
-3.7%vs 2022

-1.9% a year compound (CAGR)

Employees

972022812024
-16.5%vs 2022-16

Biggest increase

Cash in Bank+6.6%

£105.77K in 2022 to £112.72K in 2024

Biggest decrease

Employees-16.5%

97 in 2022 to 81 in 2024

PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PINNACLE INTERNATIONAL FREIGHT HOLDINGS 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
-32.34%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
95.03%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.

Cash to liabilities
2.28%2024

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
2.17%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 PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-962.63K-1.19M-1.44M-1.68M
Total Assets£6.32M5.97M5.58M5.20M
Cash in Bank£68.61K105.77K102.61K112.72K
Total Liabilities£5.22M5.14M5.04M4.95M
Employees95979081

PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED report in 2024?

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PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED reported net assets of £-1.68M for 2024. That compares with £-1.44M in 2023, a change of -16.92%.

What total assets did PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED report in 2024?

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PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED reported total assets of £5.20M for 2024. That compares with £5.58M in 2023, a change of -6.72%.

What cash in bank did PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED report in 2024?

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PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED reported cash in bank of £112.72K for 2024. That compares with £102.61K in 2023, a change of 9.85%.

How many people does PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED employ?

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PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED reported 81 employees in 2024, compared with 90 in 2023.

How have PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, PINNACLE INTERNATIONAL FREIGHT HOLDINGS LIMITED's cash in bank rose by 6.6%, total assets fell by 12.8%, total liabilities fell by 3.7% and employee numbers fell by 16.5%. Cash in bank compounded at 3.2% a year across the two years to 2024, from £105.77K to £112.72K. Reported headcount went from 97 in 2022 to 81 in 2024 (-16).

Which years of PINNACLE INTERNATIONAL FREIGHT HOLDINGS 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.