Active

POWERSPORT LIMITED Financials

Company number
04243295Copy
Copy
Registered office
Onward Chambers, 34 Market Street, Hyde, Cheshire SK14 1AH
Incorporated
28/06/2001

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£356.002024
35.88%vs 2023

2023: £262.00

Total Assets

£340.43K2024
-17.72%vs 2023

2023: £413.76K

Cash in Bank

£14.51K2024
-46.25%vs 2023

2023: £27.00K

Total Liabilities

£340.07K2024
-17.76%vs 2023

2023: £413.50K

Employees

32024
-1vs 2023

2023: 4

In 2024, POWERSPORT LIMITED reported net assets of £356.00. The same filing shows total assets of £340.43K, cash in bank of £14.51K and total liabilities of £340.07K. Reported headcount was 3 in 2024. Total Liabilities fell from £413.50K in 2023 to £340.07K in 2024 (-17.76%). 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

£356.002024
35.88%from £262.00 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 POWERSPORT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£8.28K2022£356.002024
-95.7%vs 2022

-79.3% a year compound (CAGR)

Cash in Bank

£89.03K2022£14.51K2024
-83.7%vs 2022

-59.6% a year compound (CAGR)

Total Assets

£506.77K2022£340.43K2024
-32.8%vs 2022

-18% a year compound (CAGR)

Total Liabilities

£498.50K2022£340.07K2024
-31.8%vs 2022

-17.4% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest decrease

Net Assets-95.7%

£8.28K in 2022 to £356.00 in 2024

Every measure that changed in POWERSPORT LIMITED's filings between 2022 and 2024 fell. 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 POWERSPORT 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
0.10%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
99.90%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
4.27%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
4.26%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 POWERSPORT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£9.00K8.28K262.00356.00
Total Assets£264.50K506.77K413.76K340.43K
Cash in Bank£58.50K89.03K27.00K14.51K
Total Liabilities£255.50K498.50K413.50K340.07K
Employees3343

POWERSPORT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

POWERSPORT LIMITED reported net assets of £356.00 for 2024. That compares with £262.00 in 2023, a change of 35.88%.

POWERSPORT LIMITED reported total assets of £340.43K for 2024. That compares with £413.76K in 2023, a change of -17.72%.

POWERSPORT LIMITED reported cash in bank of £14.51K for 2024. That compares with £27.00K in 2023, a change of -46.25%.

POWERSPORT LIMITED reported 3 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, POWERSPORT LIMITED's net assets fell by 95.7%, cash in bank fell by 83.7%, total assets fell by 32.8% and total liabilities fell by 31.8%. Net assets contracted at 79.3% a year across the two years to 2024, from £8.28K to £356.00. Reported headcount went from 3 in 2022 to 3 in 2024.

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.