PRACTICAL WARRANTY LIMITED Financials
- Company number
- 02367321Copy
Copy - Registered office
- Practical House 21-23 Little Broom Street, Camp Hill, Birmingham, West Midlands B12 0EU
- Incorporated
- 31/03/1989
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2.46%vs 20232023: £100.49K
Total Assets
12.48%vs 20222022: £1.16M
Cash in Bank
First reported yearTotal Liabilities
-100.00%vs 20232023: £1.21M
Employees
-1vs 20232023: 4
In 2024, PRACTICAL WARRANTY LIMITED reported net assets of £102.96K. The same filing shows total assets of £1.31M, cash in bank of £6.74K and total liabilities of £0.00. Reported headcount was 3 in 2024. Total Liabilities fell from £1.21M 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
2.46%from £100.49K in 2023Year-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 PRACTICAL WARRANTY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+129%vs 2022+51.3% a year compound (CAGR)
Total Liabilities
-100%vs 2022Employees
-25%vs 2022-1Biggest increase
Net Assets+129%
£44.99K in 2022 to £102.96K in 2024
Biggest decrease
Total Liabilities-100%
£1.12M in 2022 to £0.00 in 2024
PRACTICAL WARRANTY LIMITED's filings pull in both directions between 2022 and 2024. 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 PRACTICAL WARRANTY 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
- 7.69%2023
- Liabilities to total assets
- 92.31%2023
- Cash to liabilities
- 0.60%2022
- Cash to total assets
- 0.58%2022
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 PRACTICAL WARRANTY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -267.05K | 44.99K | 100.49K | 102.96K |
| Total Assets£ | 1.04M | 1.16M | 1.31M | – |
| Cash in Bank£ | – | 6.74K | – | – |
| Total Liabilities£ | 1.31M | 1.12M | 1.21M | 0.00 |
| Employees | 5 | 4 | 4 | 3 |
PRACTICAL WARRANTY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PRACTICAL WARRANTY LIMITED filed financial statements?
Yes. Okredo holds filed figures for PRACTICAL WARRANTY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PRACTICAL WARRANTY LIMITED report in 2024?
PRACTICAL WARRANTY LIMITED reported net assets of £102.96K for 2024. That compares with £100.49K in 2023, a change of 2.46%.
What total assets did PRACTICAL WARRANTY LIMITED report in 2023?
PRACTICAL WARRANTY LIMITED reported total assets of £1.31M for 2023. That compares with £1.16M in 2022, a change of 12.48%.
What cash in bank did PRACTICAL WARRANTY LIMITED report in 2022?
PRACTICAL WARRANTY LIMITED reported cash in bank of £6.74K for 2022. There is no earlier filing to compare it against.
How many people does PRACTICAL WARRANTY LIMITED employ?
PRACTICAL WARRANTY LIMITED reported 3 employees in 2024, compared with 4 in 2023.
How have PRACTICAL WARRANTY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, PRACTICAL WARRANTY LIMITED's net assets rose by 129%, total liabilities fell by 100% and employee numbers fell by 25%. Net assets compounded at 51.3% a year across the two years to 2024, from £44.99K to £102.96K. Reported headcount went from 4 in 2022 to 3 in 2024 (-1).
Which years of PRACTICAL WARRANTY LIMITED financial data are available?
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.