PRINCIPAL LOGISTICS TECHNOLOGY LIMITED Financials
- Company number
- 01448826CopyCopy
- Registered office
- Lincoln House Wellington Crescent, Fradley Park, Lichfield WS13 8RZ
- Incorporated
- 17/09/1979
Company snapshot
- Status
- Active
- Employees
- 30 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
12.90%vs 20222022: £814.16K
Total Assets
26.09%vs 20222022: £2.26M
Cash in Bank
336.25%vs 20222022: £98.90K
Total Liabilities
32.40%vs 20222022: £1.44M
Employees
+3vs 20222022: 27
In 2023, PRINCIPAL LOGISTICS TECHNOLOGY LIMITED reported net assets of £919.21K. The same filing shows total assets of £2.85M, cash in bank of £431.43K and total liabilities of £1.91M. Reported headcount was 30 in 2023. Total Assets rose from £2.26M in 2022 to £2.85M in 2023 (26.09%). Okredo holds filed figures for 2021–2023; 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
12.90%from £814.16K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PRINCIPAL LOGISTICS TECHNOLOGY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+36.4%vs 2021+16.8% a year compound (CAGR)
Cash in Bank
+167%vs 2021+63.4% a year compound (CAGR)
Total Assets
+64.2%vs 2021+28.2% a year compound (CAGR)
Total Liabilities
+80.2%vs 2021+34.2% a year compound (CAGR)
Employees
-3.2%vs 2021-1Biggest increase
Cash in Bank+167%
£161.57K in 2021 to £431.43K in 2023
Biggest decrease
Employees-3.2%
31 in 2021 to 30 in 2023
PRINCIPAL LOGISTICS TECHNOLOGY LIMITED's filings pull in both directions between 2021 and 2023. 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 PRINCIPAL LOGISTICS TECHNOLOGY 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
- 32.27%2023
- 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
- 67.07%2023
- 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
- 22.58%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
- 15.15%2023
- 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 PRINCIPAL LOGISTICS TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 673.99K | 814.16K | 919.21K |
| Total Assets£ | 1.73M | 2.26M | 2.85M |
| Cash in Bank£ | 161.57K | 98.90K | 431.43K |
| Total Liabilities£ | 1.06M | 1.44M | 1.91M |
| Employees | 31 | 27 | 30 |
PRINCIPAL LOGISTICS TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRINCIPAL LOGISTICS TECHNOLOGY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PRINCIPAL LOGISTICS TECHNOLOGY LIMITED reported net assets of £919.21K for 2023. That compares with £814.16K in 2022, a change of 12.90%.
PRINCIPAL LOGISTICS TECHNOLOGY LIMITED reported total assets of £2.85M for 2023. That compares with £2.26M in 2022, a change of 26.09%.
PRINCIPAL LOGISTICS TECHNOLOGY LIMITED reported cash in bank of £431.43K for 2023. That compares with £98.90K in 2022, a change of 336.25%.
PRINCIPAL LOGISTICS TECHNOLOGY LIMITED reported 30 employees in 2023, compared with 27 in 2022.
Between 2021 and 2023, PRINCIPAL LOGISTICS TECHNOLOGY LIMITED's net assets rose by 36.4%, cash in bank rose by 167%, total assets rose by 64.2% and total liabilities rose by 80.2%. Net assets compounded at 16.8% a year across the two years to 2023, from £673.99K to £919.21K. Reported headcount went from 31 in 2021 to 30 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.