PROPER ADVICE LTD Financials
- Company number
- 11357070Copy
Copy - Registered office
- 25-27 First Floor, Lower Bridge Street, Chester CH1 1RS
- Incorporated
- 11/05/2018
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
324.64%vs 20232023: £4.70K
Total Assets
21.11%vs 20232023: £545.93K
Cash in Bank
-30.64%vs 20232023: £182.82K
Total Liabilities
18.48%vs 20232023: £541.23K
Employees
-17vs 20232023: 38
In 2024, PROPER ADVICE LTD reported net assets of £19.97K. The same filing shows total assets of £661.20K, cash in bank of £126.81K and total liabilities of £641.23K. Reported headcount was 21 in 2024. Total Assets rose from £545.93K in 2023 to £661.20K in 2024 (21.11%). 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
324.64%from £4.70K 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 PROPER ADVICE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+805%vs 2022+201% a year compound (CAGR)
Cash in Bank
-13.3%vs 2022-6.9% a year compound (CAGR)
Total Assets
+47.5%vs 2022+21.5% a year compound (CAGR)
Total Liabilities
+43.8%vs 2022+19.9% a year compound (CAGR)
Employees
-46.2%vs 2022-18Biggest increase
Net Assets+805%
£2.21K in 2022 to £19.97K in 2024
Biggest decrease
Employees-46.2%
39 in 2022 to 21 in 2024
PROPER ADVICE LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROPER ADVICE LTD'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
- 3.02%2024
- Liabilities to total assets
- 96.98%2024
- Cash to liabilities
- 19.78%2024
- Cash to total assets
- 19.18%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.
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 PROPER ADVICE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.88K | 2.21K | 4.70K | 19.97K |
| Total Assets£ | 510.94K | 448.17K | 545.93K | 661.20K |
| Cash in Bank£ | 32.42K | 146.21K | 182.82K | 126.81K |
| Total Liabilities£ | 488.16K | 445.97K | 541.23K | 641.23K |
| Employees | 25 | 39 | 38 | 21 |
PROPER ADVICE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has PROPER ADVICE LTD filed financial statements?
Yes. Okredo holds filed figures for PROPER ADVICE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PROPER ADVICE LTD report in 2024?
PROPER ADVICE LTD reported net assets of £19.97K for 2024. That compares with £4.70K in 2023, a change of 324.64%.
What total assets did PROPER ADVICE LTD report in 2024?
PROPER ADVICE LTD reported total assets of £661.20K for 2024. That compares with £545.93K in 2023, a change of 21.11%.
What cash in bank did PROPER ADVICE LTD report in 2024?
PROPER ADVICE LTD reported cash in bank of £126.81K for 2024. That compares with £182.82K in 2023, a change of -30.64%.
How many people does PROPER ADVICE LTD employ?
PROPER ADVICE LTD reported 21 employees in 2024, compared with 38 in 2023.
How have PROPER ADVICE LTD financials changed over the last 3 years?
Between 2022 and 2024, PROPER ADVICE LTD's net assets rose by 805%, cash in bank fell by 13.3%, total assets rose by 47.5% and total liabilities rose by 43.8%. Net assets compounded at 201% a year across the two years to 2024, from £2.21K to £19.97K. Reported headcount went from 39 in 2022 to 21 in 2024 (-18).
Which years of PROPER ADVICE LTD 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.