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PROVEL LIMITED Financials

Company number
03298775Copy
Copy
Registered office
48 Saville Street Bolton, Saville Street, Bolton BL2 1BY
Incorporated
03/01/1997

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£209.55K2024
8.39%vs 2023

2023: £193.33K

Total Assets

£232.72K2022
7.76%vs 2021

2021: £215.97K

Cash in Bank

£214.46K2024
First reported year

Total Liabilities

£60.99K2022
57.64%vs 2021

2021: £38.69K

Employees

52024
0vs 2023

2023: 5

In 2024, PROVEL LIMITED reported net assets of £209.55K. The same filing shows total assets of £232.72K, cash in bank of £214.46K and total liabilities of £60.99K. Reported headcount was 5 in 2024. Total Liabilities rose from £38.69K in 2021 to £60.99K in 2022 (57.64%). 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

£209.55K2024
8.39%from £193.33K 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 PROVEL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£171.73K2022£209.55K2024
+22%vs 2022

+10.5% a year compound (CAGR)

Employees

5202252024
0%vs 2022

Biggest increase

Net Assets+22%

£171.73K in 2022 to £209.55K in 2024

Every measure that changed in PROVEL LIMITED's filings between 2022 and 2024 rose. That rise came in net assets, pointing to a strengthening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PROVEL 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
73.79%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.
Liabilities to total assets
26.21%2022
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PROVEL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£177.28K171.73K193.33K209.55K
Total Assets£215.97K232.72K––
Cash in Bank£–––214.46K
Total Liabilities£38.69K60.99K––
Employees5555

PROVEL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

PROVEL LIMITED reported net assets of £209.55K for 2024. That compares with £193.33K in 2023, a change of 8.39%.

PROVEL LIMITED reported total assets of £232.72K for 2022. That compares with £215.97K in 2021, a change of 7.76%.

PROVEL LIMITED reported cash in bank of £214.46K for 2024. There is no earlier filing to compare it against.

PROVEL LIMITED reported 5 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, PROVEL LIMITED's net assets rose by 22% and employee numbers was unchanged. Net assets compounded at 10.5% a year across the two years to 2024, from £171.73K to £209.55K. Reported headcount went from 5 in 2022 to 5 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.