PROVIDENCE GLOBAL ITF LTD Financials
- Company number
- 06943578CopyCopy
- Registered office
- 1 Upper Barn Grange Farm, Harewood End, Hereford, Herefordshire HR2 8JS
- Incorporated
- 24/06/2009
Company snapshot
- Status
- Active
- Employees
- 28 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
34.21%vs 20222022: £638.16K
Total Assets
1.94%vs 20222022: £5.16M
Cash in Bank
-39.31%vs 20222022: £2.28M
Total Liabilities
-2.60%vs 20222022: £4.53M
Employees
+3vs 20222022: 25
In 2023, PROVIDENCE GLOBAL ITF LTD reported net assets of £856.48K. The same filing shows total assets of £5.27M, cash in bank of £1.38M and total liabilities of £4.41M. Reported headcount was 28 in 2023. Cash in Bank fell from £2.28M in 2022 to £1.38M in 2023 (-39.31%). 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
34.21%from £638.16K 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 PROVIDENCE GLOBAL ITF LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-40.5%vs 2021-22.9% a year compound (CAGR)
Cash in Bank
+20687%vs 2021+1342% a year compound (CAGR)
Total Assets
+52.1%vs 2021+23.3% a year compound (CAGR)
Total Liabilities
+132%vs 2021+52.3% a year compound (CAGR)
Employees
+40%vs 2021+8Biggest increase
Cash in Bank+20687%
£6.65K in 2021 to £1.38M in 2023
Biggest decrease
Net Assets-40.5%
£1.44M in 2021 to £856.48K in 2023
PROVIDENCE GLOBAL ITF LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROVIDENCE GLOBAL ITF 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
- 16.27%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
- 83.73%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
- 31.35%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
- 26.25%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 PROVIDENCE GLOBAL ITF LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.44M | 638.16K | 856.48K |
| Total Assets£ | 3.46M | 5.16M | 5.27M |
| Cash in Bank£ | 6.65K | 2.28M | 1.38M |
| Total Liabilities£ | 1.90M | 4.53M | 4.41M |
| Employees | 20 | 25 | 28 |
PROVIDENCE GLOBAL ITF LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROVIDENCE GLOBAL ITF LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PROVIDENCE GLOBAL ITF LTD reported net assets of £856.48K for 2023. That compares with £638.16K in 2022, a change of 34.21%.
PROVIDENCE GLOBAL ITF LTD reported total assets of £5.27M for 2023. That compares with £5.16M in 2022, a change of 1.94%.
PROVIDENCE GLOBAL ITF LTD reported cash in bank of £1.38M for 2023. That compares with £2.28M in 2022, a change of -39.31%.
PROVIDENCE GLOBAL ITF LTD reported 28 employees in 2023, compared with 25 in 2022.
Between 2021 and 2023, PROVIDENCE GLOBAL ITF LTD's net assets fell by 40.5%, cash in bank rose by 20687%, total assets rose by 52.1% and total liabilities rose by 132%. Net assets contracted at 22.9% a year across the two years to 2023, from £1.44M to £856.48K. Reported headcount went from 20 in 2021 to 28 in 2023 (+8).
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.