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SOLENT POWDER FINISHERS LIMITED Financials

Company number
01661984Copy
Copy
Registered office
2-3 Brookwood Industrial Estate, Brookwood Avenue, Eastleigh, Hampshire SO50 9EY
Incorporated
06/09/1982

Company snapshot

Status
Active
Employees
13 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£13.75K2023
923.14%vs 2022

2022: £1.34K

Total Assets

£286.46K2021
First reported year

Cash in Bank

£6.54K2023
3.06K%vs 2022

2022: £207.00

Total Liabilities

£284.27K2021
First reported year

Employees

132023
-2vs 2022

2022: 15

In 2023, SOLENT POWDER FINISHERS LIMITED reported net assets of £13.75K. The same filing shows total assets of £286.46K, cash in bank of £6.54K and total liabilities of £284.27K. Reported headcount was 13 in 2023. Net Assets rose from £1.34K in 2022 to £13.75K in 2023 (923.14%). 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

£13.75K2023
923.14%from £1.34K in 2022

Year-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 SOLENT POWDER FINISHERS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£2.19K2021£13.75K2023
+527%vs 2021

+150% a year compound (CAGR)

Cash in Bank

£46.18K2021£6.54K2023
-85.8%vs 2021

-62.4% a year compound (CAGR)

Employees

132021132023
0%vs 2021

Biggest increase

Net Assets+527%

£2.19K in 2021 to £13.75K in 2023

Biggest decrease

Cash in Bank-85.8%

£46.18K in 2021 to £6.54K in 2023

SOLENT POWDER FINISHERS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SOLENT POWDER FINISHERS 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
0.77%2021
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
99.23%2021
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
16.24%2021
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
16.12%2021
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 SOLENT POWDER FINISHERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£2.19K1.34K13.75K
Total Assets£286.46K––
Cash in Bank£46.18K207.006.54K
Total Liabilities£284.27K––
Employees131513

SOLENT POWDER FINISHERS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SOLENT POWDER FINISHERS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

SOLENT POWDER FINISHERS LIMITED reported net assets of £13.75K for 2023. That compares with £1.34K in 2022, a change of 923.14%.

SOLENT POWDER FINISHERS LIMITED reported total assets of £286.46K for 2021. There is no earlier filing to compare it against.

SOLENT POWDER FINISHERS LIMITED reported cash in bank of £6.54K for 2023. That compares with £207.00 in 2022, a change of 3.06K%.

SOLENT POWDER FINISHERS LIMITED reported 13 employees in 2023, compared with 15 in 2022.

Between 2021 and 2023, SOLENT POWDER FINISHERS LIMITED's net assets rose by 527%, cash in bank fell by 85.8% and employee numbers was unchanged. Net assets compounded at 150% a year across the two years to 2023, from £2.19K to £13.75K. Reported headcount went from 13 in 2021 to 13 in 2023.

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.