SPEED STYLE PROMOTIONS LTD Financials
- Company number
- 08321125CopyCopy
- Registered office
- Speed Style Auto Centre, Ashbocking Crossroads, Ipswich, Suffolk IP6 9LA
- Incorporated
- 06/12/2012
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
18.89%vs 20232023: £134.61K
Total Assets
20.72%vs 20232023: £152.86K
Cash in Bank
9.24%vs 20212021: £66.88K
Total Liabilities
34.27%vs 20232023: £18.26K
Employees
0vs 20232023: 3
In 2024, SPEED STYLE PROMOTIONS LTD reported net assets of £160.03K. The same filing shows total assets of £184.54K, cash in bank of £73.06K and total liabilities of £24.52K. Reported headcount was 3 in 2024. Total Assets rose from £152.86K in 2023 to £184.54K in 2024 (20.72%). 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
18.89%from £134.61K 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 SPEED STYLE PROMOTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+70.4%vs 2022+30.6% a year compound (CAGR)
Total Assets
+59.9%vs 2022+26.5% a year compound (CAGR)
Total Liabilities
+38.9%vs 2022+17.9% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+70.4%
£93.89K in 2022 to £160.03K in 2024
Every measure that changed in SPEED STYLE PROMOTIONS LTD's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPEED STYLE PROMOTIONS 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
- 86.72%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.
- Liabilities to total assets
- 13.28%2024
- 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
- 414.01%2022
- 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
- 63.31%2022
- 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 SPEED STYLE PROMOTIONS 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£ | 78.55K | 93.89K | 134.61K | 160.03K |
| Total Assets£ | 116.73K | 115.41K | 152.86K | 184.54K |
| Cash in Bank£ | 66.88K | 73.06K | – | – |
| Total Liabilities£ | 29.64K | 17.65K | 18.26K | 24.52K |
| Employees | 4 | 3 | 3 | 3 |
SPEED STYLE PROMOTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPEED STYLE PROMOTIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPEED STYLE PROMOTIONS LTD reported net assets of £160.03K for 2024. That compares with £134.61K in 2023, a change of 18.89%.
SPEED STYLE PROMOTIONS LTD reported total assets of £184.54K for 2024. That compares with £152.86K in 2023, a change of 20.72%.
SPEED STYLE PROMOTIONS LTD reported cash in bank of £73.06K for 2022. That compares with £66.88K in 2021, a change of 9.24%.
SPEED STYLE PROMOTIONS LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, SPEED STYLE PROMOTIONS LTD's net assets rose by 70.4%, total assets rose by 59.9%, total liabilities rose by 38.9% and employee numbers was unchanged. Net assets compounded at 30.6% a year across the two years to 2024, from £93.89K to £160.03K. Reported headcount went from 3 in 2022 to 3 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.