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STORAGEFFECTIVE LIMITED Financials

Company number
03682134Copy
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Registered office
8 Cross Street, Beeston, Nottingham NG9 2NX
Incorporated
11/12/1998

Company snapshot

Status
Active
Employees
2 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-15.76K2024
-175.66%vs 2023

2023: £20.83K

Total Assets

£167.87K2024
8.89%vs 2023

2023: £154.16K

Cash in Bank

£160.12K2024
10.00%vs 2023

2023: £145.57K

Total Liabilities

£183.62K2024
37.72%vs 2023

2023: £133.33K

Employees

22024
-1vs 2023

2023: 3

In 2024, STORAGEFFECTIVE LIMITED reported net assets of £-15.76K. The same filing shows total assets of £167.87K, cash in bank of £160.12K and total liabilities of £183.62K. Reported headcount was 2 in 2024. Total Liabilities rose from £133.33K in 2023 to £183.62K in 2024 (37.72%). 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

£-15.76K2024
-175.66%from £20.83K 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 STORAGEFFECTIVE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£34.51K2022£-15.76K2024
-146%vs 2022

Cash in Bank

£120.20K2022£160.12K2024
+33.2%vs 2022

+15.4% a year compound (CAGR)

Total Assets

£132.84K2022£167.87K2024
+26.4%vs 2022

+12.4% a year compound (CAGR)

Total Liabilities

£98.33K2022£183.62K2024
+86.7%vs 2022

+36.7% a year compound (CAGR)

Employees

4202222024
-50%vs 2022-2

Biggest increase

Total Liabilities+86.7%

£98.33K in 2022 to £183.62K in 2024

Biggest decrease

Net Assets-146%

£34.51K in 2022 to £-15.76K in 2024

STORAGEFFECTIVE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 STORAGEFFECTIVE 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
-9.39%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
109.39%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
87.20%2024

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
95.38%2024

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 STORAGEFFECTIVE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£62.25K34.51K20.83K-15.76K
Total Assets£149.05K132.84K154.16K167.87K
Cash in Bank£140.50K120.20K145.57K160.12K
Total Liabilities£86.80K98.33K133.33K183.62K
Employees4432

STORAGEFFECTIVE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has STORAGEFFECTIVE LIMITED filed financial statements?

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

What net assets did STORAGEFFECTIVE LIMITED report in 2024?

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STORAGEFFECTIVE LIMITED reported net assets of £-15.76K for 2024. That compares with £20.83K in 2023, a change of -175.66%.

What total assets did STORAGEFFECTIVE LIMITED report in 2024?

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STORAGEFFECTIVE LIMITED reported total assets of £167.87K for 2024. That compares with £154.16K in 2023, a change of 8.89%.

What cash in bank did STORAGEFFECTIVE LIMITED report in 2024?

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STORAGEFFECTIVE LIMITED reported cash in bank of £160.12K for 2024. That compares with £145.57K in 2023, a change of 10.00%.

How many people does STORAGEFFECTIVE LIMITED employ?

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STORAGEFFECTIVE LIMITED reported 2 employees in 2024, compared with 3 in 2023.

How have STORAGEFFECTIVE LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, STORAGEFFECTIVE LIMITED's net assets fell by 146%, cash in bank rose by 33.2%, total assets rose by 26.4% and total liabilities rose by 86.7%. Cash in bank compounded at 15.4% a year across the two years to 2024, from £120.20K to £160.12K. Reported headcount went from 4 in 2022 to 2 in 2024 (-2).

Which years of STORAGEFFECTIVE LIMITED financial data are available?

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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.