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SUPERIOR CUTTING LIMITED Financials

Company number
08817347Copy
Copy
Registered office
Unit 1, Link House Estate Road No.1, South Humberside Industrial Estate, Grimsby, N E Lincolnshire DN31 2TB
Incorporated
17/12/2013

Company snapshot

Status
Active
Employees
-14 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£721.45K2024
91.14%vs 2023

2023: £377.44K

Total Assets

£1.31M2024
-7.40%vs 2023

2023: £1.41M

Cash in Bank

£391.07K2024
-20.98%vs 2023

2023: £494.88K

Total Liabilities

£553.65K2024
-46.39%vs 2023

2023: £1.03M

Employees

-142024
-32vs 2023

2023: 18

In 2024, SUPERIOR CUTTING LIMITED reported net assets of £721.45K. The same filing shows total assets of £1.31M, cash in bank of £391.07K and total liabilities of £553.65K. Reported headcount was -14 in 2024. Total Liabilities fell from £1.03M in 2023 to £553.65K in 2024 (-46.39%). 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

£721.45K2024
91.14%from £377.44K 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 SUPERIOR CUTTING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£219.21K2022£721.45K2024
+229%vs 2022

+81.4% a year compound (CAGR)

Cash in Bank

£320.61K2022£391.07K2024
+22%vs 2022

+10.4% a year compound (CAGR)

Total Assets

£640.99K2022£1.31M2024
+104%vs 2022

+42.7% a year compound (CAGR)

Total Liabilities

£421.78K2022£553.65K2024
+31.3%vs 2022

+14.6% a year compound (CAGR)

Employees

172022-142024
-182%vs 2022-31

Biggest increase

Net Assets+229%

£219.21K in 2022 to £721.45K in 2024

Biggest decrease

Employees-182%

17 in 2022 to -14 in 2024

SUPERIOR CUTTING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SUPERIOR CUTTING 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
55.24%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
42.39%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
70.63%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
29.95%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 SUPERIOR CUTTING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£58.52K219.21K377.44K721.45K
Total Assets£450.70K640.99K1.41M1.31M
Cash in Bank£160.86K320.61K494.88K391.07K
Total Liabilities£392.19K421.78K1.03M553.65K
Employees171718-14

SUPERIOR CUTTING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

SUPERIOR CUTTING LIMITED reported net assets of £721.45K for 2024. That compares with £377.44K in 2023, a change of 91.14%.

SUPERIOR CUTTING LIMITED reported total assets of £1.31M for 2024. That compares with £1.41M in 2023, a change of -7.40%.

SUPERIOR CUTTING LIMITED reported cash in bank of £391.07K for 2024. That compares with £494.88K in 2023, a change of -20.98%.

SUPERIOR CUTTING LIMITED reported -14 employees in 2024, compared with 18 in 2023.

Between 2022 and 2024, SUPERIOR CUTTING LIMITED's net assets rose by 229%, cash in bank rose by 22%, total assets rose by 104% and total liabilities rose by 31.3%. Net assets compounded at 81.4% a year across the two years to 2024, from £219.21K to £721.45K. Reported headcount went from 17 in 2022 to -14 in 2024 (-31).

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.