THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED Financials
- Company number
- 03940326Copy
Copy - Registered office
- Rivendell School Lane, Tregrehan Mills, St. Austell, Cornwall PL25 3TJ
- Incorporated
- 06/03/2000
Company snapshot
- Status
- Active
- Employees
- 0 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-26.11%vs 20232023: £560.04K
Total Assets
-24.08%vs 20232023: £691.89K
Cash in Bank
-95.22%vs 20232023: £23.14K
Total Liabilities
-15.46%vs 20232023: £131.85K
Employees
-4vs 20232023: 4
In 2024, THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED reported net assets of £413.81K. The same filing shows total assets of £525.27K, cash in bank of £1.11K and total liabilities of £111.46K. Reported headcount was 0 in 2024. Total Assets fell from £691.89K in 2023 to £525.27K in 2024 (-24.08%). 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
-26.11%from £560.04K 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 THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-21.2%vs 2022-11.3% a year compound (CAGR)
Cash in Bank
-98.1%vs 2022-86.1% a year compound (CAGR)
Total Assets
-20.4%vs 2022-10.8% a year compound (CAGR)
Total Liabilities
-16.1%vs 2022-8.4% a year compound (CAGR)
Employees
-100%vs 2022-7Biggest decrease
Employees-100%
7 in 2022 to 0 in 2024
Every indicator Okredo holds for THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE FINANCIAL ADVICE CENTRE (SOUTH WEST) 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
- 78.78%2024
- Liabilities to total assets
- 21.22%2024
- Cash to liabilities
- 0.99%2024
- Cash to total assets
- 0.21%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 529.37K | 525.47K | 560.04K | 413.81K |
| Total Assets£ | 705.75K | 660.18K | 691.89K | 525.27K |
| Cash in Bank£ | 139.47K | 57.39K | 23.14K | 1.11K |
| Total Liabilities£ | 174.29K | 132.91K | 131.85K | 111.46K |
| Employees | 8 | 7 | 4 | 0 |
THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED filed financial statements?
Yes. Okredo holds filed figures for THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED report in 2024?
THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED reported net assets of £413.81K for 2024. That compares with £560.04K in 2023, a change of -26.11%.
What total assets did THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED report in 2024?
THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED reported total assets of £525.27K for 2024. That compares with £691.89K in 2023, a change of -24.08%.
What cash in bank did THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED report in 2024?
THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED reported cash in bank of £1.11K for 2024. That compares with £23.14K in 2023, a change of -95.22%.
How many people does THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED employ?
THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED reported 0 employees in 2024, compared with 4 in 2023.
How have THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED financials changed over the last 3 years?
Between 2022 and 2024, THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED's net assets fell by 21.2%, cash in bank fell by 98.1%, total assets fell by 20.4% and total liabilities fell by 16.1%. Net assets contracted at 11.3% a year across the two years to 2024, from £525.47K to £413.81K. Reported headcount went from 7 in 2022 to 0 in 2024 (-7).
Which years of THE FINANCIAL ADVICE CENTRE (SOUTH WEST) LIMITED financial data are available?
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.