THE FITTER'S FRIEND LIMITED Financials
- Company number
- 03492568CopyCopy
- Registered office
- Unit P14 Parklands, Heywood Distribution Park, Heywood OL10 2TT
- Incorporated
- 14/01/1998
Company snapshot
- Status
- Active
- Employees
- 51 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
5.63%vs 20232023: £642.30K
Total Assets
7.41%vs 20232023: £2.19M
Cash in Bank
-6.99%vs 20232023: £480.05K
Total Liabilities
8.74%vs 20232023: £1.49M
Employees
-1vs 20232023: 52
In 2024, THE FITTER'S FRIEND LIMITED reported net assets of £678.49K. The same filing shows total assets of £2.36M, cash in bank of £446.48K and total liabilities of £1.62M. Reported headcount was 51 in 2024. Total Assets rose from £2.19M in 2023 to £2.36M in 2024 (7.41%). 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
5.63%from £642.30K 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 FITTER'S FRIEND LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+4.8%vs 2022+2.4% a year compound (CAGR)
Cash in Bank
+23%vs 2022+10.9% a year compound (CAGR)
Total Assets
-13.3%vs 2022-6.9% a year compound (CAGR)
Total Liabilities
-17.9%vs 2022-9.4% a year compound (CAGR)
Employees
-3.8%vs 2022-2Biggest increase
Cash in Bank+23%
£362.88K in 2022 to £446.48K in 2024
Biggest decrease
Total Liabilities-17.9%
£1.97M in 2022 to £1.62M in 2024
THE FITTER'S FRIEND LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE FITTER'S FRIEND 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
- 28.80%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
- 68.78%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
- 27.56%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
- 18.95%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 THE FITTER'S FRIEND 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£ | 623.83K | 647.40K | 642.30K | 678.49K |
| Total Assets£ | 3.24M | 2.72M | 2.19M | 2.36M |
| Cash in Bank£ | 394.85K | 362.88K | 480.05K | 446.48K |
| Total Liabilities£ | 2.46M | 1.97M | 1.49M | 1.62M |
| Employees | 66 | 53 | 52 | 51 |
THE FITTER'S FRIEND LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE FITTER'S FRIEND LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE FITTER'S FRIEND LIMITED reported net assets of £678.49K for 2024. That compares with £642.30K in 2023, a change of 5.63%.
THE FITTER'S FRIEND LIMITED reported total assets of £2.36M for 2024. That compares with £2.19M in 2023, a change of 7.41%.
THE FITTER'S FRIEND LIMITED reported cash in bank of £446.48K for 2024. That compares with £480.05K in 2023, a change of -6.99%.
THE FITTER'S FRIEND LIMITED reported 51 employees in 2024, compared with 52 in 2023.
Between 2022 and 2024, THE FITTER'S FRIEND LIMITED's net assets rose by 4.8%, cash in bank rose by 23%, total assets fell by 13.3% and total liabilities fell by 17.9%. Net assets compounded at 2.4% a year across the two years to 2024, from £647.40K to £678.49K. Reported headcount went from 53 in 2022 to 51 in 2024 (-2).
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.