THE FROME INDEPENDENT C.I.C. Financials
- Company number
- 06862981CopyCopy
- Industry
- Retail sale via stalls and markets of food beverages and tobacco products (47.81 - SIC 2007)
- Registered office
- 6b Palmer Street, Frome BA11 1DS
- Incorporated
- 30/03/2009
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
62.01%vs 20232023: £31.52K
Total Assets
1.95%vs 20222022: £35.41K
Cash in Bank
66.40%vs 20232023: £36.10K
Total Liabilities
-100.00%vs 20212021: £27.55K
Employees
0vs 20232023: 3
In 2024, THE FROME INDEPENDENT C.I.C. reported net assets of £51.06K. The same filing shows total assets of £36.10K, cash in bank of £60.08K and total liabilities of £0.00. Reported headcount was 3 in 2024. Total Liabilities fell from £27.55K in 2021 to £0.00 in 2022 (-100.00%). 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
62.01%from £31.52K 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 FROME INDEPENDENT C.I.C. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+74.6%vs 2022+32.1% a year compound (CAGR)
Cash in Bank
+71.7%vs 2022+31% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+74.6%
£29.24K in 2022 to £51.06K in 2024
Every measure that changed in THE FROME INDEPENDENT C.I.C.'s filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE FROME INDEPENDENT C.I.C.'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
- 87.30%2023
- 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.
- Cash to liabilities
- 199.85%2021
- 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
- 100.00%2023
- 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 FROME INDEPENDENT C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 22.45K | 29.24K | 31.52K | 51.06K |
| Total Assets£ | 60.70K | 35.41K | 36.10K | – |
| Cash in Bank£ | 55.06K | 35.00K | 36.10K | 60.08K |
| Total Liabilities£ | 27.55K | 0.00 | – | – |
| Employees | 3 | 3 | 3 | 3 |
THE FROME INDEPENDENT C.I.C. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE FROME INDEPENDENT C.I.C. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE FROME INDEPENDENT C.I.C. reported net assets of £51.06K for 2024. That compares with £31.52K in 2023, a change of 62.01%.
THE FROME INDEPENDENT C.I.C. reported total assets of £36.10K for 2023. That compares with £35.41K in 2022, a change of 1.95%.
THE FROME INDEPENDENT C.I.C. reported cash in bank of £60.08K for 2024. That compares with £36.10K in 2023, a change of 66.40%.
THE FROME INDEPENDENT C.I.C. reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, THE FROME INDEPENDENT C.I.C.'s net assets rose by 74.6%, cash in bank rose by 71.7% and employee numbers was unchanged. Net assets compounded at 32.1% a year across the two years to 2024, from £29.24K to £51.06K. 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.