THE HASTINGS SOFA COMPANY LIMITED Financials
- Company number
- 11706027CopyCopy
- Registered office
- The Hastings Sofa Company Limited, Menzies Road, St Leonards-On-Sea TN38 9XF
- Incorporated
- 30/11/2018
Company snapshot
- Status
- Active
- Employees
- 45 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
104.67%vs 20242024: £-75.73K
Total Assets
-7.83%vs 20242024: £1.02M
Cash in Bank
-2.65%vs 20242024: £64.80K
Total Liabilities
-14.54%vs 20242024: £1.09M
Employees
-6vs 20242024: 51
In 2025, THE HASTINGS SOFA COMPANY LIMITED reported net assets of £3.53K. The same filing shows total assets of £937.70K, cash in bank of £63.08K and total liabilities of £934.16K. Reported headcount was 45 in 2025. Total Liabilities fell from £1.09M in 2024 to £934.16K in 2025 (-14.54%). Okredo holds filed figures for 2021–2025; 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
104.67%from £-75.73K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures THE HASTINGS SOFA COMPANY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+241%vs 2023+84.7% a year compound (CAGR)
Total Assets
+53%vs 2023+23.7% a year compound (CAGR)
Total Liabilities
+38.3%vs 2023+17.6% a year compound (CAGR)
Employees
+25%vs 2023+9Biggest increase
Cash in Bank+241%
£18.48K in 2023 to £63.08K in 2025
Every indicator Okredo holds for THE HASTINGS SOFA COMPANY LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE HASTINGS SOFA COMPANY 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
- 0.38%2025
- 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
- 99.62%2025
- 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
- 6.75%2025
- 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
- 6.73%2025
- 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 HASTINGS SOFA COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.09K | 16.30K | -62.45K | -75.73K | 3.53K |
| Total Assets£ | 436.52K | 647.17K | 612.94K | 1.02M | 937.70K |
| Cash in Bank£ | 112.94K | 143.16K | 18.48K | 64.80K | 63.08K |
| Total Liabilities£ | 435.44K | 630.87K | 675.39K | 1.09M | 934.16K |
| Employees | 24 | 36 | 36 | 51 | 45 |
THE HASTINGS SOFA COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE HASTINGS SOFA COMPANY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THE HASTINGS SOFA COMPANY LIMITED reported net assets of £3.53K for 2025. That compares with £-75.73K in 2024, a change of 104.67%.
THE HASTINGS SOFA COMPANY LIMITED reported total assets of £937.70K for 2025. That compares with £1.02M in 2024, a change of -7.83%.
THE HASTINGS SOFA COMPANY LIMITED reported cash in bank of £63.08K for 2025. That compares with £64.80K in 2024, a change of -2.65%.
THE HASTINGS SOFA COMPANY LIMITED reported 45 employees in 2025, compared with 51 in 2024.
Between 2023 and 2025, THE HASTINGS SOFA COMPANY LIMITED's cash in bank rose by 241%, total assets rose by 53%, total liabilities rose by 38.3% and employee numbers rose by 25%. Cash in bank compounded at 84.7% a year across the two years to 2025, from £18.48K to £63.08K. Reported headcount went from 36 in 2023 to 45 in 2025 (+9).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.