THORNBANK HOLDINGS LIMITED Financials
- Company number
- 06059976Copy
Copy - Registered office
- 1 Argosy Court, Scimitar Way, Coventry CV3 4GA
- Incorporated
- 22/01/2007
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-12.58%vs 20222022: £152.55K
Total Assets
-38.65%vs 20222022: £3.86M
Cash in Bank
-39.01%vs 20222022: £3.84M
Total Liabilities
-39.72%vs 20222022: £3.71M
Employees
0vs 20222022: 4
In 2023, THORNBANK HOLDINGS LIMITED reported net assets of £133.36K. The same filing shows total assets of £2.37M, cash in bank of £2.34M and total liabilities of £2.23M. Reported headcount was 4 in 2023. Cash in Bank fell from £3.84M in 2022 to £2.34M in 2023 (-39.01%). Okredo holds filed figures for 2021–2023; 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
-12.58%from £152.55K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures THORNBANK HOLDINGS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-32.5%vs 2021-17.8% a year compound (CAGR)
Cash in Bank
+2286%vs 2021+388% a year compound (CAGR)
Total Assets
-39.4%vs 2021-22.2% a year compound (CAGR)
Total Liabilities
-39.8%vs 2021-22.4% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+2286%
£98.11K in 2021 to £2.34M in 2023
Biggest decrease
Total Liabilities-39.8%
£3.71M in 2021 to £2.23M in 2023
THORNBANK HOLDINGS LIMITED's filings pull in both directions between 2021 and 2023. 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 THORNBANK HOLDINGS 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
- 5.63%2023
- Liabilities to total assets
- 94.37%2023
- Cash to liabilities
- 104.80%2023
- Cash to total assets
- 98.90%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.
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 THORNBANK HOLDINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 197.59K | 152.55K | 133.36K |
| Total Assets£ | 3.91M | 3.86M | 2.37M |
| Cash in Bank£ | 98.11K | 3.84M | 2.34M |
| Total Liabilities£ | 3.71M | 3.71M | 2.23M |
| Employees | 4 | 4 | 4 |
THORNBANK HOLDINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THORNBANK HOLDINGS LIMITED filed financial statements?
Yes. Okredo holds filed figures for THORNBANK HOLDINGS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did THORNBANK HOLDINGS LIMITED report in 2023?
THORNBANK HOLDINGS LIMITED reported net assets of £133.36K for 2023. That compares with £152.55K in 2022, a change of -12.58%.
What total assets did THORNBANK HOLDINGS LIMITED report in 2023?
THORNBANK HOLDINGS LIMITED reported total assets of £2.37M for 2023. That compares with £3.86M in 2022, a change of -38.65%.
What cash in bank did THORNBANK HOLDINGS LIMITED report in 2023?
THORNBANK HOLDINGS LIMITED reported cash in bank of £2.34M for 2023. That compares with £3.84M in 2022, a change of -39.01%.
How many people does THORNBANK HOLDINGS LIMITED employ?
THORNBANK HOLDINGS LIMITED reported 4 employees in 2023, compared with 4 in 2022.
How have THORNBANK HOLDINGS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, THORNBANK HOLDINGS LIMITED's net assets fell by 32.5%, cash in bank rose by 2286%, total assets fell by 39.4% and total liabilities fell by 39.8%. Net assets contracted at 17.8% a year across the two years to 2023, from £197.59K to £133.36K. Reported headcount went from 4 in 2021 to 4 in 2023.
Which years of THORNBANK HOLDINGS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.