TORELLI FURNITURE (UK) LTD Financials
- Company number
- SC514085CopyCopy
- Registered office
- 42 Nithsdale Road, Glasgow G41 2AN
- Incorporated
- 26/08/2015
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
94.17%vs 20232023: £172.58K
Total Assets
11.21%vs 20232023: £1.40M
Cash in Bank
19.24%vs 20232023: £565.50K
Total Liabilities
-0.42%vs 20232023: £1.23M
Employees
0vs 20232023: 5
In 2024, TORELLI FURNITURE (UK) LTD reported net assets of £335.10K. The same filing shows total assets of £1.56M, cash in bank of £674.29K and total liabilities of £1.22M. Reported headcount was 5 in 2024. Net Assets rose from £172.58K in 2023 to £335.10K in 2024 (94.17%). Okredo holds filed figures for 2022–2024; 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
94.17%from £172.58K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TORELLI FURNITURE (UK) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-38.7%vs 2022-21.7% a year compound (CAGR)
Cash in Bank
+128%vs 2022+51% a year compound (CAGR)
Total Assets
+2.6%vs 2022+1.3% a year compound (CAGR)
Total Liabilities
+25.7%vs 2022+12.1% a year compound (CAGR)
Employees
+66.7%vs 2022+2Biggest increase
Cash in Bank+128%
£295.85K in 2022 to £674.29K in 2024
Biggest decrease
Net Assets-38.7%
£546.80K in 2022 to £335.10K in 2024
TORELLI FURNITURE (UK) LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TORELLI FURNITURE (UK) LTD'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
- 21.48%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
- 78.52%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
- 55.05%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
- 43.23%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 TORELLI FURNITURE (UK) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 546.80K | 172.58K | 335.10K |
| Total Assets£ | 1.52M | 1.40M | 1.56M |
| Cash in Bank£ | 295.85K | 565.50K | 674.29K |
| Total Liabilities£ | 974.01K | 1.23M | 1.22M |
| Employees | 3 | 5 | 5 |
TORELLI FURNITURE (UK) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TORELLI FURNITURE (UK) LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
TORELLI FURNITURE (UK) LTD reported net assets of £335.10K for 2024. That compares with £172.58K in 2023, a change of 94.17%.
TORELLI FURNITURE (UK) LTD reported total assets of £1.56M for 2024. That compares with £1.40M in 2023, a change of 11.21%.
TORELLI FURNITURE (UK) LTD reported cash in bank of £674.29K for 2024. That compares with £565.50K in 2023, a change of 19.24%.
TORELLI FURNITURE (UK) LTD reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, TORELLI FURNITURE (UK) LTD's net assets fell by 38.7%, cash in bank rose by 128%, total assets rose by 2.6% and total liabilities rose by 25.7%. Net assets contracted at 21.7% a year across the two years to 2024, from £546.80K to £335.10K. Reported headcount went from 3 in 2022 to 5 in 2024 (+2).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.