ULTIMA FURNITURE SYSTEMS LIMITED Financials
- Company number
- 01918871CopyCopy
- Registered office
- 105 Wigmore Street, London W1U 1QY
- Incorporated
- 04/06/1985
Company snapshot
- Status
- Active
- Employees
- 529 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.81%vs 20232023: £47.06M
Total Assets
0.88%vs 20232023: £127.45M
Cash in Bank
149.26%vs 20232023: £1.27M
Total Liabilities
11.38%vs 20232023: £25.15M
Employees
+8vs 20232023: 521
In 2024, ULTIMA FURNITURE SYSTEMS LIMITED reported net assets of £47.44M. The same filing shows total assets of £128.57M, cash in bank of £3.17M and total liabilities of £28.01M. Reported headcount was 529 in 2024. Total Liabilities rose from £25.15M in 2023 to £28.01M in 2024 (11.38%). 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
0.81%from £47.06M 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 ULTIMA FURNITURE SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-2.7%vs 2022-1.4% a year compound (CAGR)
Cash in Bank
-69.5%vs 2022-44.8% a year compound (CAGR)
Total Assets
+24.5%vs 2022+11.6% a year compound (CAGR)
Total Liabilities
+89.9%vs 2022+37.8% a year compound (CAGR)
Employees
+14%vs 2022+65Biggest increase
Total Liabilities+89.9%
£14.75M in 2022 to £28.01M in 2024
Biggest decrease
Cash in Bank-69.5%
£10.39M in 2022 to £3.17M in 2024
ULTIMA FURNITURE SYSTEMS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ULTIMA FURNITURE SYSTEMS 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
- 36.90%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
- 21.79%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
- 11.31%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
- 2.46%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £209.76K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ULTIMA FURNITURE SYSTEMS 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£ | 42.30M | 48.78M | 47.06M | 47.44M |
| Total Assets£ | 59.61M | 103.25M | 127.45M | 128.57M |
| Cash in Bank£ | 14.71M | 10.39M | 1.27M | 3.17M |
| Total Liabilities£ | 17.31M | 14.75M | 25.15M | 28.01M |
| Employees | 429 | 464 | 521 | 529 |
ULTIMA FURNITURE SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ULTIMA FURNITURE SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ULTIMA FURNITURE SYSTEMS LIMITED reported net assets of £47.44M for 2024. That compares with £47.06M in 2023, a change of 0.81%.
ULTIMA FURNITURE SYSTEMS LIMITED reported total assets of £128.57M for 2024. That compares with £127.45M in 2023, a change of 0.88%.
ULTIMA FURNITURE SYSTEMS LIMITED reported cash in bank of £3.17M for 2024. That compares with £1.27M in 2023, a change of 149.26%.
ULTIMA FURNITURE SYSTEMS LIMITED reported 529 employees in 2024, compared with 521 in 2023.
Between 2022 and 2024, ULTIMA FURNITURE SYSTEMS LIMITED's net assets fell by 2.7%, cash in bank fell by 69.5%, total assets rose by 24.5% and total liabilities rose by 89.9%. Net assets contracted at 1.4% a year across the two years to 2024, from £48.78M to £47.44M. Reported headcount went from 464 in 2022 to 529 in 2024 (+65).
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.