UNITED BRIGHT BAR CO. LIMITED Financials
- Company number
- 01376360CopyCopy
- Registered office
- Unit 4 Four Ashes Industrial Estate Station Road, Four Ashes, Wolverhampton, West Midlands WV10 7DG
- Incorporated
- 30/06/1978
Company snapshot
- Status
- Active
- Employees
- 29 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
27.62%vs 20222022: £2.31M
Total Assets
5.49%vs 20222022: £7.35M
Cash in Bank
172.76%vs 20222022: £691.19K
Total Liabilities
-4.66%vs 20222022: £5.04M
Employees
+1vs 20222022: 28
In 2023, UNITED BRIGHT BAR CO. LIMITED reported net assets of £2.95M. The same filing shows total assets of £7.76M, cash in bank of £1.89M and total liabilities of £4.81M. Reported headcount was 29 in 2023. Cash in Bank rose from £691.19K in 2022 to £1.89M in 2023 (172.76%). 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
27.62%from £2.31M 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 UNITED BRIGHT BAR CO. LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+107%vs 2021+43.9% a year compound (CAGR)
Cash in Bank
+264%vs 2021+90.7% a year compound (CAGR)
Total Assets
+51.2%vs 2021+23% a year compound (CAGR)
Total Liabilities
+29.7%vs 2021+13.9% a year compound (CAGR)
Employees
+3.6%vs 2021+1Biggest increase
Cash in Bank+264%
£518.50K in 2021 to £1.89M in 2023
Every indicator Okredo holds for UNITED BRIGHT BAR CO. LIMITED rose between 2021 and 2023. 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 UNITED BRIGHT BAR CO. 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
- 38.04%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.
- Liabilities to total assets
- 61.96%2023
- 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
- 39.22%2023
- 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
- 24.30%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £580.39K2023
- 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 UNITED BRIGHT BAR CO. LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.43M | 2.31M | 2.95M |
| Total Assets£ | 5.13M | 7.35M | 7.76M |
| Cash in Bank£ | 518.50K | 691.19K | 1.89M |
| Total Liabilities£ | 3.71M | 5.04M | 4.81M |
| Employees | 28 | 28 | 29 |
UNITED BRIGHT BAR CO. LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for UNITED BRIGHT BAR CO. LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
UNITED BRIGHT BAR CO. LIMITED reported net assets of £2.95M for 2023. That compares with £2.31M in 2022, a change of 27.62%.
UNITED BRIGHT BAR CO. LIMITED reported total assets of £7.76M for 2023. That compares with £7.35M in 2022, a change of 5.49%.
UNITED BRIGHT BAR CO. LIMITED reported cash in bank of £1.89M for 2023. That compares with £691.19K in 2022, a change of 172.76%.
UNITED BRIGHT BAR CO. LIMITED reported 29 employees in 2023, compared with 28 in 2022.
Between 2021 and 2023, UNITED BRIGHT BAR CO. LIMITED's net assets rose by 107%, cash in bank rose by 264%, total assets rose by 51.2% and total liabilities rose by 29.7%. Net assets compounded at 43.9% a year across the two years to 2023, from £1.43M to £2.95M. Reported headcount went from 28 in 2021 to 29 in 2023 (+1).
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.