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WEDGE PROPERTY COMPANY LIMITED(THE) Financials

Company number
00493694Copy
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Registered office
123a Station Road East, Oxted, Surrey RH8 0QE
Incorporated
02/04/1951

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£20.65M2024
-1.53%vs 2023

2023: £20.97M

Total Assets

£22.97M2024
-5.29%vs 2023

2023: £24.25M

Cash in Bank

£12.11M2024
789.99%vs 2023

2023: £1.36M

Total Liabilities

£2.28M2024
-29.21%vs 2023

2023: £3.22M

Employees

62024
+1vs 2023

2023: 5

In 2024, WEDGE PROPERTY COMPANY LIMITED(THE) reported net assets of £20.65M. The same filing shows total assets of £22.97M, cash in bank of £12.11M and total liabilities of £2.28M. Reported headcount was 6 in 2024. Cash in Bank rose from £1.36M in 2023 to £12.11M in 2024 (789.99%). 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

£20.65M2024
-1.53%from £20.97M in 2023

Year-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 WEDGE PROPERTY COMPANY LIMITED(THE) filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£21.90M2022£20.65M2024
-5.7%vs 2022

-2.9% a year compound (CAGR)

Cash in Bank

£1.34M2022£12.11M2024
+803%vs 2022

+200% a year compound (CAGR)

Total Assets

£25.43M2022£22.97M2024
-9.7%vs 2022

-5% a year compound (CAGR)

Total Liabilities

£3.46M2022£2.28M2024
-34%vs 2022

-18.8% a year compound (CAGR)

Employees

6202262024
0%vs 2022

Biggest increase

Cash in Bank+803%

£1.34M in 2022 to £12.11M in 2024

Biggest decrease

Total Liabilities-34%

£3.46M in 2022 to £2.28M in 2024

WEDGE PROPERTY COMPANY LIMITED(THE)'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WEDGE PROPERTY COMPANY LIMITED(THE)'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
89.92%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
9.94%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
530.71%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
52.73%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 WEDGE PROPERTY COMPANY LIMITED(THE) by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£21.70M21.90M20.97M20.65M
Total Assets£27.20M25.43M24.25M22.97M
Cash in Bank£1.30M1.34M1.36M12.11M
Total Liabilities£5.46M3.46M3.22M2.28M
Employees6656

WEDGE PROPERTY COMPANY LIMITED(THE) financials: frequently asked questions

Answered from this company's own filed figures.

Has WEDGE PROPERTY COMPANY LIMITED(THE) filed financial statements?

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Yes. Okredo holds filed figures for WEDGE PROPERTY COMPANY LIMITED(THE) covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did WEDGE PROPERTY COMPANY LIMITED(THE) report in 2024?

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WEDGE PROPERTY COMPANY LIMITED(THE) reported net assets of £20.65M for 2024. That compares with £20.97M in 2023, a change of -1.53%.

What total assets did WEDGE PROPERTY COMPANY LIMITED(THE) report in 2024?

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WEDGE PROPERTY COMPANY LIMITED(THE) reported total assets of £22.97M for 2024. That compares with £24.25M in 2023, a change of -5.29%.

What cash in bank did WEDGE PROPERTY COMPANY LIMITED(THE) report in 2024?

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WEDGE PROPERTY COMPANY LIMITED(THE) reported cash in bank of £12.11M for 2024. That compares with £1.36M in 2023, a change of 789.99%.

How many people does WEDGE PROPERTY COMPANY LIMITED(THE) employ?

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WEDGE PROPERTY COMPANY LIMITED(THE) reported 6 employees in 2024, compared with 5 in 2023.

How have WEDGE PROPERTY COMPANY LIMITED(THE) financials changed over the last 3 years?

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Between 2022 and 2024, WEDGE PROPERTY COMPANY LIMITED(THE)'s net assets fell by 5.7%, cash in bank rose by 803%, total assets fell by 9.7% and total liabilities fell by 34%. Net assets contracted at 2.9% a year across the two years to 2024, from £21.90M to £20.65M. Reported headcount went from 6 in 2022 to 6 in 2024.

Which years of WEDGE PROPERTY COMPANY LIMITED(THE) financial data are available?

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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.