WELLS CATHEDRAL ENTERPRISES LIMITED Financials
- Company number
- 01778666CopyCopy
- Registered office
- 16 Market Place Wells Cathedral Offices, 1st & 2nd Floors, 16 Market Place, Wells, Somerset BA5 2RB
- Incorporated
- 16/12/1983
Company snapshot
- Status
- Active
- Employees
- 36 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
2.08%vs 20232023: £62.70K
Total Assets
-12.81%vs 20232023: £181.45K
Cash in Bank
-28.41%vs 20232023: £114.35K
Total Liabilities
-22.77%vs 20232023: £112.32K
Employees
+7vs 20232023: 29
In 2024, WELLS CATHEDRAL ENTERPRISES LIMITED reported net assets of £64.01K. The same filing shows total assets of £158.21K, cash in bank of £81.86K and total liabilities of £86.74K. Reported headcount was 36 in 2024. Cash in Bank fell from £114.35K in 2023 to £81.86K in 2024 (-28.41%). 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
2.08%from £62.70K 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 WELLS CATHEDRAL ENTERPRISES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-3.7%vs 2022-1.9% a year compound (CAGR)
Cash in Bank
-38.1%vs 2022-21.4% a year compound (CAGR)
Total Assets
-25.3%vs 2022-13.5% a year compound (CAGR)
Total Liabilities
-35.6%vs 2022-19.8% a year compound (CAGR)
Employees
+89.5%vs 2022+17Biggest increase
Employees+89.5%
19 in 2022 to 36 in 2024
Biggest decrease
Cash in Bank-38.1%
£132.35K in 2022 to £81.86K in 2024
WELLS CATHEDRAL ENTERPRISES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 WELLS CATHEDRAL ENTERPRISES 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
- 40.46%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
- 54.83%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
- 94.38%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
- 51.74%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 WELLS CATHEDRAL ENTERPRISES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 66.45K | 62.70K | 64.01K |
| Total Assets£ | 211.65K | 181.45K | 158.21K |
| Cash in Bank£ | 132.35K | 114.35K | 81.86K |
| Total Liabilities£ | 134.70K | 112.32K | 86.74K |
| Employees | 19 | 29 | 36 |
WELLS CATHEDRAL ENTERPRISES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WELLS CATHEDRAL ENTERPRISES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
WELLS CATHEDRAL ENTERPRISES LIMITED reported net assets of £64.01K for 2024. That compares with £62.70K in 2023, a change of 2.08%.
WELLS CATHEDRAL ENTERPRISES LIMITED reported total assets of £158.21K for 2024. That compares with £181.45K in 2023, a change of -12.81%.
WELLS CATHEDRAL ENTERPRISES LIMITED reported cash in bank of £81.86K for 2024. That compares with £114.35K in 2023, a change of -28.41%.
WELLS CATHEDRAL ENTERPRISES LIMITED reported 36 employees in 2024, compared with 29 in 2023.
Between 2022 and 2024, WELLS CATHEDRAL ENTERPRISES LIMITED's net assets fell by 3.7%, cash in bank fell by 38.1%, total assets fell by 25.3% and total liabilities fell by 35.6%. Net assets contracted at 1.9% a year across the two years to 2024, from £66.45K to £64.01K. Reported headcount went from 19 in 2022 to 36 in 2024 (+17).
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.