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WEST KENT DEBT ADVICE Financials

Company number
06669672Copy
Copy
Registered office
Tonbridge Baptist Church, Darenth Avenue, Tonbridge TN10 3HZ
Incorporated
11/08/2008

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£98.64K2024
29.79%vs 2023

2023: £76.00K

Total Assets

£99.05K2024
24.32%vs 2023

2023: £79.68K

Total Liabilities

£415.002024
-88.71%vs 2023

2023: £3.68K

Employees

42024
0vs 2023

2023: 4

In 2024, WEST KENT DEBT ADVICE reported net assets of £98.64K. The same filing shows total assets of £99.05K and total liabilities of £415.00. Reported headcount was 4 in 2024. Net Assets rose from £76.00K in 2023 to £98.64K in 2024 (29.79%). 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

£98.64K2024
29.79%from £76.00K 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 WEST KENT DEBT ADVICE filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£92.64K2022£98.64K2024
+6.5%vs 2022

+3.2% a year compound (CAGR)

Total Assets

£96.23K2022£99.05K2024
+2.9%vs 2022

+1.5% a year compound (CAGR)

Total Liabilities

£3.59K2022£415.002024
-88.4%vs 2022

-66% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Net Assets+6.5%

£92.64K in 2022 to £98.64K in 2024

Biggest decrease

Total Liabilities-88.4%

£3.59K in 2022 to £415.00 in 2024

WEST KENT DEBT ADVICE's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 WEST KENT DEBT ADVICE'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
99.58%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
0.42%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for WEST KENT DEBT ADVICE by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£102.58K92.64K76.00K98.64K
Total Assets£102.83K96.23K79.68K99.05K
Cash in Bank£––––
Total Liabilities£253.003.59K3.68K415.00
Employees4444

WEST KENT DEBT ADVICE financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WEST KENT DEBT ADVICE covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

WEST KENT DEBT ADVICE reported net assets of £98.64K for 2024. That compares with £76.00K in 2023, a change of 29.79%.

WEST KENT DEBT ADVICE reported total assets of £99.05K for 2024. That compares with £79.68K in 2023, a change of 24.32%.

WEST KENT DEBT ADVICE reported total liabilities of £415.00 for 2024. That compares with £3.68K in 2023, a change of -88.71%.

WEST KENT DEBT ADVICE reported 4 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, WEST KENT DEBT ADVICE's net assets rose by 6.5%, total assets rose by 2.9%, total liabilities fell by 88.4% and employee numbers was unchanged. Net assets compounded at 3.2% a year across the two years to 2024, from £92.64K to £98.64K. Reported headcount went from 4 in 2022 to 4 in 2024.

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.