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WIS ACCOUNTANCY LTD Financials

Company number
06866878Copy
Copy
Registered office
4 Imperial Place,, Maxwell Road,, Borehamwood WD6 1JN
Incorporated
01/04/2009

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£389.87K2024
24.43%vs 2023

2023: £313.32K

Total Assets

£730.89K2024
35.02%vs 2023

2023: £541.31K

Cash in Bank

£40.28K2024
-68.50%vs 2023

2023: £127.88K

Total Liabilities

£298.54K2024
61.45%vs 2023

2023: £184.92K

Employees

102024
+2vs 2023

2023: 8

In 2024, WIS ACCOUNTANCY LTD reported net assets of £389.87K. The same filing shows total assets of £730.89K, cash in bank of £40.28K and total liabilities of £298.54K. Reported headcount was 10 in 2024. Total Assets rose from £541.31K in 2023 to £730.89K in 2024 (35.02%). 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

£389.87K2024
24.43%from £313.32K 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 WIS ACCOUNTANCY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£294.15K2022£389.87K2024
+32.5%vs 2022

+15.1% a year compound (CAGR)

Cash in Bank

£133.20K2022£40.28K2024
-69.8%vs 2022

-45% a year compound (CAGR)

Total Assets

£541.46K2022£730.89K2024
+35%vs 2022

+16.2% a year compound (CAGR)

Total Liabilities

£194.02K2022£298.54K2024
+53.9%vs 2022

+24% a year compound (CAGR)

Employees

82022102024
+25%vs 2022+2

Biggest increase

Total Liabilities+53.9%

£194.02K in 2022 to £298.54K in 2024

Biggest decrease

Cash in Bank-69.8%

£133.20K in 2022 to £40.28K in 2024

WIS ACCOUNTANCY LTD'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 WIS ACCOUNTANCY LTD'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
53.34%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
40.85%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
13.49%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
5.51%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 WIS ACCOUNTANCY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£261.81K294.15K313.32K389.87K
Total Assets£536.93K541.46K541.31K730.89K
Cash in Bank£91.09K133.20K127.88K40.28K
Total Liabilities£213.19K194.02K184.92K298.54K
Employees38810

WIS ACCOUNTANCY LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WIS ACCOUNTANCY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

WIS ACCOUNTANCY LTD reported net assets of £389.87K for 2024. That compares with £313.32K in 2023, a change of 24.43%.

WIS ACCOUNTANCY LTD reported total assets of £730.89K for 2024. That compares with £541.31K in 2023, a change of 35.02%.

WIS ACCOUNTANCY LTD reported cash in bank of £40.28K for 2024. That compares with £127.88K in 2023, a change of -68.50%.

WIS ACCOUNTANCY LTD reported 10 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, WIS ACCOUNTANCY LTD's net assets rose by 32.5%, cash in bank fell by 69.8%, total assets rose by 35% and total liabilities rose by 53.9%. Net assets compounded at 15.1% a year across the two years to 2024, from £294.15K to £389.87K. Reported headcount went from 8 in 2022 to 10 in 2024 (+2).

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.