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WRECKING BALL LIMITED Financials

Company number
SC425046Copy
Copy
Registered office
28 Winnipeg Drive, East Kilbride, Glasgow G75 8JB
Incorporated
28/05/2012

Company snapshot

Status
Active
Employees
58 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£62.23K2023
-40.09%vs 2022

2022: £103.88K

Total Assets

£889.14K2023
10.43%vs 2022

2022: £805.13K

Cash in Bank

£671.11K2023
8.51%vs 2022

2022: £618.46K

Total Liabilities

£826.91K2023
17.92%vs 2022

2022: £701.25K

Employees

582023
+11vs 2022

2022: 47

In 2023, WRECKING BALL LIMITED reported net assets of £62.23K. The same filing shows total assets of £889.14K, cash in bank of £671.11K and total liabilities of £826.91K. Reported headcount was 58 in 2023. Total Liabilities rose from £701.25K in 2022 to £826.91K in 2023 (17.92%). 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

£62.23K2023
-40.09%from £103.88K in 2022

Year-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 WRECKING BALL LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£144.84K2021£62.23K2023
-57%vs 2021

-34.5% a year compound (CAGR)

Cash in Bank

£614.42K2021£671.11K2023
+9.2%vs 2021

+4.5% a year compound (CAGR)

Total Assets

£781.86K2021£889.14K2023
+13.7%vs 2021

+6.6% a year compound (CAGR)

Total Liabilities

£637.02K2021£826.91K2023
+29.8%vs 2021

+13.9% a year compound (CAGR)

Employees

532021582023
+9.4%vs 2021+5

Biggest increase

Total Liabilities+29.8%

£637.02K in 2021 to £826.91K in 2023

Biggest decrease

Net Assets-57%

£144.84K in 2021 to £62.23K in 2023

WRECKING BALL LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WRECKING BALL 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
7.00%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
93.00%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
81.16%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
75.48%2023
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 WRECKING BALL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£144.84K103.88K62.23K
Total Assets£781.86K805.13K889.14K
Cash in Bank£614.42K618.46K671.11K
Total Liabilities£637.02K701.25K826.91K
Employees534758

WRECKING BALL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WRECKING BALL LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

WRECKING BALL LIMITED reported net assets of £62.23K for 2023. That compares with £103.88K in 2022, a change of -40.09%.

WRECKING BALL LIMITED reported total assets of £889.14K for 2023. That compares with £805.13K in 2022, a change of 10.43%.

WRECKING BALL LIMITED reported cash in bank of £671.11K for 2023. That compares with £618.46K in 2022, a change of 8.51%.

WRECKING BALL LIMITED reported 58 employees in 2023, compared with 47 in 2022.

Between 2021 and 2023, WRECKING BALL LIMITED's net assets fell by 57%, cash in bank rose by 9.2%, total assets rose by 13.7% and total liabilities rose by 29.8%. Net assets contracted at 34.5% a year across the two years to 2023, from £144.84K to £62.23K. Reported headcount went from 53 in 2021 to 58 in 2023 (+5).

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.