XPRESS GARAGE & TYRES LTD Financials
- Company number
- 12039111CopyCopy
- Registered office
- Unit 3 Tregoniggie Industrial Estate, Falmouth TR11 4SN
- Incorporated
- 07/06/2019
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
23.64%vs 20222022: £89.34K
Total Assets
3.51%vs 20222022: £235.02K
Cash in Bank
-74.42%vs 20222022: £155.57K
Total Liabilities
-8.84%vs 20222022: £145.67K
Employees
0vs 20222022: 10
In 2023, XPRESS GARAGE & TYRES LTD reported net assets of £110.47K. The same filing shows total assets of £243.26K, cash in bank of £39.80K and total liabilities of £132.80K. Reported headcount was 10 in 2023. Cash in Bank fell from £155.57K in 2022 to £39.80K in 2023 (-74.42%). 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
23.64%from £89.34K in 2022Year-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 XPRESS GARAGE & TYRES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+36%vs 2021+16.6% a year compound (CAGR)
Cash in Bank
-79.1%vs 2021-54.3% a year compound (CAGR)
Total Assets
-31.2%vs 2021-17.1% a year compound (CAGR)
Total Liabilities
-48.3%vs 2021-28.1% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+36%
£81.22K in 2021 to £110.47K in 2023
Biggest decrease
Cash in Bank-79.1%
£190.76K in 2021 to £39.80K in 2023
XPRESS GARAGE & TYRES LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 XPRESS GARAGE & TYRES 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
- 45.41%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
- 54.59%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
- 29.97%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
- 16.36%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 XPRESS GARAGE & TYRES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 81.22K | 89.34K | 110.47K |
| Total Assets£ | 353.60K | 235.02K | 243.26K |
| Cash in Bank£ | 190.76K | 155.57K | 39.80K |
| Total Liabilities£ | 256.67K | 145.67K | 132.80K |
| Employees | 10 | 10 | 10 |
XPRESS GARAGE & TYRES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for XPRESS GARAGE & TYRES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
XPRESS GARAGE & TYRES LTD reported net assets of £110.47K for 2023. That compares with £89.34K in 2022, a change of 23.64%.
XPRESS GARAGE & TYRES LTD reported total assets of £243.26K for 2023. That compares with £235.02K in 2022, a change of 3.51%.
XPRESS GARAGE & TYRES LTD reported cash in bank of £39.80K for 2023. That compares with £155.57K in 2022, a change of -74.42%.
XPRESS GARAGE & TYRES LTD reported 10 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, XPRESS GARAGE & TYRES LTD's net assets rose by 36%, cash in bank fell by 79.1%, total assets fell by 31.2% and total liabilities fell by 48.3%. Net assets compounded at 16.6% a year across the two years to 2023, from £81.22K to £110.47K. Reported headcount went from 10 in 2021 to 10 in 2023.
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.