UKCPS Limited, a well-established entity in the UK’s parking management landscape, has successfully carved a significant niche for itself. In this article, we will provide an analytical glance at how UKCPS Limited has financially evolved over the years. Specifically, we will focus on the role that KADOE inquiries have played in this financial progression.
Financial Evolution: A Year-by-Year Analysis
2019 – Setting the Pace: UKCPS kicked off the year by logging a solid number of KADOE inquiries, totaling 70,658. These inquiries resulted in debtors amounting to £386,604 and left cash at the bank standing at a modest £14,406. Meanwhile, the company reported fixed assets worth £335,059. The year concluded with UKCPS boasting net assets of £387,272.
2020 – A Dip and Surge: Interestingly, the KADOE inquiries took a sharp fall to 36,093, a significant drop of 48.9%. Correspondingly, the debtors lowered to £178,581. However, there was a substantial increase in cash at bank, which soared to £208,502. The fixed assets grew slightly to £366,596, with net assets almost mirroring the previous year at £384,238, suggesting a year of strategic consolidation.
2021 – Gaining Momentum: In the following year, UKCPS Limited experienced a rebound, with KADOE inquiries climbing up to 63,367. This increase positively impacted their financials, resulting in debtors reaching £335,581 and an improvement in cash at bank to £253,025. Concurrently, the company maintained its asset value, reporting fixed assets at £361,389. Furthermore, net assets received a significant boost, escalating impressively by 44.6% to £555,730.
2022 – Reaching New Heights: The upward trend continued into 2022 as KADOE inquiries peaked at 81,065. The debtor’s figure grew to £401,989, and the cash at bank witnessed a notable increase to £562,646. Fixed assets also escalated to £477,231. The net assets burgeoned to £984,085, marking an impressive hike of 77.1% from the previous year.
| Year | KADOE Inquires | Debtors | Cash at bank | Fixed Assets | Net Assets |
| 2019 | 70,658 | £386,604 | £14,406 | £335,059.00 | £387,272 |
| 2020 | 36,093 | £178,581 | £208,502 | £366,596.00 | £384,238 |
| 2021 | 63,367 | £335,581 | £253,025 | £361,389.00 | £555,730 |
| 2022 | 81,065 | £401,989 | £562,646 | £477,231.00 | £984,085 |
KADOE Inquiries and Their Financial Correlation
KADOE inquiries are a robust indicator of a parking control company's activity levels. For UKCPS Limited, the growth in inquiries correlates with enhanced financial performance, particularly notable in cash at bank and net assets. This suggests that the company not only managed to efficiently convert these inquiries into revenue but also strategically allocate resources for sustained growth.
Governance and Oversight at UKCPS Limited
Under the governance of the International Parking Community, UKCPS Limited adheres to stringent parking management standards, maintaining a level of service that resonates with integrity and professionalism. This external oversight may well contribute to the company's strong financial position by ensuring operational excellence.
Concluding Financial Health Statement
The financial data points toward a robust growth trajectory for UKCPS Limited, with remarkable resilience in increasing its net assets, especially in the face of fluctuating KADOE inquiries. The consistent increase in cash reserves underscores a healthy liquidity position, reflecting the company's strategic financial planning and execution.
Your Interaction with UKCPS Limited
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