ABLE TOWING LIMITED Financials
- Company number
- 03961252Copy
Copy - Registered office
- Tow Trust Towbars, Carlyon Road, Atherstone, Warwickshire CV9 1JE
- Incorporated
- 30/03/2000
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.78%vs 20232023: £18.00M
Total Assets
1.62%vs 20232023: £27.17M
Cash in Bank
-37.22%vs 20232023: £8.55M
Total Liabilities
544.50%vs 20212021: £711.91K
Employees
0vs 20232023: 4
In 2024, ABLE TOWING LIMITED reported net assets of £18.32M. The same filing shows total assets of £27.61M, cash in bank of £5.37M and total liabilities of £4.59M. Reported headcount was 4 in 2024. Total Liabilities rose from £711.91K in 2021 to £4.59M in 2022 (544.50%). 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
1.78%from £18.00M in 2023Year-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 ABLE TOWING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1.1%vs 2022+0.6% a year compound (CAGR)
Cash in Bank
-10.9%vs 2022-5.6% a year compound (CAGR)
Total Assets
-4.3%vs 2022-2.2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+1.1%
£18.12M in 2022 to £18.32M in 2024
Biggest decrease
Cash in Bank-10.9%
£6.02M in 2022 to £5.37M in 2024
ABLE TOWING LIMITED'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ABLE TOWING 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
- 66.37%2024
- Liabilities to total assets
- 15.91%2022
- Cash to liabilities
- 131.17%2022
- Cash to total assets
- 19.43%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ABLE TOWING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 18.39M | 18.12M | 18.00M | 18.32M |
| Total Assets£ | 24.65M | 28.84M | 27.17M | 27.61M |
| Cash in Bank£ | 6.47M | 6.02M | 8.55M | 5.37M |
| Total Liabilities£ | 711.91K | 4.59M | – | – |
| Employees | 4 | 4 | 4 | 4 |
ABLE TOWING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ABLE TOWING LIMITED filed financial statements?
Yes. Okredo holds filed figures for ABLE TOWING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ABLE TOWING LIMITED report in 2024?
ABLE TOWING LIMITED reported net assets of £18.32M for 2024. That compares with £18.00M in 2023, a change of 1.78%.
What total assets did ABLE TOWING LIMITED report in 2024?
ABLE TOWING LIMITED reported total assets of £27.61M for 2024. That compares with £27.17M in 2023, a change of 1.62%.
What cash in bank did ABLE TOWING LIMITED report in 2024?
ABLE TOWING LIMITED reported cash in bank of £5.37M for 2024. That compares with £8.55M in 2023, a change of -37.22%.
How many people does ABLE TOWING LIMITED employ?
ABLE TOWING LIMITED reported 4 employees in 2024, compared with 4 in 2023.
How have ABLE TOWING LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ABLE TOWING LIMITED's net assets rose by 1.1%, cash in bank fell by 10.9%, total assets fell by 4.3% and employee numbers was unchanged. Net assets compounded at 0.6% a year across the two years to 2024, from £18.12M to £18.32M. Reported headcount went from 4 in 2022 to 4 in 2024.
Which years of ABLE TOWING LIMITED financial data are available?
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.