DIRECT LINE TIMBER LTD. Financials
- Company number
- SC155945CopyCopy
- Registered office
- C/O DOUGLAS J MARTIN, 40/42 Brantwood Avenue, Dundee DD3 6EW
- Incorporated
- 14/02/1995
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
17.08%vs 20232023: £560.01K
Total Assets
12.58%vs 20232023: £668.42K
Total Liabilities
-10.62%vs 20232023: £108.41K
Employees
-1vs 20232023: 5
In 2024, DIRECT LINE TIMBER LTD. reported net assets of £655.64K. The same filing shows total assets of £752.53K and total liabilities of £96.89K. Reported headcount was 4 in 2024. Net Assets rose from £560.01K in 2023 to £655.64K in 2024 (17.08%). 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
17.08%from £560.01K 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 DIRECT LINE TIMBER LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+23.2%vs 2022+11% a year compound (CAGR)
Total Assets
+16.1%vs 2022+7.7% a year compound (CAGR)
Total Liabilities
-16.5%vs 2022-8.6% a year compound (CAGR)
Employees
Increasedvs 2022+4Biggest increase
Net Assets+23.2%
£532.31K in 2022 to £655.64K in 2024
Biggest decrease
Total Liabilities-16.5%
£115.98K in 2022 to £96.89K in 2024
DIRECT LINE TIMBER LTD.'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DIRECT LINE TIMBER 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
- 87.12%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
- 12.88%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DIRECT LINE TIMBER LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 469.09K | 532.31K | 560.01K | 655.64K |
| Total Assets£ | 581.58K | 648.29K | 668.42K | 752.53K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 112.49K | 115.98K | 108.41K | 96.89K |
| Employees | 5 | 0 | 5 | 4 |
DIRECT LINE TIMBER LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DIRECT LINE TIMBER LTD. covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
DIRECT LINE TIMBER LTD. reported net assets of £655.64K for 2024. That compares with £560.01K in 2023, a change of 17.08%.
DIRECT LINE TIMBER LTD. reported total assets of £752.53K for 2024. That compares with £668.42K in 2023, a change of 12.58%.
DIRECT LINE TIMBER LTD. reported total liabilities of £96.89K for 2024. That compares with £108.41K in 2023, a change of -10.62%.
DIRECT LINE TIMBER LTD. reported 4 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, DIRECT LINE TIMBER LTD.'s net assets rose by 23.2%, total assets rose by 16.1% and total liabilities fell by 16.5%. Net assets compounded at 11% a year across the two years to 2024, from £532.31K to £655.64K. Reported headcount went from 0 in 2022 to 4 in 2024 (+4).
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.