EQUIP4WORK LTD Financials
- Company number
- 05209361CopyCopy
- Registered office
- Riga Wharf, 380 Bristol Road, Gloucester, Gloucestershire GL2 5DH
- Incorporated
- 18/08/2004
Company snapshot
- Status
- Active
- Employees
- 0 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
23.16%vs 20232023: £1.27M
Total Assets
-4.23%vs 20232023: £7.11M
Cash in Bank
9.58%vs 20232023: £54.04K
Total Liabilities
-11.42%vs 20232023: £4.91M
Employees
-24vs 20232023: 24
In 2024, EQUIP4WORK LTD reported net assets of £1.57M. The same filing shows total assets of £6.81M, cash in bank of £59.22K and total liabilities of £4.35M. Reported headcount was 0 in 2024. Total Liabilities fell from £4.91M in 2023 to £4.35M in 2024 (-11.42%). 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
23.16%from £1.27M 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 EQUIP4WORK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-45.3%vs 2022-26% a year compound (CAGR)
Cash in Bank
-90.5%vs 2022-69.2% a year compound (CAGR)
Total Assets
-35.1%vs 2022-19.4% a year compound (CAGR)
Total Liabilities
-33.9%vs 2022-18.7% a year compound (CAGR)
Employees
-100%vs 2022-64Biggest decrease
Employees-100%
64 in 2022 to 0 in 2024
Every indicator Okredo holds for EQUIP4WORK LTD fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EQUIP4WORK 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
- 23.00%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
- 63.94%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.
- Cash to liabilities
- 1.36%2024
- 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
- 0.87%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £1.33M2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for EQUIP4WORK 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£ | 2.36M | 2.86M | 1.27M | 1.57M |
| Total Assets£ | 15.42M | 10.49M | 7.11M | 6.81M |
| Cash in Bank£ | 240.93K | 622.56K | 54.04K | 59.22K |
| Total Liabilities£ | 11.90M | 6.59M | 4.91M | 4.35M |
| Employees | 78 | 64 | 24 | 0 |
EQUIP4WORK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EQUIP4WORK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
EQUIP4WORK LTD reported net assets of £1.57M for 2024. That compares with £1.27M in 2023, a change of 23.16%.
EQUIP4WORK LTD reported total assets of £6.81M for 2024. That compares with £7.11M in 2023, a change of -4.23%.
EQUIP4WORK LTD reported cash in bank of £59.22K for 2024. That compares with £54.04K in 2023, a change of 9.58%.
EQUIP4WORK LTD reported 0 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, EQUIP4WORK LTD's net assets fell by 45.3%, cash in bank fell by 90.5%, total assets fell by 35.1% and total liabilities fell by 33.9%. Net assets contracted at 26% a year across the two years to 2024, from £2.86M to £1.57M. Reported headcount went from 64 in 2022 to 0 in 2024 (-64).
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.