FELT TEC LTD Financials
- Company number
- 05846238CopyCopy
- Registered office
- Unit 1 Spafield Mill, Upper Road, Batley, West Yorkshire WF17 7LR
- Incorporated
- 14/06/2006
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
35.89%vs 20232023: £63.04K
Total Assets
36.06%vs 20232023: £163.78K
Total Liabilities
37.05%vs 20232023: £99.29K
Employees
-2vs 20232023: 8
In 2024, FELT TEC LTD reported net assets of £85.67K. The same filing shows total assets of £222.84K and total liabilities of £136.08K. Reported headcount was 6 in 2024. Total Assets rose from £163.78K in 2023 to £222.84K in 2024 (36.06%). 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
35.89%from £63.04K 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 FELT TEC LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-4.1%vs 2022-2.1% a year compound (CAGR)
Total Assets
+62.1%vs 2022+27.3% a year compound (CAGR)
Total Liabilities
+194%vs 2022+71.5% a year compound (CAGR)
Employees
-33.3%vs 2022-3Biggest increase
Total Liabilities+194%
£46.26K in 2022 to £136.08K in 2024
Biggest decrease
Employees-33.3%
9 in 2022 to 6 in 2024
FELT TEC LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FELT TEC 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
- 38.45%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
- 61.07%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 FELT TEC 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£ | 100.90K | 89.32K | 63.04K | 85.67K |
| Total Assets£ | 103.16K | 137.50K | 163.78K | 222.84K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | -301.00 | 46.26K | 99.29K | 136.08K |
| Employees | 9 | 9 | 8 | 6 |
FELT TEC LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FELT TEC LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
FELT TEC LTD reported net assets of £85.67K for 2024. That compares with £63.04K in 2023, a change of 35.89%.
FELT TEC LTD reported total assets of £222.84K for 2024. That compares with £163.78K in 2023, a change of 36.06%.
FELT TEC LTD reported total liabilities of £136.08K for 2024. That compares with £99.29K in 2023, a change of 37.05%.
FELT TEC LTD reported 6 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, FELT TEC LTD's net assets fell by 4.1%, total assets rose by 62.1%, total liabilities rose by 194% and employee numbers fell by 33.3%. Net assets contracted at 2.1% a year across the two years to 2024, from £89.32K to £85.67K. Reported headcount went from 9 in 2022 to 6 in 2024 (-3).
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.