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FLAME PIPEFITTING INSTALLATION COMPANY LIMITED Financials

Company number
01130185Copy
Copy
Registered office
25 Metro Centre, Britannia Way, London NW10 7PA
Incorporated
21/08/1973

Company snapshot

Status
Active
Employees
6 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£83.59K2023
59.03%vs 2022

2022: £52.56K

Total Assets

£301.42K2023
116.72%vs 2022

2022: £139.08K

Cash in Bank

£102.65K2023
144.94%vs 2022

2022: £41.91K

Total Liabilities

£217.83K2023
151.77%vs 2022

2022: £86.52K

Employees

62023
0vs 2022

2022: 6

In 2023, FLAME PIPEFITTING INSTALLATION COMPANY LIMITED reported net assets of £83.59K. The same filing shows total assets of £301.42K, cash in bank of £102.65K and total liabilities of £217.83K. Reported headcount was 6 in 2023. Total Assets rose from £139.08K in 2022 to £301.42K in 2023 (116.72%). Okredo holds filed figures for 2021–2023; 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

£83.59K2023
59.03%from £52.56K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures FLAME PIPEFITTING INSTALLATION COMPANY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£40.46K2021£83.59K2023
+107%vs 2021

+43.7% a year compound (CAGR)

Cash in Bank

£125.24K2021£102.65K2023
-18%vs 2021

-9.5% a year compound (CAGR)

Total Assets

£195.84K2021£301.42K2023
+53.9%vs 2021

+24.1% a year compound (CAGR)

Total Liabilities

£155.38K2021£217.83K2023
+40.2%vs 2021

+18.4% a year compound (CAGR)

Employees

6202162023
0%vs 2021

Biggest increase

Net Assets+107%

£40.46K in 2021 to £83.59K in 2023

Biggest decrease

Cash in Bank-18%

£125.24K in 2021 to £102.65K in 2023

FLAME PIPEFITTING INSTALLATION COMPANY LIMITED's filings pull in both directions between 2021 and 2023. 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 FLAME PIPEFITTING INSTALLATION COMPANY 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
27.73%2023
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
72.27%2023
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
47.12%2023
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
34.06%2023
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 FLAME PIPEFITTING INSTALLATION COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£40.46K52.56K83.59K
Total Assets£195.84K139.08K301.42K
Cash in Bank£125.24K41.91K102.65K
Total Liabilities£155.38K86.52K217.83K
Employees666

FLAME PIPEFITTING INSTALLATION COMPANY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FLAME PIPEFITTING INSTALLATION COMPANY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

FLAME PIPEFITTING INSTALLATION COMPANY LIMITED reported net assets of £83.59K for 2023. That compares with £52.56K in 2022, a change of 59.03%.

FLAME PIPEFITTING INSTALLATION COMPANY LIMITED reported total assets of £301.42K for 2023. That compares with £139.08K in 2022, a change of 116.72%.

FLAME PIPEFITTING INSTALLATION COMPANY LIMITED reported cash in bank of £102.65K for 2023. That compares with £41.91K in 2022, a change of 144.94%.

FLAME PIPEFITTING INSTALLATION COMPANY LIMITED reported 6 employees in 2023, compared with 6 in 2022.

Between 2021 and 2023, FLAME PIPEFITTING INSTALLATION COMPANY LIMITED's net assets rose by 107%, cash in bank fell by 18%, total assets rose by 53.9% and total liabilities rose by 40.2%. Net assets compounded at 43.7% a year across the two years to 2023, from £40.46K to £83.59K. Reported headcount went from 6 in 2021 to 6 in 2023.

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.