HEAT INSULATION LTD Financials
- Company number
- 02406649CopyCopy
- Registered office
- Crowle House, Crowle Street, Hull HU9 1RH
- Incorporated
- 21/07/1989
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
84.29%vs 20232023: £-227.93K
Total Assets
53.04%vs 20232023: £248.67K
Cash in Bank
159.11%vs 20232023: £42.92K
Total Liabilities
-12.64%vs 20232023: £476.60K
Employees
+2vs 20232023: 14
In 2024, HEAT INSULATION LTD reported net assets of £-35.80K. The same filing shows total assets of £380.56K, cash in bank of £111.20K and total liabilities of £416.36K. Reported headcount was 16 in 2024. Net Assets rose from £-227.93K in 2023 to £-35.80K in 2024 (84.29%). 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
84.29%from £-227.93K 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 HEAT INSULATION LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+643%vs 2022+173% a year compound (CAGR)
Total Assets
+58.4%vs 2022+25.8% a year compound (CAGR)
Total Liabilities
-22.1%vs 2022-11.7% a year compound (CAGR)
Employees
+23.1%vs 2022+3Biggest increase
Cash in Bank+643%
£14.97K in 2022 to £111.20K in 2024
Biggest decrease
Total Liabilities-22.1%
£534.15K in 2022 to £416.36K in 2024
HEAT INSULATION LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 HEAT INSULATION 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
- -9.41%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
- 109.41%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
- 26.71%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
- 29.22%2024
- 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 HEAT INSULATION 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£ | -169.05K | -293.83K | -227.93K | -35.80K |
| Total Assets£ | 243.22K | 240.32K | 248.67K | 380.56K |
| Cash in Bank£ | 9.36K | 14.97K | 42.92K | 111.20K |
| Total Liabilities£ | 412.27K | 534.15K | 476.60K | 416.36K |
| Employees | 13 | 13 | 14 | 16 |
HEAT INSULATION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HEAT INSULATION LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HEAT INSULATION LTD reported net assets of £-35.80K for 2024. That compares with £-227.93K in 2023, a change of 84.29%.
HEAT INSULATION LTD reported total assets of £380.56K for 2024. That compares with £248.67K in 2023, a change of 53.04%.
HEAT INSULATION LTD reported cash in bank of £111.20K for 2024. That compares with £42.92K in 2023, a change of 159.11%.
HEAT INSULATION LTD reported 16 employees in 2024, compared with 14 in 2023.
Between 2022 and 2024, HEAT INSULATION LTD's cash in bank rose by 643%, total assets rose by 58.4%, total liabilities fell by 22.1% and employee numbers rose by 23.1%. Cash in bank compounded at 173% a year across the two years to 2024, from £14.97K to £111.20K. Reported headcount went from 13 in 2022 to 16 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.