HEATING WORLD OF SPARES LIMITED Financials
- Company number
- 06014278CopyCopy
- Registered office
- Unit 2 Beaumont Square Durham Way South, Aycliffe Business Park, Newton Aycliffe DL5 6XN
- Incorporated
- 30/11/2006
Company snapshot
- Status
- Active
- Employees
- 24 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
8.48%vs 20242024: £2.02M
Total Assets
9.52%vs 20242024: £2.90M
Cash in Bank
17.06%vs 20242024: £1.41M
Total Liabilities
11.92%vs 20242024: £875.61K
Employees
+2vs 20242024: 22
In 2025, HEATING WORLD OF SPARES LIMITED reported net assets of £2.20M. The same filing shows total assets of £3.18M, cash in bank of £1.65M and total liabilities of £979.95K. Reported headcount was 24 in 2025. Total Assets rose from £2.90M in 2024 to £3.18M in 2025 (9.52%). Okredo holds filed figures for 2021–2025; 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
8.48%from £2.02M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures HEATING WORLD OF SPARES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+14.1%vs 2023+6.8% a year compound (CAGR)
Cash in Bank
+41.6%vs 2023+19% a year compound (CAGR)
Total Assets
+11.6%vs 2023+5.6% a year compound (CAGR)
Total Liabilities
+6.3%vs 2023+3.1% a year compound (CAGR)
Employees
+4.3%vs 2023+1Biggest increase
Cash in Bank+41.6%
£1.16M in 2023 to £1.65M in 2025
Every indicator Okredo holds for HEATING WORLD OF SPARES LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HEATING WORLD OF SPARES 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
- 69.14%2025
- 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
- 30.86%2025
- 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
- 168.11%2025
- 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
- 51.88%2025
- 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 HEATING WORLD OF SPARES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.50M | 1.68M | 1.92M | 2.02M | 2.20M |
| Total Assets£ | 2.69M | 2.90M | 2.85M | 2.90M | 3.18M |
| Cash in Bank£ | 1.11M | 1.01M | 1.16M | 1.41M | 1.65M |
| Total Liabilities£ | 1.19M | 1.21M | 921.57K | 875.61K | 979.95K |
| Employees | 19 | 24 | 23 | 22 | 24 |
HEATING WORLD OF SPARES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HEATING WORLD OF SPARES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
HEATING WORLD OF SPARES LIMITED reported net assets of £2.20M for 2025. That compares with £2.02M in 2024, a change of 8.48%.
HEATING WORLD OF SPARES LIMITED reported total assets of £3.18M for 2025. That compares with £2.90M in 2024, a change of 9.52%.
HEATING WORLD OF SPARES LIMITED reported cash in bank of £1.65M for 2025. That compares with £1.41M in 2024, a change of 17.06%.
HEATING WORLD OF SPARES LIMITED reported 24 employees in 2025, compared with 22 in 2024.
Between 2023 and 2025, HEATING WORLD OF SPARES LIMITED's net assets rose by 14.1%, cash in bank rose by 41.6%, total assets rose by 11.6% and total liabilities rose by 6.3%. Net assets compounded at 6.8% a year across the two years to 2025, from £1.92M to £2.20M. Reported headcount went from 23 in 2023 to 24 in 2025 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.