HMS WELDING LIMITED Financials
- Company number
- 04249649CopyCopy
- Registered office
- Unit 11 Louvain Street, Failsworth, Manchester M35 0XB
- Incorporated
- 10/07/2001
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
13.32%vs 20232023: £191.61K
Total Assets
22.48%vs 20232023: £437.08K
Cash in Bank
70.63%vs 20232023: £187.69K
Total Liabilities
43.86%vs 20232023: £188.07K
Employees
+2vs 20232023: 11
In 2024, HMS WELDING LIMITED reported net assets of £217.13K. The same filing shows total assets of £535.32K, cash in bank of £320.26K and total liabilities of £270.55K. Reported headcount was 13 in 2024. Cash in Bank rose from £187.69K in 2023 to £320.26K in 2024 (70.63%). 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
13.32%from £191.61K 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 HMS WELDING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-0.9%vs 2022-0.5% a year compound (CAGR)
Cash in Bank
+40.3%vs 2022+18.4% a year compound (CAGR)
Total Assets
+10.3%vs 2022+5% a year compound (CAGR)
Total Liabilities
+37.4%vs 2022+17.2% a year compound (CAGR)
Employees
+18.2%vs 2022+2Biggest increase
Cash in Bank+40.3%
£228.33K in 2022 to £320.26K in 2024
Biggest decrease
Net Assets-0.9%
£219.18K in 2022 to £217.13K in 2024
HMS WELDING LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HMS WELDING 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
- 40.56%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
- 50.54%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
- 118.37%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
- 59.83%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 HMS WELDING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 195.19K | 219.18K | 191.61K | 217.13K |
| Total Assets£ | 478.06K | 485.49K | 437.08K | 535.32K |
| Cash in Bank£ | 250.87K | 228.33K | 187.69K | 320.26K |
| Total Liabilities£ | 224.70K | 196.94K | 188.07K | 270.55K |
| Employees | 11 | 11 | 11 | 13 |
HMS WELDING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HMS WELDING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HMS WELDING LIMITED reported net assets of £217.13K for 2024. That compares with £191.61K in 2023, a change of 13.32%.
HMS WELDING LIMITED reported total assets of £535.32K for 2024. That compares with £437.08K in 2023, a change of 22.48%.
HMS WELDING LIMITED reported cash in bank of £320.26K for 2024. That compares with £187.69K in 2023, a change of 70.63%.
HMS WELDING LIMITED reported 13 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, HMS WELDING LIMITED's net assets fell by 0.9%, cash in bank rose by 40.3%, total assets rose by 10.3% and total liabilities rose by 37.4%. Net assets contracted at 0.5% a year across the two years to 2024, from £219.18K to £217.13K. Reported headcount went from 11 in 2022 to 13 in 2024 (+2).
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.