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L TEES OFFSHORE LIMITED Financials

Company number
07703004Copy
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Registered office
7 Eggleston Court, Middlesbrough TS2 1RU
Incorporated
13/07/2011

Company snapshot

Status
Active
Employees
2 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£46.90K2025
34.90%vs 2024

2024: £34.77K

Total Assets

£92.38K2025
57.55%vs 2024

2024: £58.63K

Total Liabilities

£45.48K2025
90.53%vs 2024

2024: £23.87K

Employees

22025
+2vs 2024

2024: 0

In 2025, L TEES OFFSHORE LIMITED reported net assets of £46.90K. The same filing shows total assets of £92.38K and total liabilities of £45.48K. Reported headcount was 2 in 2025. Total Assets rose from £58.63K in 2024 to £92.38K in 2025 (57.55%). 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

£46.90K2025
34.90%from £34.77K in 2024

Year-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 L TEES OFFSHORE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£120.40K2023£46.90K2025
-61%vs 2023

-37.6% a year compound (CAGR)

Total Assets

£182.95K2023£92.38K2025
-49.5%vs 2023

-28.9% a year compound (CAGR)

Total Liabilities

£62.56K2023£45.48K2025
-27.3%vs 2023

-14.7% a year compound (CAGR)

Employees

0202322025
Increasedvs 2023+2

Biggest decrease

Net Assets-61%

£120.40K in 2023 to £46.90K in 2025

L TEES OFFSHORE LIMITED's filings pull in both directions between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from L TEES OFFSHORE 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
50.77%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
49.23%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for L TEES OFFSHORE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£89.40K82.06K120.40K34.77K46.90K
Total Assets£154.42K130.73K182.95K58.63K92.38K
Cash in Bank£–––––
Total Liabilities£65.02K48.67K62.56K23.87K45.48K
Employees21002

L TEES OFFSHORE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has L TEES OFFSHORE LIMITED filed financial statements?

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Yes. Okredo holds filed figures for L TEES OFFSHORE LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did L TEES OFFSHORE LIMITED report in 2025?

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L TEES OFFSHORE LIMITED reported net assets of £46.90K for 2025. That compares with £34.77K in 2024, a change of 34.90%.

What total assets did L TEES OFFSHORE LIMITED report in 2025?

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L TEES OFFSHORE LIMITED reported total assets of £92.38K for 2025. That compares with £58.63K in 2024, a change of 57.55%.

What total liabilities did L TEES OFFSHORE LIMITED report in 2025?

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L TEES OFFSHORE LIMITED reported total liabilities of £45.48K for 2025. That compares with £23.87K in 2024, a change of 90.53%.

How many people does L TEES OFFSHORE LIMITED employ?

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L TEES OFFSHORE LIMITED reported 2 employees in 2025, compared with 0 in 2024.

How have L TEES OFFSHORE LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, L TEES OFFSHORE LIMITED's net assets fell by 61%, total assets fell by 49.5% and total liabilities fell by 27.3%. Net assets contracted at 37.6% a year across the two years to 2025, from £120.40K to £46.90K. Reported headcount went from 0 in 2023 to 2 in 2025 (+2).

Which years of L TEES OFFSHORE LIMITED financial data are available?

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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.