LAUNDRY & WORKWEAR SERVICES LIMITED Financials
- Company number
- 02633854CopyCopy
- Registered office
- Unit 12, Oldham Brewery Industrial Estate, Off Coldhurst Road, Oldham OL1 2BQ
- Incorporated
- 31/07/1991
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
82.30%vs 20232023: £27.61K
Total Assets
27.09%vs 20232023: £176.88K
Cash in Bank
851.34%vs 20232023: £5.77K
Total Liabilities
16.87%vs 20232023: £149.27K
Employees
0vs 20232023: 10
In 2024, LAUNDRY & WORKWEAR SERVICES LIMITED reported net assets of £50.33K. The same filing shows total assets of £224.78K, cash in bank of £54.85K and total liabilities of £174.45K. Reported headcount was 10 in 2024. Cash in Bank rose from £5.77K in 2023 to £54.85K in 2024 (851.34%). 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
82.30%from £27.61K 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 LAUNDRY & WORKWEAR SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+21.7%vs 2022+10.3% a year compound (CAGR)
Cash in Bank
+149%vs 2022+57.9% a year compound (CAGR)
Total Assets
+28.1%vs 2022+13.2% a year compound (CAGR)
Total Liabilities
+30.1%vs 2022+14% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+149%
£21.99K in 2022 to £54.85K in 2024
Every measure that changed in LAUNDRY & WORKWEAR SERVICES LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LAUNDRY & WORKWEAR SERVICES 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
- 22.39%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
- 77.61%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
- 31.44%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
- 24.40%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 LAUNDRY & WORKWEAR SERVICES 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£ | 44.06K | 41.36K | 27.61K | 50.33K |
| Total Assets£ | 196.26K | 175.48K | 176.88K | 224.78K |
| Cash in Bank£ | 38.85K | 21.99K | 5.77K | 54.85K |
| Total Liabilities£ | 152.20K | 134.13K | 149.27K | 174.45K |
| Employees | 11 | 10 | 10 | 10 |
LAUNDRY & WORKWEAR SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAUNDRY & WORKWEAR SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LAUNDRY & WORKWEAR SERVICES LIMITED reported net assets of £50.33K for 2024. That compares with £27.61K in 2023, a change of 82.30%.
LAUNDRY & WORKWEAR SERVICES LIMITED reported total assets of £224.78K for 2024. That compares with £176.88K in 2023, a change of 27.09%.
LAUNDRY & WORKWEAR SERVICES LIMITED reported cash in bank of £54.85K for 2024. That compares with £5.77K in 2023, a change of 851.34%.
LAUNDRY & WORKWEAR SERVICES LIMITED reported 10 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, LAUNDRY & WORKWEAR SERVICES LIMITED's net assets rose by 21.7%, cash in bank rose by 149%, total assets rose by 28.1% and total liabilities rose by 30.1%. Net assets compounded at 10.3% a year across the two years to 2024, from £41.36K to £50.33K. Reported headcount went from 10 in 2022 to 10 in 2024.
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.