LAY & WHEELER LIMITED Financials
- Company number
- 05730318CopyCopy
- Registered office
- Unit 6 Blackacre Road, Great Blakenham, Ipswich IP6 0FL
- Incorporated
- 06/03/2006
Company snapshot
- Status
- Active
- Employees
- 55 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-130.73%vs 20232023: £1.22M
Total Assets
-26.21%vs 20232023: £29.03M
Cash in Bank
-17.17%vs 20232023: £1.18M
Total Liabilities
-21.55%vs 20232023: £27.73M
Employees
-1vs 20232023: 56
In 2024, LAY & WHEELER LIMITED reported net assets of £-374.00K. The same filing shows total assets of £21.42M, cash in bank of £979.00K and total liabilities of £21.75M. Reported headcount was 55 in 2024. Total Assets fell from £29.03M in 2023 to £21.42M in 2024 (-26.21%). Okredo holds filed figures for 2022–2024; 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
-130.73%from £1.22M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LAY & WHEELER LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-128%vs 2022Cash in Bank
-80.6%vs 2022-56% a year compound (CAGR)
Total Assets
-23.9%vs 2022-12.7% a year compound (CAGR)
Total Liabilities
-18.6%vs 2022-9.8% a year compound (CAGR)
Employees
+31%vs 2022+13Biggest increase
Employees+31%
42 in 2022 to 55 in 2024
Biggest decrease
Net Assets-128%
£1.36M in 2022 to £-374.00K in 2024
LAY & WHEELER LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 LAY & WHEELER 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
- -1.75%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
- 101.55%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
- 4.50%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
- 4.57%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 LAY & WHEELER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.36M | 1.22M | -374.00K |
| Total Assets£ | 28.13M | 29.03M | 21.42M |
| Cash in Bank£ | 5.05M | 1.18M | 979.00K |
| Total Liabilities£ | 26.73M | 27.73M | 21.75M |
| Employees | 42 | 56 | 55 |
LAY & WHEELER LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAY & WHEELER LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
LAY & WHEELER LIMITED reported net assets of £-374.00K for 2024. That compares with £1.22M in 2023, a change of -130.73%.
LAY & WHEELER LIMITED reported total assets of £21.42M for 2024. That compares with £29.03M in 2023, a change of -26.21%.
LAY & WHEELER LIMITED reported cash in bank of £979.00K for 2024. That compares with £1.18M in 2023, a change of -17.17%.
LAY & WHEELER LIMITED reported 55 employees in 2024, compared with 56 in 2023.
Between 2022 and 2024, LAY & WHEELER LIMITED's net assets fell by 128%, cash in bank fell by 80.6%, total assets fell by 23.9% and total liabilities fell by 18.6%. Cash in bank contracted at 56% a year across the two years to 2024, from £5.05M to £979.00K. Reported headcount went from 42 in 2022 to 55 in 2024 (+13).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.