LOTHIAN HEATING SERVICES LIMITED Financials
- Company number
- SC093613CopyCopy
- Registered office
- Edgefield Industrial Estate, Edgefield Road, Loanhead, Midlothian EH20 9TB
- Incorporated
- 04/06/1985
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
18.28%vs 20232023: £469.75K
Total Assets
21.24%vs 20232023: £630.80K
Cash in Bank
13.58%vs 20232023: £420.30K
Total Liabilities
29.87%vs 20232023: £161.05K
Employees
0vs 20232023: 15
In 2024, LOTHIAN HEATING SERVICES LIMITED reported net assets of £555.61K. The same filing shows total assets of £764.77K, cash in bank of £477.37K and total liabilities of £209.16K. Reported headcount was 15 in 2024. Total Assets rose from £630.80K in 2023 to £764.77K in 2024 (21.24%). 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
18.28%from £469.75K 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 LOTHIAN HEATING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+97.6%vs 2022+40.6% a year compound (CAGR)
Cash in Bank
+67.1%vs 2022+29.3% a year compound (CAGR)
Total Assets
+59%vs 2022+26.1% a year compound (CAGR)
Total Liabilities
+4.7%vs 2022+2.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+97.6%
£281.16K in 2022 to £555.61K in 2024
Every measure that changed in LOTHIAN HEATING SERVICES LIMITED's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LOTHIAN HEATING 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
- 72.65%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
- 27.35%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
- 228.23%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
- 62.42%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 LOTHIAN HEATING 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£ | 445.00K | 281.16K | 469.75K | 555.61K |
| Total Assets£ | 607.39K | 480.92K | 630.80K | 764.77K |
| Cash in Bank£ | 366.75K | 285.62K | 420.30K | 477.37K |
| Total Liabilities£ | 162.39K | 199.75K | 161.05K | 209.16K |
| Employees | 15 | 15 | 15 | 15 |
LOTHIAN HEATING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LOTHIAN HEATING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LOTHIAN HEATING SERVICES LIMITED reported net assets of £555.61K for 2024. That compares with £469.75K in 2023, a change of 18.28%.
LOTHIAN HEATING SERVICES LIMITED reported total assets of £764.77K for 2024. That compares with £630.80K in 2023, a change of 21.24%.
LOTHIAN HEATING SERVICES LIMITED reported cash in bank of £477.37K for 2024. That compares with £420.30K in 2023, a change of 13.58%.
LOTHIAN HEATING SERVICES LIMITED reported 15 employees in 2024, compared with 15 in 2023.
Between 2022 and 2024, LOTHIAN HEATING SERVICES LIMITED's net assets rose by 97.6%, cash in bank rose by 67.1%, total assets rose by 59% and total liabilities rose by 4.7%. Net assets compounded at 40.6% a year across the two years to 2024, from £281.16K to £555.61K. Reported headcount went from 15 in 2022 to 15 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.