NICHOLLS THERMAL INSULATION LTD Financials
- Company number
- 08334266CopyCopy
- Registered office
- 46 Roebuck Road, Walsall, West Midlands WS3 1AL
- Incorporated
- 18/12/2012
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
37.29%vs 20242024: £62.76K
Total Assets
8.67%vs 20242024: £133.43K
Total Liabilities
-16.74%vs 20242024: £70.67K
Employees
0vs 20242024: 2
In 2025, NICHOLLS THERMAL INSULATION LTD reported net assets of £86.17K. The same filing shows total assets of £145.00K and total liabilities of £58.84K. Reported headcount was 2 in 2025. Net Assets rose from £62.76K in 2024 to £86.17K in 2025 (37.29%). 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
37.29%from £62.76K in 2024Year-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 NICHOLLS THERMAL INSULATION LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+193%vs 2023+71.1% a year compound (CAGR)
Total Assets
+26.9%vs 2023+12.6% a year compound (CAGR)
Total Liabilities
-30.7%vs 2023-16.7% a year compound (CAGR)
Employees
-33.3%vs 2023-1Biggest increase
Net Assets+193%
£29.43K in 2023 to £86.17K in 2025
Biggest decrease
Employees-33.3%
3 in 2023 to 2 in 2025
NICHOLLS THERMAL INSULATION LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NICHOLLS THERMAL INSULATION LTD'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
- 59.42%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
- 40.58%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 NICHOLLS THERMAL INSULATION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 26.73K | 19.02K | 29.43K | 62.76K | 86.17K |
| Total Assets£ | 158.22K | 100.94K | 114.28K | 133.43K | 145.00K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 131.49K | 81.92K | 84.85K | 70.67K | 58.84K |
| Employees | 3 | 3 | 3 | 2 | 2 |
NICHOLLS THERMAL INSULATION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NICHOLLS THERMAL INSULATION LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
NICHOLLS THERMAL INSULATION LTD reported net assets of £86.17K for 2025. That compares with £62.76K in 2024, a change of 37.29%.
NICHOLLS THERMAL INSULATION LTD reported total assets of £145.00K for 2025. That compares with £133.43K in 2024, a change of 8.67%.
NICHOLLS THERMAL INSULATION LTD reported total liabilities of £58.84K for 2025. That compares with £70.67K in 2024, a change of -16.74%.
NICHOLLS THERMAL INSULATION LTD reported 2 employees in 2025, compared with 2 in 2024.
Between 2023 and 2025, NICHOLLS THERMAL INSULATION LTD's net assets rose by 193%, total assets rose by 26.9%, total liabilities fell by 30.7% and employee numbers fell by 33.3%. Net assets compounded at 71.1% a year across the two years to 2025, from £29.43K to £86.17K. Reported headcount went from 3 in 2023 to 2 in 2025 (-1).
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.