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NORDIC TIPI LTD Financials

Company number
07475592Copy
Copy
Registered office
Rockhay Meadow, West Down, Ilfracombe, Devon EX34 8NH
Incorporated
21/12/2010

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£6.29K2024
-61.62%vs 2023

2023: £16.39K

Total Assets

£1.17M2024
11.87%vs 2023

2023: £1.05M

Total Liabilities

£1.17M2024
13.03%vs 2023

2023: £1.03M

Employees

42024
-1vs 2023

2023: 5

In 2024, NORDIC TIPI LTD reported net assets of £6.29K. The same filing shows total assets of £1.17M and total liabilities of £1.17M. Reported headcount was 4 in 2024. Total Liabilities rose from £1.03M in 2023 to £1.17M in 2024 (13.03%). 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

£6.29K2024
-61.62%from £16.39K in 2023

Year-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 NORDIC TIPI LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£119.62K2022£6.29K2024
-94.7%vs 2022

-77.1% a year compound (CAGR)

Total Assets

£1.08M2022£1.17M2024
+8.6%vs 2022

+4.2% a year compound (CAGR)

Total Liabilities

£962.24K2022£1.17M2024
+21.4%vs 2022

+10.2% a year compound (CAGR)

Employees

5202242024
-20%vs 2022-1

Biggest increase

Total Liabilities+21.4%

£962.24K in 2022 to £1.17M in 2024

Biggest decrease

Net Assets-94.7%

£119.62K in 2022 to £6.29K in 2024

NORDIC TIPI LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 NORDIC TIPI 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
0.54%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
99.46%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NORDIC TIPI LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£302.18K119.62K16.39K6.29K
Total Assets£1.01M1.08M1.05M1.17M
Cash in Bank£––––
Total Liabilities£706.88K962.24K1.03M1.17M
Employees3554

NORDIC TIPI LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NORDIC TIPI LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

NORDIC TIPI LTD reported net assets of £6.29K for 2024. That compares with £16.39K in 2023, a change of -61.62%.

NORDIC TIPI LTD reported total assets of £1.17M for 2024. That compares with £1.05M in 2023, a change of 11.87%.

NORDIC TIPI LTD reported total liabilities of £1.17M for 2024. That compares with £1.03M in 2023, a change of 13.03%.

NORDIC TIPI LTD reported 4 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, NORDIC TIPI LTD's net assets fell by 94.7%, total assets rose by 8.6%, total liabilities rose by 21.4% and employee numbers fell by 20%. Net assets contracted at 77.1% a year across the two years to 2024, from £119.62K to £6.29K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).

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.