NUTEC INSULATIONS LTD Financials
- Company number
- 11120592CopyCopy
- Registered office
- 84 Salop Street, Wolverhampton WV3 0SR
- Incorporated
- 20/12/2017
Company snapshot
- Status
- Active
- Employees
- 61 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
530.34%vs 20232023: £28.88K
Total Assets
107.89%vs 20232023: £215.43K
Total Liabilities
42.49%vs 20232023: £186.55K
Employees
+54vs 20232023: 7
In 2024, NUTEC INSULATIONS LTD reported net assets of £182.05K. The same filing shows total assets of £447.86K and total liabilities of £265.81K. Reported headcount was 61 in 2024. Total Assets rose from £215.43K in 2023 to £447.86K in 2024 (107.89%). 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
530.34%from £28.88K 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 NUTEC INSULATIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+953%vs 2022+224% a year compound (CAGR)
Total Assets
+192%vs 2022+71% a year compound (CAGR)
Total Liabilities
+95.5%vs 2022+39.8% a year compound (CAGR)
Employees
Increasedvs 2022+61Biggest increase
Net Assets+953%
£17.29K in 2022 to £182.05K in 2024
Every indicator Okredo holds for NUTEC INSULATIONS LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NUTEC INSULATIONS 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
- 40.65%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
- 59.35%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NUTEC INSULATIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 16.91K | 17.29K | 28.88K | 182.05K |
| Total Assets£ | 235.16K | 153.23K | 215.43K | 447.86K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 218.26K | 135.93K | 186.55K | 265.81K |
| Employees | 8 | 0 | 7 | 61 |
NUTEC INSULATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NUTEC INSULATIONS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
NUTEC INSULATIONS LTD reported net assets of £182.05K for 2024. That compares with £28.88K in 2023, a change of 530.34%.
NUTEC INSULATIONS LTD reported total assets of £447.86K for 2024. That compares with £215.43K in 2023, a change of 107.89%.
NUTEC INSULATIONS LTD reported total liabilities of £265.81K for 2024. That compares with £186.55K in 2023, a change of 42.49%.
NUTEC INSULATIONS LTD reported 61 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, NUTEC INSULATIONS LTD's net assets rose by 953%, total assets rose by 192% and total liabilities rose by 95.5%. Net assets compounded at 224% a year across the two years to 2024, from £17.29K to £182.05K. Reported headcount went from 0 in 2022 to 61 in 2024 (+61).
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.