OCTAGON HEATING SERVICES LTD. Financials
- Company number
- 03261574CopyCopy
- Registered office
- 4 King Square, Bridgwater, Somerset TA6 3YF
- Incorporated
- 10/10/1996
Company snapshot
- Status
- Active
- Employees
- 22 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
4.98%vs 20242024: £425.56K
Total Assets
23.23%vs 20242024: £1.06M
Cash in Bank
-25.49%vs 20242024: £244.76K
Total Liabilities
35.54%vs 20242024: £631.33K
Employees
+3vs 20242024: 19
In 2025, OCTAGON HEATING SERVICES LTD. reported net assets of £446.75K. The same filing shows total assets of £1.30M, cash in bank of £182.36K and total liabilities of £855.69K. Reported headcount was 22 in 2025. Total Assets rose from £1.06M in 2024 to £1.30M in 2025 (23.23%). 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
4.98%from £425.56K 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 OCTAGON HEATING SERVICES LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+43.1%vs 2023+19.6% a year compound (CAGR)
Cash in Bank
-43.7%vs 2023-25% a year compound (CAGR)
Total Assets
+38.5%vs 2023+17.7% a year compound (CAGR)
Total Liabilities
+36.2%vs 2023+16.7% a year compound (CAGR)
Employees
+29.4%vs 2023+5Biggest increase
Net Assets+43.1%
£312.29K in 2023 to £446.75K in 2025
Biggest decrease
Cash in Bank-43.7%
£324.11K in 2023 to £182.36K in 2025
OCTAGON HEATING SERVICES 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OCTAGON HEATING SERVICES 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
- 34.30%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
- 65.70%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.
- Cash to liabilities
- 21.31%2025
- 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
- 14.00%2025
- 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 OCTAGON HEATING SERVICES 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£ | 302.93K | 279.54K | 312.29K | 425.56K | 446.75K |
| Total Assets£ | 1.12M | 995.94K | 940.35K | 1.06M | 1.30M |
| Cash in Bank£ | 426.65K | 261.25K | 324.11K | 244.76K | 182.36K |
| Total Liabilities£ | 812.54K | 716.40K | 628.07K | 631.33K | 855.69K |
| Employees | 22 | 18 | 17 | 19 | 22 |
OCTAGON HEATING SERVICES LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OCTAGON HEATING SERVICES LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
OCTAGON HEATING SERVICES LTD. reported net assets of £446.75K for 2025. That compares with £425.56K in 2024, a change of 4.98%.
OCTAGON HEATING SERVICES LTD. reported total assets of £1.30M for 2025. That compares with £1.06M in 2024, a change of 23.23%.
OCTAGON HEATING SERVICES LTD. reported cash in bank of £182.36K for 2025. That compares with £244.76K in 2024, a change of -25.49%.
OCTAGON HEATING SERVICES LTD. reported 22 employees in 2025, compared with 19 in 2024.
Between 2023 and 2025, OCTAGON HEATING SERVICES LTD.'s net assets rose by 43.1%, cash in bank fell by 43.7%, total assets rose by 38.5% and total liabilities rose by 36.2%. Net assets compounded at 19.6% a year across the two years to 2025, from £312.29K to £446.75K. Reported headcount went from 17 in 2023 to 22 in 2025 (+5).
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.