OFFSHORE WORKFORCE LTD Financials
- Company number
- 08616504Copy
Copy - Registered office
- 22 Ridley Place, Newcastle Upon Tyne NE1 8JW
- Incorporated
- 19/07/2013
Company snapshot
- Status
- Active
- Employees
- 1 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-2.19%vs 20242024: £348.99K
Total Assets
-8.12%vs 20242024: £879.50K
Cash in Bank
86.70%vs 20242024: £1.12K
Total Liabilities
0.31%vs 20242024: £465.29K
Employees
0vs 20242024: 1
In 2025, OFFSHORE WORKFORCE LTD reported net assets of £341.36K. The same filing shows total assets of £808.07K, cash in bank of £2.09K and total liabilities of £466.72K. Reported headcount was 1 in 2025. Total Assets fell from £879.50K in 2024 to £808.07K in 2025 (-8.12%). 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
-2.19%from £348.99K 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 OFFSHORE WORKFORCE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-8.6%vs 2023-4.4% a year compound (CAGR)
Total Assets
+88.6%vs 2023+37.3% a year compound (CAGR)
Total Liabilities
+748%vs 2023+191% a year compound (CAGR)
Employees
-80%vs 2023-4Biggest increase
Total Liabilities+748%
£55.04K in 2023 to £466.72K in 2025
Biggest decrease
Employees-80%
5 in 2023 to 1 in 2025
OFFSHORE WORKFORCE LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 OFFSHORE WORKFORCE 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
- 42.24%2025
- Liabilities to total assets
- 57.76%2025
- Cash to liabilities
- 0.45%2025
- Cash to total assets
- 0.26%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 OFFSHORE WORKFORCE 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£ | 418.97K | 413.50K | 373.52K | 348.99K | 341.36K |
| Total Assets£ | 675.36K | 746.88K | 428.56K | 879.50K | 808.07K |
| Cash in Bank£ | – | – | – | 1.12K | 2.09K |
| Total Liabilities£ | 256.39K | 333.37K | 55.04K | 465.29K | 466.72K |
| Employees | 5 | 5 | 5 | 1 | 1 |
OFFSHORE WORKFORCE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has OFFSHORE WORKFORCE LTD filed financial statements?
Yes. Okredo holds filed figures for OFFSHORE WORKFORCE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did OFFSHORE WORKFORCE LTD report in 2025?
OFFSHORE WORKFORCE LTD reported net assets of £341.36K for 2025. That compares with £348.99K in 2024, a change of -2.19%.
What total assets did OFFSHORE WORKFORCE LTD report in 2025?
OFFSHORE WORKFORCE LTD reported total assets of £808.07K for 2025. That compares with £879.50K in 2024, a change of -8.12%.
What cash in bank did OFFSHORE WORKFORCE LTD report in 2025?
OFFSHORE WORKFORCE LTD reported cash in bank of £2.09K for 2025. That compares with £1.12K in 2024, a change of 86.70%.
How many people does OFFSHORE WORKFORCE LTD employ?
OFFSHORE WORKFORCE LTD reported 1 employee in 2025, compared with 1 in 2024.
How have OFFSHORE WORKFORCE LTD financials changed over the last 3 years?
Between 2023 and 2025, OFFSHORE WORKFORCE LTD's net assets fell by 8.6%, total assets rose by 88.6%, total liabilities rose by 748% and employee numbers fell by 80%. Net assets contracted at 4.4% a year across the two years to 2025, from £373.52K to £341.36K. Reported headcount went from 5 in 2023 to 1 in 2025 (-4).
Which years of OFFSHORE WORKFORCE LTD financial data are available?
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.