PHIPPS & CO TEXTILE PRODUCTS LIMITED Financials
- Company number
- 05473427CopyCopy
- Registered office
- Unit 1 Ashby Road, Towcester NN12 6PG
- Incorporated
- 07/06/2005
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-15.29%vs 20232023: £8.41M
Total Assets
-14.10%vs 20232023: £10.23M
Cash in Bank
-40.70%vs 20232023: £2.11M
Total Liabilities
-8.55%vs 20232023: £1.82M
Employees
-1vs 20232023: 17
In 2024, PHIPPS & CO TEXTILE PRODUCTS LIMITED reported net assets of £7.12M. The same filing shows total assets of £8.79M, cash in bank of £1.25M and total liabilities of £1.66M. Reported headcount was 16 in 2024. Total Assets fell from £10.23M in 2023 to £8.79M in 2024 (-14.10%). 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
-15.29%from £8.41M 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 PHIPPS & CO TEXTILE PRODUCTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-0.8%vs 2022-0.4% a year compound (CAGR)
Cash in Bank
+9.5%vs 2022+4.7% a year compound (CAGR)
Total Assets
-1.8%vs 2022-0.9% a year compound (CAGR)
Total Liabilities
-6.2%vs 2022-3.1% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+9.5%
£1.14M in 2022 to £1.25M in 2024
Biggest decrease
Total Liabilities-6.2%
£1.77M in 2022 to £1.66M in 2024
PHIPPS & CO TEXTILE PRODUCTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PHIPPS & CO TEXTILE PRODUCTS LIMITED'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
- 81.09%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
- 18.91%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.
- Cash to liabilities
- 75.33%2024
- 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
- 14.25%2024
- 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 PHIPPS & CO TEXTILE PRODUCTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 6.14M | 7.18M | 8.41M | 7.12M |
| Total Assets£ | 7.71M | 8.95M | 10.23M | 8.79M |
| Cash in Bank£ | 1.60M | 1.14M | 2.11M | 1.25M |
| Total Liabilities£ | 1.57M | 1.77M | 1.82M | 1.66M |
| Employees | 16 | 16 | 17 | 16 |
PHIPPS & CO TEXTILE PRODUCTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHIPPS & CO TEXTILE PRODUCTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PHIPPS & CO TEXTILE PRODUCTS LIMITED reported net assets of £7.12M for 2024. That compares with £8.41M in 2023, a change of -15.29%.
PHIPPS & CO TEXTILE PRODUCTS LIMITED reported total assets of £8.79M for 2024. That compares with £10.23M in 2023, a change of -14.10%.
PHIPPS & CO TEXTILE PRODUCTS LIMITED reported cash in bank of £1.25M for 2024. That compares with £2.11M in 2023, a change of -40.70%.
PHIPPS & CO TEXTILE PRODUCTS LIMITED reported 16 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, PHIPPS & CO TEXTILE PRODUCTS LIMITED's net assets fell by 0.8%, cash in bank rose by 9.5%, total assets fell by 1.8% and total liabilities fell by 6.2%. Net assets contracted at 0.4% a year across the two years to 2024, from £7.18M to £7.12M. Reported headcount went from 16 in 2022 to 16 in 2024.
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.