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PHYSICAL PROPERTIES TESTING LTD. Financials

Company number
09210539Copy
Copy
Registered office
Richmond Works, Lake View, Halifax HX3 6EP
Incorporated
09/09/2014

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Audit Exemption Subsidiary

Financial highlights

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

Net Assets

£2.94M2024
368.14%vs 2023

2023: £-1.10M

Total Liabilities

£27.89M2024
-6.02%vs 2023

2023: £29.68M

Employees

32024
-1vs 2023

2023: 4

In 2024, PHYSICAL PROPERTIES TESTING LTD. reported net assets of £2.94M. The same filing shows total liabilities of £27.89M. Reported headcount was 3 in 2024. Net Assets rose from £-1.10M in 2023 to £2.94M in 2024 (368.14%). 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

£2.94M2024
368.14%from £-1.10M 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 PHYSICAL PROPERTIES TESTING LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.20M2022£2.94M2024
+33.7%vs 2022

+15.6% a year compound (CAGR)

Employees

4202232024
-25%vs 2022-1

Biggest increase

Net Assets+33.7%

£2.20M in 2022 to £2.94M in 2024

Biggest decrease

Employees-25%

4 in 2022 to 3 in 2024

PHYSICAL PROPERTIES TESTING LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Financial history

Every indicator Okredo tracks, year by year.

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

Indicator2021202220232024
Net Assets£3.55M2.20M-1.10M2.94M
Total Assets£––––
Cash in Bank£––––
Total Liabilities£16.64M–29.68M27.89M
Employees4443

PHYSICAL PROPERTIES TESTING LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PHYSICAL PROPERTIES TESTING LTD. covering 2021–2024, across 3 reported indicators. The most recent reported year is 2024.

PHYSICAL PROPERTIES TESTING LTD. reported net assets of £2.94M for 2024. That compares with £-1.10M in 2023, a change of 368.14%.

PHYSICAL PROPERTIES TESTING LTD. reported total liabilities of £27.89M for 2024. That compares with £29.68M in 2023, a change of -6.02%.

PHYSICAL PROPERTIES TESTING LTD. reported 3 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, PHYSICAL PROPERTIES TESTING LTD.'s net assets rose by 33.7% and employee numbers fell by 25%. Net assets compounded at 15.6% a year across the two years to 2024, from £2.20M to £2.94M. Reported headcount went from 4 in 2022 to 3 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.