SPEED STITCH LIMITED Financials
- Company number
- 04788234CopyCopy
- Registered office
- Unit 32 Walthamstow Business Center, Clifford Road, London, Greater London E17 4SX
- Incorporated
- 05/06/2003
Company snapshot
- Status
- Active
- Employees
- 17 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
16.59K%vs 20242024: £248.00
Total Assets
-3.73%vs 20242024: £478.26K
Cash in Bank
30.74%vs 20242024: £35.35K
Total Liabilities
-10.82%vs 20242024: £351.81K
Employees
-1vs 20242024: 18
In 2025, SPEED STITCH LIMITED reported net assets of £41.39K. The same filing shows total assets of £460.43K, cash in bank of £46.21K and total liabilities of £313.76K. Reported headcount was 17 in 2025. Net Assets rose from £248.00 in 2024 to £41.39K in 2025 (16.59K%). 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
16.59K%from £248.00 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 SPEED STITCH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-25.4%vs 2023-13.6% a year compound (CAGR)
Cash in Bank
+399%vs 2023+123% a year compound (CAGR)
Total Assets
+11.9%vs 2023+5.8% a year compound (CAGR)
Total Liabilities
-11.9%vs 2023-6.1% a year compound (CAGR)
Employees
Increasedvs 2023+17Biggest increase
Cash in Bank+399%
£9.26K in 2023 to £46.21K in 2025
Biggest decrease
Net Assets-25.4%
£55.45K in 2023 to £41.39K in 2025
SPEED STITCH LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPEED STITCH 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
- 8.99%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
- 68.14%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
- 14.73%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
- 10.04%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 SPEED STITCH LIMITED 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£ | 127.52K | 126.44K | 55.45K | 248.00 | 41.39K |
| Total Assets£ | 430.90K | 388.16K | 411.45K | 478.26K | 460.43K |
| Cash in Bank£ | 105.50K | 42.31K | 9.26K | 35.35K | 46.21K |
| Total Liabilities£ | 303.38K | 261.72K | 356.00K | 351.81K | 313.76K |
| Employees | 18 | 23 | 0 | 18 | 17 |
SPEED STITCH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPEED STITCH LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SPEED STITCH LIMITED reported net assets of £41.39K for 2025. That compares with £248.00 in 2024, a change of 16.59K%.
SPEED STITCH LIMITED reported total assets of £460.43K for 2025. That compares with £478.26K in 2024, a change of -3.73%.
SPEED STITCH LIMITED reported cash in bank of £46.21K for 2025. That compares with £35.35K in 2024, a change of 30.74%.
SPEED STITCH LIMITED reported 17 employees in 2025, compared with 18 in 2024.
Between 2023 and 2025, SPEED STITCH LIMITED's net assets fell by 25.4%, cash in bank rose by 399%, total assets rose by 11.9% and total liabilities fell by 11.9%. Net assets contracted at 13.6% a year across the two years to 2025, from £55.45K to £41.39K. Reported headcount went from 0 in 2023 to 17 in 2025 (+17).
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.