STAINLESS TUBE & NEEDLE COMPANY LIMITED Financials
- Company number
- 02374498CopyCopy
- Registered office
- Gagarin Apollo, Lichfield Road Industrial Estate, Tamworth, Staffordshire B79 7GN
- Incorporated
- 20/04/1989
Company snapshot
- Status
- Active
- Employees
- 16 (2026)
- Latest financial data
- 2026
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
10.06%vs 20252025: £4.48M
Total Assets
6.68%vs 20252025: £4.83M
Cash in Bank
9.36%vs 20252025: £3.79M
Total Liabilities
-36.72%vs 20252025: £348.51K
Employees
-1vs 20252025: 17
In 2026, STAINLESS TUBE & NEEDLE COMPANY LIMITED reported net assets of £4.93M. The same filing shows total assets of £5.15M, cash in bank of £4.15M and total liabilities of £220.55K. Reported headcount was 16 in 2026. Net Assets rose from £4.48M in 2025 to £4.93M in 2026 (10.06%). Okredo holds filed figures for 2022–2026; 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
10.06%from £4.48M in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures STAINLESS TUBE & NEEDLE COMPANY LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+25.8%vs 2024+12.2% a year compound (CAGR)
Cash in Bank
+32.7%vs 2024+15.2% a year compound (CAGR)
Total Assets
+23.4%vs 2024+11.1% a year compound (CAGR)
Total Liabilities
-14.3%vs 2024-7.4% a year compound (CAGR)
Employees
-15.8%vs 2024-3Biggest increase
Cash in Bank+32.7%
£3.13M in 2024 to £4.15M in 2026
Biggest decrease
Employees-15.8%
19 in 2024 to 16 in 2026
STAINLESS TUBE & NEEDLE COMPANY LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 STAINLESS TUBE & NEEDLE COMPANY 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
- 95.72%2026
- 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
- 4.28%2026
- 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
- 1,880.26%2026
- 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
- 80.50%2026
- 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 STAINLESS TUBE & NEEDLE COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 3.05M | 3.52M | 3.92M | 4.48M | 4.93M |
| Total Assets£ | 3.36M | 3.75M | 4.18M | 4.83M | 5.15M |
| Cash in Bank£ | 2.31M | 2.76M | 3.13M | 3.79M | 4.15M |
| Total Liabilities£ | 304.03K | 232.15K | 257.39K | 348.51K | 220.55K |
| Employees | 22 | 21 | 19 | 17 | 16 |
STAINLESS TUBE & NEEDLE COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for STAINLESS TUBE & NEEDLE COMPANY LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
STAINLESS TUBE & NEEDLE COMPANY LIMITED reported net assets of £4.93M for 2026. That compares with £4.48M in 2025, a change of 10.06%.
STAINLESS TUBE & NEEDLE COMPANY LIMITED reported total assets of £5.15M for 2026. That compares with £4.83M in 2025, a change of 6.68%.
STAINLESS TUBE & NEEDLE COMPANY LIMITED reported cash in bank of £4.15M for 2026. That compares with £3.79M in 2025, a change of 9.36%.
STAINLESS TUBE & NEEDLE COMPANY LIMITED reported 16 employees in 2026, compared with 17 in 2025.
Between 2024 and 2026, STAINLESS TUBE & NEEDLE COMPANY LIMITED's net assets rose by 25.8%, cash in bank rose by 32.7%, total assets rose by 23.4% and total liabilities fell by 14.3%. Net assets compounded at 12.2% a year across the two years to 2026, from £3.92M to £4.93M. Reported headcount went from 19 in 2024 to 16 in 2026 (-3).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.