STRUCTURAL & WELD TESTING SERVICES LIMITED Financials
- Company number
- 05248231Copy
Copy - Registered office
- 19 Albany Road, Sittingbourne, Kent ME10 1EB
- Incorporated
- 01/10/2004
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-27.58%vs 20232023: £1.43M
Total Assets
-9.59%vs 20232023: £1.87M
Cash in Bank
-24.16%vs 20232023: £945.18K
Total Liabilities
21.27%vs 20232023: £338.78K
Employees
0vs 20232023: 21
In 2024, STRUCTURAL & WELD TESTING SERVICES LIMITED reported net assets of £1.04M. The same filing shows total assets of £1.69M, cash in bank of £716.81K and total liabilities of £410.83K. Reported headcount was 21 in 2024. Net Assets fell from £1.43M in 2023 to £1.04M in 2024 (-27.58%). 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
-27.58%from £1.43M 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 STRUCTURAL & WELD TESTING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-18%vs 2022-9.4% a year compound (CAGR)
Cash in Bank
-4.9%vs 2022-2.5% a year compound (CAGR)
Total Assets
+3.3%vs 2022+1.6% a year compound (CAGR)
Total Liabilities
+45.1%vs 2022+20.5% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+45.1%
£283.16K in 2022 to £410.83K in 2024
Biggest decrease
Net Assets-18%
£1.26M in 2022 to £1.04M in 2024
STRUCTURAL & WELD TESTING SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 STRUCTURAL & WELD TESTING SERVICES 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
- 61.48%2024
- Liabilities to total assets
- 24.37%2024
- Cash to liabilities
- 174.48%2024
- Cash to total assets
- 42.51%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.
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 STRUCTURAL & WELD TESTING SERVICES 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£ | 1.14M | 1.26M | 1.43M | 1.04M |
| Total Assets£ | 1.40M | 1.63M | 1.87M | 1.69M |
| Cash in Bank£ | 610.95K | 754.09K | 945.18K | 716.81K |
| Total Liabilities£ | 184.17K | 283.16K | 338.78K | 410.83K |
| Employees | 18 | 21 | 21 | 21 |
STRUCTURAL & WELD TESTING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has STRUCTURAL & WELD TESTING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for STRUCTURAL & WELD TESTING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did STRUCTURAL & WELD TESTING SERVICES LIMITED report in 2024?
STRUCTURAL & WELD TESTING SERVICES LIMITED reported net assets of £1.04M for 2024. That compares with £1.43M in 2023, a change of -27.58%.
What total assets did STRUCTURAL & WELD TESTING SERVICES LIMITED report in 2024?
STRUCTURAL & WELD TESTING SERVICES LIMITED reported total assets of £1.69M for 2024. That compares with £1.87M in 2023, a change of -9.59%.
What cash in bank did STRUCTURAL & WELD TESTING SERVICES LIMITED report in 2024?
STRUCTURAL & WELD TESTING SERVICES LIMITED reported cash in bank of £716.81K for 2024. That compares with £945.18K in 2023, a change of -24.16%.
How many people does STRUCTURAL & WELD TESTING SERVICES LIMITED employ?
STRUCTURAL & WELD TESTING SERVICES LIMITED reported 21 employees in 2024, compared with 21 in 2023.
How have STRUCTURAL & WELD TESTING SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, STRUCTURAL & WELD TESTING SERVICES LIMITED's net assets fell by 18%, cash in bank fell by 4.9%, total assets rose by 3.3% and total liabilities rose by 45.1%. Net assets contracted at 9.4% a year across the two years to 2024, from £1.26M to £1.04M. Reported headcount went from 21 in 2022 to 21 in 2024.
Which years of STRUCTURAL & WELD TESTING SERVICES LIMITED financial data are available?
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.