SWALE HEATING LIMITED Financials
- Company number
- 01076034CopyCopy
- Registered office
- Norfolk House, 13 Southampton Place, London, England WC1A 2AJ
- Incorporated
- 11/10/1972
Company snapshot
- Status
- Active
- Employees
- 371 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
11.66%vs 20222022: £2.98M
Total Assets
1.52%vs 20222022: £13.95M
Cash in Bank
-32.33%vs 20222022: £2.12M
Total Liabilities
-1.21%vs 20222022: £10.80M
Employees
+12vs 20222022: 359
In 2023, SWALE HEATING LIMITED reported net assets of £3.32M. The same filing shows total assets of £14.16M, cash in bank of £1.43M and total liabilities of £10.67M. Reported headcount was 371 in 2023. Cash in Bank fell from £2.12M in 2022 to £1.43M in 2023 (-32.33%). Okredo holds filed figures for 2021–2023; 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
11.66%from £2.98M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SWALE HEATING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+14.7%vs 2021+7.1% a year compound (CAGR)
Cash in Bank
-53.2%vs 2021-31.6% a year compound (CAGR)
Total Assets
+8.4%vs 2021+4.1% a year compound (CAGR)
Total Liabilities
+6.9%vs 2021+3.4% a year compound (CAGR)
Employees
+13.1%vs 2021+43Biggest increase
Net Assets+14.7%
£2.90M in 2021 to £3.32M in 2023
Biggest decrease
Cash in Bank-53.2%
£3.06M in 2021 to £1.43M in 2023
SWALE HEATING LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SWALE HEATING 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
- 23.46%2023
- 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
- 75.33%2023
- 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
- 13.44%2023
- 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
- 10.13%2023
- 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 SWALE HEATING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.90M | 2.98M | 3.32M |
| Total Assets£ | 13.07M | 13.95M | 14.16M |
| Cash in Bank£ | 3.06M | 2.12M | 1.43M |
| Total Liabilities£ | 9.98M | 10.80M | 10.67M |
| Employees | 328 | 359 | 371 |
SWALE HEATING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SWALE HEATING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SWALE HEATING LIMITED reported net assets of £3.32M for 2023. That compares with £2.98M in 2022, a change of 11.66%.
SWALE HEATING LIMITED reported total assets of £14.16M for 2023. That compares with £13.95M in 2022, a change of 1.52%.
SWALE HEATING LIMITED reported cash in bank of £1.43M for 2023. That compares with £2.12M in 2022, a change of -32.33%.
SWALE HEATING LIMITED reported 371 employees in 2023, compared with 359 in 2022.
Between 2021 and 2023, SWALE HEATING LIMITED's net assets rose by 14.7%, cash in bank fell by 53.2%, total assets rose by 8.4% and total liabilities rose by 6.9%. Net assets compounded at 7.1% a year across the two years to 2023, from £2.90M to £3.32M. Reported headcount went from 328 in 2021 to 371 in 2023 (+43).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.