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T & R FORMWORK LIMITED Financials

Company number
03757564Copy
Copy
Registered office
8-9 Old Steine, Brighton BN1 1EJ
Incorporated
22/04/1999

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£19.52K2023
-71.42%vs 2022

2022: £68.30K

Total Assets

£50.49K2023
-46.45%vs 2022

2022: £94.30K

Total Liabilities

£30.98K2023
19.13%vs 2022

2022: £26.00K

Employees

32023
0vs 2022

2022: 3

In 2023, T & R FORMWORK LIMITED reported net assets of £19.52K. The same filing shows total assets of £50.49K and total liabilities of £30.98K. Reported headcount was 3 in 2023. Net Assets fell from £68.30K in 2022 to £19.52K in 2023 (-71.42%). 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

£19.52K2023
-71.42%from £68.30K in 2022

Year-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 T & R FORMWORK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£80.49K2021£19.52K2023
-75.8%vs 2021

-50.8% a year compound (CAGR)

Total Assets

£107.97K2021£50.49K2023
-53.2%vs 2021

-31.6% a year compound (CAGR)

Total Liabilities

£27.48K2021£30.98K2023
+12.7%vs 2021

+6.2% a year compound (CAGR)

Employees

3202132023
0%vs 2021

Biggest increase

Total Liabilities+12.7%

£27.48K in 2021 to £30.98K in 2023

Biggest decrease

Net Assets-75.8%

£80.49K in 2021 to £19.52K in 2023

T & R FORMWORK LIMITED's filings pull in both directions between 2021 and 2023. 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 T & R FORMWORK 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
38.65%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
61.35%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for T & R FORMWORK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£80.49K68.30K19.52K
Total Assets£107.97K94.30K50.49K
Cash in Bank£–––
Total Liabilities£27.48K26.00K30.98K
Employees333

T & R FORMWORK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for T & R FORMWORK LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

T & R FORMWORK LIMITED reported net assets of £19.52K for 2023. That compares with £68.30K in 2022, a change of -71.42%.

T & R FORMWORK LIMITED reported total assets of £50.49K for 2023. That compares with £94.30K in 2022, a change of -46.45%.

T & R FORMWORK LIMITED reported total liabilities of £30.98K for 2023. That compares with £26.00K in 2022, a change of 19.13%.

T & R FORMWORK LIMITED reported 3 employees in 2023, compared with 3 in 2022.

Between 2021 and 2023, T & R FORMWORK LIMITED's net assets fell by 75.8%, total assets fell by 53.2%, total liabilities rose by 12.7% and employee numbers was unchanged. Net assets contracted at 50.8% a year across the two years to 2023, from £80.49K to £19.52K. Reported headcount went from 3 in 2021 to 3 in 2023.

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.