T.T. MOTORSPORT LTD. Financials
- Company number
- 03475336CopyCopy
- Registered office
- Main Road, Benington, Boston, Lincolnshire PE22 0BT
- Incorporated
- 03/12/1997
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
-26.42%vs 20222022: £64.43K
Total Assets
-28.98%vs 20222022: £89.00K
Total Liabilities
-35.69%vs 20222022: £24.57K
Employees
0vs 20222022: 3
In 2023, T.T. MOTORSPORT LTD. reported net assets of £47.41K. The same filing shows total assets of £63.21K and total liabilities of £15.80K. Reported headcount was 3 in 2023. Total Assets fell from £89.00K in 2022 to £63.21K in 2023 (-28.98%). 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
-26.42%from £64.43K 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 T.T. MOTORSPORT LTD. filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+45%vs 2021+20.4% a year compound (CAGR)
Total Assets
+4%vs 2021+2% a year compound (CAGR)
Total Liabilities
-43.7%vs 2021-24.9% a year compound (CAGR)
Employees
-25%vs 2021-1Biggest increase
Net Assets+45%
£32.71K in 2021 to £47.41K in 2023
Biggest decrease
Total Liabilities-43.7%
£28.05K in 2021 to £15.80K in 2023
T.T. MOTORSPORT LTD.'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from T.T. MOTORSPORT LTD.'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
- 75.00%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
- 25.00%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.T. MOTORSPORT LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 32.71K | 64.43K | 47.41K |
| Total Assets£ | 60.75K | 89.00K | 63.21K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 28.05K | 24.57K | 15.80K |
| Employees | 4 | 3 | 3 |
T.T. MOTORSPORT LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for T.T. MOTORSPORT LTD. covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
T.T. MOTORSPORT LTD. reported net assets of £47.41K for 2023. That compares with £64.43K in 2022, a change of -26.42%.
T.T. MOTORSPORT LTD. reported total assets of £63.21K for 2023. That compares with £89.00K in 2022, a change of -28.98%.
T.T. MOTORSPORT LTD. reported total liabilities of £15.80K for 2023. That compares with £24.57K in 2022, a change of -35.69%.
T.T. MOTORSPORT LTD. reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, T.T. MOTORSPORT LTD.'s net assets rose by 45%, total assets rose by 4%, total liabilities fell by 43.7% and employee numbers fell by 25%. Net assets compounded at 20.4% a year across the two years to 2023, from £32.71K to £47.41K. Reported headcount went from 4 in 2021 to 3 in 2023 (-1).
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.