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TANPITS MOT LTD Financials

Company number
08449517Copy
Copy
Registered office
Tanpits Mot 2 Tanpits Road, Church, Accrington, Lancashire BB5 4HD
Incorporated
18/03/2013

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£679.002024
399.26%vs 2023

2023: £136.00

Total Assets

£41.43K2024
-25.77%vs 2023

2023: £55.81K

Cash in Bank

£1.63K2024
-63.11%vs 2023

2023: £4.42K

Total Liabilities

£40.75K2024
-26.81%vs 2023

2023: £55.68K

Employees

52024
-3vs 2023

2023: 8

In 2024, TANPITS MOT LTD reported net assets of £679.00. The same filing shows total assets of £41.43K, cash in bank of £1.63K and total liabilities of £40.75K. Reported headcount was 5 in 2024. Total Liabilities fell from £55.68K in 2023 to £40.75K in 2024 (-26.81%). 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

£679.002024
399.26%from £136.00 in 2023

Year-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 TANPITS MOT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£8.11K2022£679.002024
-91.6%vs 2022

-71.1% a year compound (CAGR)

Total Assets

£59.05K2022£41.43K2024
-29.8%vs 2022

-16.2% a year compound (CAGR)

Employees

8202252024
-37.5%vs 2022-3

Biggest decrease

Net Assets-91.6%

£8.11K in 2022 to £679.00 in 2024

Every indicator Okredo holds for TANPITS MOT LTD fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from TANPITS MOT 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
1.64%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.
Liabilities to total assets
98.36%2024
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
4.00%2024
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
3.93%2024
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 TANPITS MOT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-119.008.11K136.00679.00
Total Assets£42.38K59.05K55.81K41.43K
Cash in Bank£––4.42K1.63K
Total Liabilities£––55.68K40.75K
Employees8885

TANPITS MOT LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for TANPITS MOT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

TANPITS MOT LTD reported net assets of £679.00 for 2024. That compares with £136.00 in 2023, a change of 399.26%.

TANPITS MOT LTD reported total assets of £41.43K for 2024. That compares with £55.81K in 2023, a change of -25.77%.

TANPITS MOT LTD reported cash in bank of £1.63K for 2024. That compares with £4.42K in 2023, a change of -63.11%.

TANPITS MOT LTD reported 5 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, TANPITS MOT LTD's net assets fell by 91.6%, total assets fell by 29.8% and employee numbers fell by 37.5%. Net assets contracted at 71.1% a year across the two years to 2024, from £8.11K to £679.00. Reported headcount went from 8 in 2022 to 5 in 2024 (-3).

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.