TAPESWITCH LTD. Financials
- Company number
- 02481808CopyCopy
- Registered office
- Unit 38 Chorley North Industrial Park, Drumhead Road, Chorley, Lancashire PR6 7BX
- Incorporated
- 15/03/1990
Company snapshot
- Status
- Active
- Employees
- 21 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-5.20%vs 20242024: £1.93M
Total Assets
-5.94%vs 20242024: £2.93M
Cash in Bank
1.50%vs 20242024: £787.65K
Total Liabilities
-15.86%vs 20242024: £442.22K
Employees
0vs 20242024: 21
In 2025, TAPESWITCH LTD. reported net assets of £1.83M. The same filing shows total assets of £2.76M, cash in bank of £799.50K and total liabilities of £372.07K. Reported headcount was 21 in 2025. Total Assets fell from £2.93M in 2024 to £2.76M in 2025 (-5.94%). Okredo holds filed figures for 2022–2025; 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
-5.20%from £1.93M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TAPESWITCH LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+20.6%vs 2023+9.8% a year compound (CAGR)
Cash in Bank
+199%vs 2023+72.9% a year compound (CAGR)
Total Assets
+20.2%vs 2023+9.7% a year compound (CAGR)
Total Liabilities
+120%vs 2023+48.2% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+199%
£267.50K in 2023 to £799.50K in 2025
Every measure that changed in TAPESWITCH LTD.'s filings between 2023 and 2025 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TAPESWITCH 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
- 66.45%2025
- 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
- 13.49%2025
- 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
- 214.88%2025
- 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
- 29.00%2025
- 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 TAPESWITCH LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 1.71M | 1.52M | 1.93M | 1.83M |
| Total Assets£ | 2.65M | 2.29M | 2.93M | 2.76M |
| Cash in Bank£ | 283.95K | 267.50K | 787.65K | 799.50K |
| Total Liabilities£ | 299.52K | 169.38K | 442.22K | 372.07K |
| Employees | 23 | 21 | 21 | 21 |
TAPESWITCH LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TAPESWITCH LTD. covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
TAPESWITCH LTD. reported net assets of £1.83M for 2025. That compares with £1.93M in 2024, a change of -5.20%.
TAPESWITCH LTD. reported total assets of £2.76M for 2025. That compares with £2.93M in 2024, a change of -5.94%.
TAPESWITCH LTD. reported cash in bank of £799.50K for 2025. That compares with £787.65K in 2024, a change of 1.50%.
TAPESWITCH LTD. reported 21 employees in 2025, compared with 21 in 2024.
Between 2023 and 2025, TAPESWITCH LTD.'s net assets rose by 20.6%, cash in bank rose by 199%, total assets rose by 20.2% and total liabilities rose by 120%. Net assets compounded at 9.8% a year across the two years to 2025, from £1.52M to £1.83M. Reported headcount went from 21 in 2023 to 21 in 2025.
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.