TEAMWORK LEATHERS LIMITED Financials
- Company number
- 05110358CopyCopy
- Registered office
- 9 Berners Place, London W1T 3AD
- Incorporated
- 23/04/2004
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
15.86%vs 20242024: £-51.63K
Total Assets
3.70%vs 20242024: £15.74K
Cash in Bank
-66.63%vs 20212021: £12.95K
Total Liabilities
-11.29%vs 20242024: £67.37K
Employees
+1vs 20242024: 6
In 2025, TEAMWORK LEATHERS LIMITED reported net assets of £-43.44K. The same filing shows total assets of £16.33K, cash in bank of £4.32K and total liabilities of £59.77K. Reported headcount was 7 in 2025. Cash in Bank fell from £12.95K in 2021 to £4.32K in 2022 (-66.63%). Okredo holds filed figures for 2021–2025; 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
15.86%from £-51.63K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TEAMWORK LEATHERS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Total Assets
+32.8%vs 2023+15.2% a year compound (CAGR)
Total Liabilities
+8.9%vs 2023+4.4% a year compound (CAGR)
Employees
+40%vs 2023+2Biggest increase
Employees+40%
5 in 2023 to 7 in 2025
TEAMWORK LEATHERS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TEAMWORK LEATHERS 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
- -266.08%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
- 366.08%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
- 6.57%2022
- 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
- 26.69%2022
- 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 TEAMWORK LEATHERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -47.51K | -49.62K | -42.59K | -51.63K | -43.44K |
| Total Assets£ | 26.78K | 16.19K | 12.30K | 15.74K | 16.33K |
| Cash in Bank£ | 12.95K | 4.32K | – | – | – |
| Total Liabilities£ | 74.29K | 65.81K | 54.88K | 67.37K | 59.77K |
| Employees | 5 | 5 | 5 | 6 | 7 |
TEAMWORK LEATHERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TEAMWORK LEATHERS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
TEAMWORK LEATHERS LIMITED reported net assets of £-43.44K for 2025. That compares with £-51.63K in 2024, a change of 15.86%.
TEAMWORK LEATHERS LIMITED reported total assets of £16.33K for 2025. That compares with £15.74K in 2024, a change of 3.70%.
TEAMWORK LEATHERS LIMITED reported cash in bank of £4.32K for 2022. That compares with £12.95K in 2021, a change of -66.63%.
TEAMWORK LEATHERS LIMITED reported 7 employees in 2025, compared with 6 in 2024.
Between 2023 and 2025, TEAMWORK LEATHERS LIMITED's total assets rose by 32.8%, total liabilities rose by 8.9% and employee numbers rose by 40%. Total assets compounded at 15.2% a year across the two years to 2025, from £12.30K to £16.33K. Reported headcount went from 5 in 2023 to 7 in 2025 (+2).
Okredo holds reported figures for the years 2021, 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.