TECH ALUMINIUM SYSTEMS LTD Financials
- Company number
- 09387095CopyCopy
- Registered office
- 68 Yardley Road, Acocks Green, Birmingham B27 6LG
- Incorporated
- 13/01/2015
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-218.14%vs 20222022: £105.20K
Total Assets
-72.07%vs 20222022: £302.21K
Cash in Bank
Increasedvs 20212021: £-867.00
Total Liabilities
5.93%vs 20222022: £197.00K
Employees
0vs 20222022: 4
In 2023, TECH ALUMINIUM SYSTEMS LTD reported net assets of £-124.29K. The same filing shows total assets of £84.40K, cash in bank of £2.83K and total liabilities of £208.69K. Reported headcount was 4 in 2023. Net Assets fell from £105.20K in 2022 to £-124.29K in 2023 (-218.14%). 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
-218.14%from £105.20K 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 TECH ALUMINIUM SYSTEMS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-219%vs 2021Cash in Bank
Increasedvs 2021Filed for 2021 and 2023 only
Total Assets
-57%vs 2021-34.5% a year compound (CAGR)
Total Liabilities
+128%vs 2021+51% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+128%
£91.56K in 2021 to £208.69K in 2023
Biggest decrease
Net Assets-219%
£104.88K in 2021 to £-124.29K in 2023
TECH ALUMINIUM SYSTEMS LTD'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 TECH ALUMINIUM SYSTEMS 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
- -147.25%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
- 247.25%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.
- Cash to liabilities
- 1.36%2023
- 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
- 3.36%2023
- 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 TECH ALUMINIUM SYSTEMS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 104.88K | 105.20K | -124.29K |
| Total Assets£ | 196.44K | 302.21K | 84.40K |
| Cash in Bank£ | -867.00 | – | 2.83K |
| Total Liabilities£ | 91.56K | 197.00K | 208.69K |
| Employees | 4 | 4 | 4 |
TECH ALUMINIUM SYSTEMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TECH ALUMINIUM SYSTEMS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
TECH ALUMINIUM SYSTEMS LTD reported net assets of £-124.29K for 2023. That compares with £105.20K in 2022, a change of -218.14%.
TECH ALUMINIUM SYSTEMS LTD reported total assets of £84.40K for 2023. That compares with £302.21K in 2022, a change of -72.07%.
TECH ALUMINIUM SYSTEMS LTD reported cash in bank of £2.83K for 2023. That compares with £-867.00 in 2021.
TECH ALUMINIUM SYSTEMS LTD reported 4 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, TECH ALUMINIUM SYSTEMS LTD's net assets fell by 219%, total assets fell by 57%, total liabilities rose by 128% and employee numbers was unchanged. Total assets contracted at 34.5% a year across the two years to 2023, from £196.44K to £84.40K. Reported headcount went from 4 in 2021 to 4 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.