TEESSIDE POWER ENGINEERING LIMITED Financials
- Company number
- 11375569CopyCopy
- Registered office
- 1-6 Lombard Street, London EC3V 9AA
- Incorporated
- 22/05/2018
Company snapshot
- Status
- Active
- Employees
- 36 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
244.97%vs 20232023: £-8.38K
Total Assets
-46.37%vs 20232023: £369.14K
Cash in Bank
18.86%vs 20232023: £166.56K
Total Liabilities
-50.78%vs 20232023: £377.52K
Employees
+17vs 20232023: 19
In 2024, TEESSIDE POWER ENGINEERING LIMITED reported net assets of £12.14K. The same filing shows total assets of £197.96K, cash in bank of £197.96K and total liabilities of £185.82K. Reported headcount was 36 in 2024. Total Liabilities fell from £377.52K in 2023 to £185.82K in 2024 (-50.78%). 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
244.97%from £-8.38K in 2023Year-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 TEESSIDE POWER ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+220%vs 2022+79% a year compound (CAGR)
Total Assets
-11.4%vs 2022-5.9% a year compound (CAGR)
Total Liabilities
-21%vs 2022-11.1% a year compound (CAGR)
Employees
+414%vs 2022+29Biggest increase
Employees+414%
7 in 2022 to 36 in 2024
Biggest decrease
Total Liabilities-21%
£235.16K in 2022 to £185.82K in 2024
TEESSIDE POWER ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 TEESSIDE POWER ENGINEERING 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
- 6.13%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
- 93.87%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
- 106.53%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
- 100.00%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 TEESSIDE POWER ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -16.79K | -11.76K | -8.38K | 12.14K |
| Total Assets£ | 135.84K | 223.41K | 369.14K | 197.96K |
| Cash in Bank£ | 14.75K | 61.78K | 166.56K | 197.96K |
| Total Liabilities£ | 152.63K | 235.16K | 377.52K | 185.82K |
| Employees | 7 | 7 | 19 | 36 |
TEESSIDE POWER ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TEESSIDE POWER ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TEESSIDE POWER ENGINEERING LIMITED reported net assets of £12.14K for 2024. That compares with £-8.38K in 2023, a change of 244.97%.
TEESSIDE POWER ENGINEERING LIMITED reported total assets of £197.96K for 2024. That compares with £369.14K in 2023, a change of -46.37%.
TEESSIDE POWER ENGINEERING LIMITED reported cash in bank of £197.96K for 2024. That compares with £166.56K in 2023, a change of 18.86%.
TEESSIDE POWER ENGINEERING LIMITED reported 36 employees in 2024, compared with 19 in 2023.
Between 2022 and 2024, TEESSIDE POWER ENGINEERING LIMITED's cash in bank rose by 220%, total assets fell by 11.4%, total liabilities fell by 21% and employee numbers rose by 414%. Cash in bank compounded at 79% a year across the two years to 2024, from £61.78K to £197.96K. Reported headcount went from 7 in 2022 to 36 in 2024 (+29).
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.