TESTWORKS MANUFACTURING LIMITED Financials
- Company number
- 08314755CopyCopy
- Registered office
- Unit 28 Campus 5, Letchworth Garden City SG6 2JF
- Incorporated
- 30/11/2012
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
187.56%vs 20242024: £127.82K
Total Assets
-0.58%vs 20242024: £876.14K
Cash in Bank
5.89K%vs 20242024: £5.24K
Total Liabilities
-32.99%vs 20242024: £721.81K
Employees
-3vs 20242024: 13
In 2025, TESTWORKS MANUFACTURING LIMITED reported net assets of £367.57K. The same filing shows total assets of £871.10K, cash in bank of £313.68K and total liabilities of £483.65K. Reported headcount was 10 in 2025. Cash in Bank rose from £5.24K in 2024 to £313.68K in 2025 (5.89K%). 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
187.56%from £127.82K 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 TESTWORKS MANUFACTURING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+846%vs 2023+208% a year compound (CAGR)
Total Assets
+311%vs 2023+103% a year compound (CAGR)
Total Liabilities
+215%vs 2023+77.6% a year compound (CAGR)
Employees
+100%vs 2023+5Biggest increase
Net Assets+846%
£38.87K in 2023 to £367.57K in 2025
Every indicator Okredo holds for TESTWORKS MANUFACTURING LIMITED rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TESTWORKS MANUFACTURING 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
- 42.20%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
- 55.52%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
- 64.86%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
- 36.01%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 TESTWORKS MANUFACTURING 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£ | 100.00 | 100.00 | 38.87K | 127.82K | 367.57K |
| Total Assets£ | – | – | 212.18K | 876.14K | 871.10K |
| Cash in Bank£ | – | – | – | 5.24K | 313.68K |
| Total Liabilities£ | – | 0.00 | 153.31K | 721.81K | 483.65K |
| Employees | – | 0 | 5 | 13 | 10 |
TESTWORKS MANUFACTURING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TESTWORKS MANUFACTURING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
TESTWORKS MANUFACTURING LIMITED reported net assets of £367.57K for 2025. That compares with £127.82K in 2024, a change of 187.56%.
TESTWORKS MANUFACTURING LIMITED reported total assets of £871.10K for 2025. That compares with £876.14K in 2024, a change of -0.58%.
TESTWORKS MANUFACTURING LIMITED reported cash in bank of £313.68K for 2025. That compares with £5.24K in 2024, a change of 5.89K%.
TESTWORKS MANUFACTURING LIMITED reported 10 employees in 2025, compared with 13 in 2024.
Between 2023 and 2025, TESTWORKS MANUFACTURING LIMITED's net assets rose by 846%, total assets rose by 311%, total liabilities rose by 215% and employee numbers rose by 100%. Net assets compounded at 208% a year across the two years to 2025, from £38.87K to £367.57K. Reported headcount went from 5 in 2023 to 10 in 2025 (+5).
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.