TFS SYSTEMS (UK) LIMITED Financials
- Company number
- 06764298CopyCopy
- Registered office
- 154 Rothley Road, Mountsorrel, Loughborough, Leicestershire LE12 7JX
- Incorporated
- 03/12/2008
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
332.36%vs 20232023: £6.20K
Total Assets
-33.66%vs 20232023: £513.40K
Cash in Bank
-44.86%vs 20222022: £96.17K
Total Liabilities
19.96%vs 20222022: £412.90K
Employees
0vs 20232023: 5
In 2024, TFS SYSTEMS (UK) LIMITED reported net assets of £26.79K. The same filing shows total assets of £340.57K, cash in bank of £53.03K and total liabilities of £495.32K. Reported headcount was 5 in 2024. Total Assets fell from £513.40K in 2023 to £340.57K in 2024 (-33.66%). 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
332.36%from £6.20K 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 TFS SYSTEMS (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+225%vs 2022+80.3% a year compound (CAGR)
Total Assets
-22.1%vs 2022-11.7% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+225%
£8.24K in 2022 to £26.79K in 2024
Biggest decrease
Total Assets-22.1%
£436.98K in 2022 to £340.57K in 2024
TFS SYSTEMS (UK) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TFS SYSTEMS (UK) 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
- 7.86%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
- 96.48%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
- 10.71%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
- 10.33%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 TFS SYSTEMS (UK) 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£ | 6.20K | 8.24K | 6.20K | 26.79K |
| Total Assets£ | 369.02K | 436.98K | 513.40K | 340.57K |
| Cash in Bank£ | – | 96.17K | 53.03K | – |
| Total Liabilities£ | 362.82K | 412.90K | 495.32K | – |
| Employees | 5 | 5 | 5 | 5 |
TFS SYSTEMS (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TFS SYSTEMS (UK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TFS SYSTEMS (UK) LIMITED reported net assets of £26.79K for 2024. That compares with £6.20K in 2023, a change of 332.36%.
TFS SYSTEMS (UK) LIMITED reported total assets of £340.57K for 2024. That compares with £513.40K in 2023, a change of -33.66%.
TFS SYSTEMS (UK) LIMITED reported cash in bank of £53.03K for 2023. That compares with £96.17K in 2022, a change of -44.86%.
TFS SYSTEMS (UK) LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, TFS SYSTEMS (UK) LIMITED's net assets rose by 225%, total assets fell by 22.1% and employee numbers was unchanged. Net assets compounded at 80.3% a year across the two years to 2024, from £8.24K to £26.79K. Reported headcount went from 5 in 2022 to 5 in 2024.
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.