TG WELDING LIMITED Financials
- Company number
- 02676155CopyCopy
- Registered office
- Unit 4 Stone Lane Industrial Estate, Stone Lane Industrial Estate, Wimborne, Dorset BH21 1HB
- Incorporated
- 09/01/1992
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
129.64%vs 20232023: £-48.66K
Total Assets
11.79%vs 20232023: £368.09K
Cash in Bank
First reported yearTotal Liabilities
19.69%vs 20232023: £329.35K
Employees
0vs 20232023: 5
In 2024, TG WELDING LIMITED reported net assets of £14.42K. The same filing shows total assets of £411.49K, cash in bank of £616.00 and total liabilities of £394.21K. Reported headcount was 5 in 2024. Total Liabilities rose from £329.35K in 2023 to £394.21K in 2024 (19.69%). 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
129.64%from £-48.66K 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 TG WELDING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-80%vs 2022-55.3% a year compound (CAGR)
Total Assets
+44%vs 2022+20% a year compound (CAGR)
Total Liabilities
+183%vs 2022+68.2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+183%
£139.40K in 2022 to £394.21K in 2024
Biggest decrease
Net Assets-80%
£72.22K in 2022 to £14.42K in 2024
TG WELDING LIMITED's filings pull in both directions between 2022 and 2024. 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 TG WELDING 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
- 3.50%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
- 95.80%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
- 0.19%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
- 0.17%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 TG WELDING 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£ | 43.67K | 72.22K | -48.66K | 14.42K |
| Total Assets£ | 247.53K | 285.75K | 368.09K | 411.49K |
| Cash in Bank£ | – | – | 616.00 | – |
| Total Liabilities£ | 203.86K | 139.40K | 329.35K | 394.21K |
| Employees | 5 | 5 | 5 | 5 |
TG WELDING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TG WELDING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TG WELDING LIMITED reported net assets of £14.42K for 2024. That compares with £-48.66K in 2023, a change of 129.64%.
TG WELDING LIMITED reported total assets of £411.49K for 2024. That compares with £368.09K in 2023, a change of 11.79%.
TG WELDING LIMITED reported cash in bank of £616.00 for 2023. There is no earlier filing to compare it against.
TG WELDING LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, TG WELDING LIMITED's net assets fell by 80%, total assets rose by 44%, total liabilities rose by 183% and employee numbers was unchanged. Net assets contracted at 55.3% a year across the two years to 2024, from £72.22K to £14.42K. 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.