THAICORP LTD Financials
- Company number
- 12481790Copy
Copy - Registered office
- Victory Park Way, Victory Park, Derby, Derbyshire DE24 8ZF
- Incorporated
- 25/02/2020
Company snapshot
- Status
- Active
- Employees
- 37 (2025)
- Latest financial data
- 2025
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-28.20%vs 20242024: £1.34K
Total Assets
-1.69%vs 20242024: £8.58M
Cash in Bank
107.22%vs 20242024: £129.90K
Total Liabilities
-1.18%vs 20242024: £4.65M
Employees
+3vs 20242024: 34
In 2025, THAICORP LTD reported net assets of £960.00. The same filing shows total assets of £8.43M, cash in bank of £269.17K and total liabilities of £4.60M. Reported headcount was 37 in 2025. Total Assets fell from £8.58M in 2024 to £8.43M in 2025 (-1.69%). 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
-28.20%from £1.34K 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 THAICORP LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-57.5%vs 2023-34.8% a year compound (CAGR)
Cash in Bank
+6.5%vs 2023+3.2% a year compound (CAGR)
Total Assets
-0.1%vs 2023-<0.1% a year compound (CAGR)
Total Liabilities
+2.2%vs 2023+1.1% a year compound (CAGR)
Employees
+825%vs 2023+33Biggest increase
Employees+825%
4 in 2023 to 37 in 2025
Biggest decrease
Net Assets-57.5%
£2.26K in 2023 to £960.00 in 2025
THAICORP LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 THAICORP 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
- 0.01%2025
- Liabilities to total assets
- 54.53%2025
- Cash to liabilities
- 5.85%2025
- Cash to total assets
- 3.19%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 THAICORP LTD 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 | 200.00 | 2.26K | 1.34K | 960.00 |
| Total Assets£ | – | 1.93M | 8.44M | 8.58M | 8.43M |
| Cash in Bank£ | – | 23.51K | 252.80K | 129.90K | 269.17K |
| Total Liabilities£ | 0.00 | 1.06M | 4.50M | 4.65M | 4.60M |
| Employees | 4 | 4 | 4 | 34 | 37 |
THAICORP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has THAICORP LTD filed financial statements?
Yes. Okredo holds filed figures for THAICORP LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did THAICORP LTD report in 2025?
THAICORP LTD reported net assets of £960.00 for 2025. That compares with £1.34K in 2024, a change of -28.20%.
What total assets did THAICORP LTD report in 2025?
THAICORP LTD reported total assets of £8.43M for 2025. That compares with £8.58M in 2024, a change of -1.69%.
What cash in bank did THAICORP LTD report in 2025?
THAICORP LTD reported cash in bank of £269.17K for 2025. That compares with £129.90K in 2024, a change of 107.22%.
How many people does THAICORP LTD employ?
THAICORP LTD reported 37 employees in 2025, compared with 34 in 2024.
How have THAICORP LTD financials changed over the last 3 years?
Between 2023 and 2025, THAICORP LTD's net assets fell by 57.5%, cash in bank rose by 6.5%, total assets fell by 0.1% and total liabilities rose by 2.2%. Net assets contracted at 34.8% a year across the two years to 2025, from £2.26K to £960.00. Reported headcount went from 4 in 2023 to 37 in 2025 (+33).
Which years of THAICORP LTD financial data are available?
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.