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THE TOWER FREEHOLD COMPANY LIMITED Financials

Company number
13073863Copy
Copy
Registered office
Englands Lane Business Centre 47 Englands Lane, Gorleston, Great Yarmouth, Norfolk NR31 6BE
Incorporated
09/12/2020

Company snapshot

Status
Active
Employees
11 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£591.002024
105.71%vs 2023

2023: £-10.35K

Total Assets

£2.97K2024
6.61%vs 2023

2023: £2.78K

Total Liabilities

£2.38K2024
-81.92%vs 2023

2023: £13.14K

Employees

112024
0vs 2023

2023: 11

In 2024, THE TOWER FREEHOLD COMPANY LIMITED reported net assets of £591.00. The same filing shows total assets of £2.97K and total liabilities of £2.38K. Reported headcount was 11 in 2024. Net Assets rose from £-10.35K in 2023 to £591.00 in 2024 (105.71%). 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

£591.002024
105.71%from £-10.35K in 2023

Year-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 THE TOWER FREEHOLD COMPANY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-7.97K2022£591.002024
Increasedvs 2022

Total Assets

£5.08K2022£2.97K2024
-41.6%vs 2022

-23.6% a year compound (CAGR)

Total Liabilities

£13.05K2022£2.38K2024
-81.8%vs 2022

-57.3% a year compound (CAGR)

Employees

112022112024
0%vs 2022

Biggest decrease

Total Liabilities-81.8%

£13.05K in 2022 to £2.38K in 2024

THE TOWER FREEHOLD COMPANY LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with total assets falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE TOWER FREEHOLD COMPANY 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
19.93%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
80.07%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THE TOWER FREEHOLD COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-6.26K-7.97K-10.35K591.00
Total Assets£6.71K5.08K2.78K2.97K
Cash in Bank£––––
Total Liabilities£12.97K13.05K13.14K2.38K
Employees11111111

THE TOWER FREEHOLD COMPANY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE TOWER FREEHOLD COMPANY LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

THE TOWER FREEHOLD COMPANY LIMITED reported net assets of £591.00 for 2024. That compares with £-10.35K in 2023, a change of 105.71%.

THE TOWER FREEHOLD COMPANY LIMITED reported total assets of £2.97K for 2024. That compares with £2.78K in 2023, a change of 6.61%.

THE TOWER FREEHOLD COMPANY LIMITED reported total liabilities of £2.38K for 2024. That compares with £13.14K in 2023, a change of -81.92%.

THE TOWER FREEHOLD COMPANY LIMITED reported 11 employees in 2024, compared with 11 in 2023.

Between 2022 and 2024, THE TOWER FREEHOLD COMPANY LIMITED's total assets fell by 41.6%, total liabilities fell by 81.8% and employee numbers was unchanged. Total assets contracted at 23.6% a year across the two years to 2024, from £5.08K to £2.97K. Reported headcount went from 11 in 2022 to 11 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.