THISTLE INITIATIVES LIMITED Financials
- Company number
- 07078648CopyCopy
- Registered office
- 4 St. Paul's Churchyard, London EC4M 8AY
- Incorporated
- 17/11/2009
Company snapshot
- Status
- Active
- Employees
- 1 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-3.02%vs 20242024: £3.18M
Total Assets
5.04%vs 20242024: £9.47M
Cash in Bank
35.98%vs 20242024: £2.40M
Total Liabilities
8.42%vs 20242024: £6.26M
Employees
0vs 20242024: 1
In 2025, THISTLE INITIATIVES LIMITED reported net assets of £3.09M. The same filing shows total assets of £9.95M, cash in bank of £3.27M and total liabilities of £6.79M. Reported headcount was 1 in 2025. Cash in Bank rose from £2.40M in 2024 to £3.27M in 2025 (35.98%). 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
-3.02%from £3.18M 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 THISTLE INITIATIVES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+5.8%vs 2023+2.9% a year compound (CAGR)
Cash in Bank
+107%vs 2023+44% a year compound (CAGR)
Total Assets
+4%vs 2023+2% a year compound (CAGR)
Total Liabilities
+2.4%vs 2023+1.2% a year compound (CAGR)
Employees
-97.6%vs 2023-40Biggest increase
Cash in Bank+107%
£1.58M in 2023 to £3.27M in 2025
Biggest decrease
Employees-97.6%
41 in 2023 to 1 in 2025
THISTLE INITIATIVES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THISTLE INITIATIVES 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
- 31.03%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
- 68.19%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
- 48.19%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
- 32.86%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 THISTLE INITIATIVES 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£ | 2.32M | 3.05M | 2.92M | 3.18M | 3.09M |
| Total Assets£ | 3.51M | 4.19M | 9.57M | 9.47M | 9.95M |
| Cash in Bank£ | 1.80M | 2.06M | 1.58M | 2.40M | 3.27M |
| Total Liabilities£ | 1.13M | 1.12M | 6.63M | 6.26M | 6.79M |
| Employees | 31 | 35 | 41 | 1 | 1 |
THISTLE INITIATIVES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THISTLE INITIATIVES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THISTLE INITIATIVES LIMITED reported net assets of £3.09M for 2025. That compares with £3.18M in 2024, a change of -3.02%.
THISTLE INITIATIVES LIMITED reported total assets of £9.95M for 2025. That compares with £9.47M in 2024, a change of 5.04%.
THISTLE INITIATIVES LIMITED reported cash in bank of £3.27M for 2025. That compares with £2.40M in 2024, a change of 35.98%.
THISTLE INITIATIVES LIMITED reported 1 employee in 2025, compared with 1 in 2024.
Between 2023 and 2025, THISTLE INITIATIVES LIMITED's net assets rose by 5.8%, cash in bank rose by 107%, total assets rose by 4% and total liabilities rose by 2.4%. Net assets compounded at 2.9% a year across the two years to 2025, from £2.92M to £3.09M. Reported headcount went from 41 in 2023 to 1 in 2025 (-40).
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.