THOMAS & YOUNG WEALTH MANAGEMENT LTD Financials
- Company number
- 09191588Copy
Copy - Registered office
- Unit A4 Risby Business Park Newmarket Road, Risby, Bury St. Edmunds IP28 6RD
- Incorporated
- 28/08/2014
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-15.38%vs 20232023: £175.67K
Total Assets
5.25%vs 20232023: £834.61K
Cash in Bank
11.66%vs 20232023: £181.51K
Total Liabilities
18.47%vs 20232023: £541.26K
Employees
-2vs 20232023: 10
In 2024, THOMAS & YOUNG WEALTH MANAGEMENT LTD reported net assets of £148.65K. The same filing shows total assets of £878.42K, cash in bank of £202.67K and total liabilities of £641.23K. Reported headcount was 8 in 2024. Total Liabilities rose from £541.26K in 2023 to £641.23K in 2024 (18.47%). 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
-15.38%from £175.67K 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 THOMAS & YOUNG WEALTH MANAGEMENT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-17.8%vs 2022-9.3% a year compound (CAGR)
Cash in Bank
+16.1%vs 2022+7.7% a year compound (CAGR)
Total Assets
+10.6%vs 2022+5.2% a year compound (CAGR)
Total Liabilities
+34.9%vs 2022+16.1% a year compound (CAGR)
Employees
-27.3%vs 2022-3Biggest increase
Total Liabilities+34.9%
£475.37K in 2022 to £641.23K in 2024
Biggest decrease
Employees-27.3%
11 in 2022 to 8 in 2024
THOMAS & YOUNG WEALTH MANAGEMENT LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THOMAS & YOUNG WEALTH MANAGEMENT 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
- 16.92%2024
- Liabilities to total assets
- 73.00%2024
- Cash to liabilities
- 31.61%2024
- Cash to total assets
- 23.07%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.
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 THOMAS & YOUNG WEALTH MANAGEMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 206.70K | 180.87K | 175.67K | 148.65K |
| Total Assets£ | 643.65K | 794.08K | 834.61K | 878.42K |
| Cash in Bank£ | 210.99K | 174.60K | 181.51K | 202.67K |
| Total Liabilities£ | 376.84K | 475.37K | 541.26K | 641.23K |
| Employees | 9 | 11 | 10 | 8 |
THOMAS & YOUNG WEALTH MANAGEMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has THOMAS & YOUNG WEALTH MANAGEMENT LTD filed financial statements?
Yes. Okredo holds filed figures for THOMAS & YOUNG WEALTH MANAGEMENT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THOMAS & YOUNG WEALTH MANAGEMENT LTD report in 2024?
THOMAS & YOUNG WEALTH MANAGEMENT LTD reported net assets of £148.65K for 2024. That compares with £175.67K in 2023, a change of -15.38%.
What total assets did THOMAS & YOUNG WEALTH MANAGEMENT LTD report in 2024?
THOMAS & YOUNG WEALTH MANAGEMENT LTD reported total assets of £878.42K for 2024. That compares with £834.61K in 2023, a change of 5.25%.
What cash in bank did THOMAS & YOUNG WEALTH MANAGEMENT LTD report in 2024?
THOMAS & YOUNG WEALTH MANAGEMENT LTD reported cash in bank of £202.67K for 2024. That compares with £181.51K in 2023, a change of 11.66%.
How many people does THOMAS & YOUNG WEALTH MANAGEMENT LTD employ?
THOMAS & YOUNG WEALTH MANAGEMENT LTD reported 8 employees in 2024, compared with 10 in 2023.
How have THOMAS & YOUNG WEALTH MANAGEMENT LTD financials changed over the last 3 years?
Between 2022 and 2024, THOMAS & YOUNG WEALTH MANAGEMENT LTD's net assets fell by 17.8%, cash in bank rose by 16.1%, total assets rose by 10.6% and total liabilities rose by 34.9%. Net assets contracted at 9.3% a year across the two years to 2024, from £180.87K to £148.65K. Reported headcount went from 11 in 2022 to 8 in 2024 (-3).
Which years of THOMAS & YOUNG WEALTH MANAGEMENT LTD financial data are available?
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.