TITAN ELEVATORS LIMITED Financials
- Company number
- 03398412CopyCopy
- Registered office
- Art's House, Banks Lane, Bexleyheath, Kent DA6 7BH
- Incorporated
- 03/07/1997
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £318.26K
Total Assets
2023: £1.61M
Cash in Bank
2023: £34.82K
Total Liabilities
2023: £1.30M
Employees
2023: 61
In 2024, TITAN ELEVATORS LIMITED reported net assets of £263.35K. The same filing shows total assets of £389.60K, cash in bank of £316.94K and total liabilities of £126.25K. Reported headcount was 5 in 2024. Total Assets fell from £1.61M in 2023 to £389.60K in 2024 (-75.85%). 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
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 TITAN ELEVATORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-44.7% a year compound (CAGR)
Cash in Bank
-17.1% a year compound (CAGR)
Total Assets
-58.3% a year compound (CAGR)
Total Liabilities
-69.7% a year compound (CAGR)
Employees
Biggest decrease
Employees-91.1%
56 in 2022 to 5 in 2024
Every indicator Okredo holds for TITAN ELEVATORS LIMITED fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TITAN ELEVATORS 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
- 67.59%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
- 32.41%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
- 251.05%2024
- 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
- 81.35%2024
- 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 TITAN ELEVATORS 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£ | 946.56K | 862.29K | 318.26K | 263.35K |
| Total Assets£ | 2.33M | 2.24M | 1.61M | 389.60K |
| Cash in Bank£ | 851.42K | 460.79K | 34.82K | 316.94K |
| Total Liabilities£ | 1.39M | 1.38M | 1.30M | 126.25K |
| Employees | 56 | 56 | 61 | 5 |
TITAN ELEVATORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TITAN ELEVATORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TITAN ELEVATORS LIMITED reported net assets of £263.35K for 2024. That compares with £318.26K in 2023, a change of -17.25%.
TITAN ELEVATORS LIMITED reported total assets of £389.60K for 2024. That compares with £1.61M in 2023, a change of -75.85%.
TITAN ELEVATORS LIMITED reported cash in bank of £316.94K for 2024. That compares with £34.82K in 2023, a change of 810.18%.
TITAN ELEVATORS LIMITED reported 5 employees in 2024, compared with 61 in 2023.
Between 2022 and 2024, TITAN ELEVATORS LIMITED's net assets fell by 69.5%, cash in bank fell by 31.2%, total assets fell by 82.6% and total liabilities fell by 90.8%. Net assets contracted at 44.7% a year across the two years to 2024, from £862.29K to £263.35K. Reported headcount went from 56 in 2022 to 5 in 2024 (-51).
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.