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TITAN ELEVATORS LIMITED Financials

Company number
03398412Copy
Copy
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

£263.35K2024
-17.25%vs 2023

2023: £318.26K

Total Assets

£389.60K2024
-75.85%vs 2023

2023: £1.61M

Cash in Bank

£316.94K2024
810.18%vs 2023

2023: £34.82K

Total Liabilities

£126.25K2024
-90.25%vs 2023

2023: £1.30M

Employees

52024
-56vs 2023

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

£263.35K2024
-17.25%from £318.26K 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 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

£862.29K2022£263.35K2024
-69.5%vs 2022

-44.7% a year compound (CAGR)

Cash in Bank

£460.79K2022£316.94K2024
-31.2%vs 2022

-17.1% a year compound (CAGR)

Total Assets

£2.24M2022£389.60K2024
-82.6%vs 2022

-58.3% a year compound (CAGR)

Total Liabilities

£1.38M2022£126.25K2024
-90.8%vs 2022

-69.7% a year compound (CAGR)

Employees

56202252024
-91.1%vs 2022-51

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.

Indicator2021202220232024
Net Assets£946.56K862.29K318.26K263.35K
Total Assets£2.33M2.24M1.61M389.60K
Cash in Bank£851.42K460.79K34.82K316.94K
Total Liabilities£1.39M1.38M1.30M126.25K
Employees5656615

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.