TMT CONSTRUCTION LIMITED Financials
- Company number
- 10998655CopyCopy
- Registered office
- 12-13 The Oaks Clews Road, Redditch B98 7ST
- Incorporated
- 05/10/2017
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-67.71%vs 20232023: £99.06K
Total Assets
59.63%vs 20232023: £275.37K
Cash in Bank
-78.29%vs 20232023: £37.28K
Total Liabilities
131.19%vs 20232023: £176.31K
Employees
-2vs 20232023: 4
In 2024, TMT CONSTRUCTION LIMITED reported net assets of £31.98K. The same filing shows total assets of £439.59K, cash in bank of £8.09K and total liabilities of £407.61K. Reported headcount was 2 in 2024. Total Liabilities rose from £176.31K in 2023 to £407.61K in 2024 (131.19%). 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
-67.71%from £99.06K 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 TMT CONSTRUCTION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-74%vs 2022-49% a year compound (CAGR)
Cash in Bank
-85.3%vs 2022-61.7% a year compound (CAGR)
Total Assets
+21.5%vs 2022+10.2% a year compound (CAGR)
Total Liabilities
+70.6%vs 2022+30.6% a year compound (CAGR)
Employees
-77.8%vs 2022-7Biggest increase
Total Liabilities+70.6%
£238.96K in 2022 to £407.61K in 2024
Biggest decrease
Cash in Bank-85.3%
£55.06K in 2022 to £8.09K in 2024
TMT CONSTRUCTION LIMITED'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TMT CONSTRUCTION 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
- 7.28%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
- 92.72%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
- 1.99%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
- 1.84%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 TMT CONSTRUCTION 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£ | 170.27K | 122.79K | 99.06K | 31.98K |
| Total Assets£ | 578.47K | 361.76K | 275.37K | 439.59K |
| Cash in Bank£ | 159.05K | 55.06K | 37.28K | 8.09K |
| Total Liabilities£ | 408.20K | 238.96K | 176.31K | 407.61K |
| Employees | 7 | 9 | 4 | 2 |
TMT CONSTRUCTION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TMT CONSTRUCTION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TMT CONSTRUCTION LIMITED reported net assets of £31.98K for 2024. That compares with £99.06K in 2023, a change of -67.71%.
TMT CONSTRUCTION LIMITED reported total assets of £439.59K for 2024. That compares with £275.37K in 2023, a change of 59.63%.
TMT CONSTRUCTION LIMITED reported cash in bank of £8.09K for 2024. That compares with £37.28K in 2023, a change of -78.29%.
TMT CONSTRUCTION LIMITED reported 2 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, TMT CONSTRUCTION LIMITED's net assets fell by 74%, cash in bank fell by 85.3%, total assets rose by 21.5% and total liabilities rose by 70.6%. Net assets contracted at 49% a year across the two years to 2024, from £122.79K to £31.98K. Reported headcount went from 9 in 2022 to 2 in 2024 (-7).
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.