TOPAZ DETAILING (MIDLANDS) LTD Financials
- Company number
- 10296910CopyCopy
- Registered office
- Studio C2, Automotive House, Chartwell Point, Chartwell Drive, Wigston, Leicesteshire LE18 2FT
- Incorporated
- 26/07/2016
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
142.05%vs 20232023: £68.52K
Total Assets
1.72%vs 20232023: £432.80K
Cash in Bank
-39.86%vs 20232023: £77.09K
Total Liabilities
22.25%vs 20232023: £224.47K
Employees
-1vs 20232023: 18
In 2024, TOPAZ DETAILING (MIDLANDS) LTD reported net assets of £165.86K. The same filing shows total assets of £440.27K, cash in bank of £46.36K and total liabilities of £274.41K. Reported headcount was 17 in 2024. Net Assets rose from £68.52K in 2023 to £165.86K in 2024 (142.05%). 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
142.05%from £68.52K 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 TOPAZ DETAILING (MIDLANDS) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-56%vs 2022-33.7% a year compound (CAGR)
Cash in Bank
-90.9%vs 2022-69.8% a year compound (CAGR)
Total Assets
-57%vs 2022-34.4% a year compound (CAGR)
Total Liabilities
-39.6%vs 2022-22.3% a year compound (CAGR)
Employees
+21.4%vs 2022+3Biggest increase
Employees+21.4%
14 in 2022 to 17 in 2024
Biggest decrease
Cash in Bank-90.9%
£507.48K in 2022 to £46.36K in 2024
TOPAZ DETAILING (MIDLANDS) LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 TOPAZ DETAILING (MIDLANDS) 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
- 37.67%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
- 62.33%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
- 16.89%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
- 10.53%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 TOPAZ DETAILING (MIDLANDS) 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£ | 241.62K | 377.10K | 68.52K | 165.86K |
| Total Assets£ | 617.05K | 1.02M | 432.80K | 440.27K |
| Cash in Bank£ | 438.34K | 507.48K | 77.09K | 46.36K |
| Total Liabilities£ | 340.07K | 454.40K | 224.47K | 274.41K |
| Employees | 14 | 14 | 18 | 17 |
TOPAZ DETAILING (MIDLANDS) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TOPAZ DETAILING (MIDLANDS) LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TOPAZ DETAILING (MIDLANDS) LTD reported net assets of £165.86K for 2024. That compares with £68.52K in 2023, a change of 142.05%.
TOPAZ DETAILING (MIDLANDS) LTD reported total assets of £440.27K for 2024. That compares with £432.80K in 2023, a change of 1.72%.
TOPAZ DETAILING (MIDLANDS) LTD reported cash in bank of £46.36K for 2024. That compares with £77.09K in 2023, a change of -39.86%.
TOPAZ DETAILING (MIDLANDS) LTD reported 17 employees in 2024, compared with 18 in 2023.
Between 2022 and 2024, TOPAZ DETAILING (MIDLANDS) LTD's net assets fell by 56%, cash in bank fell by 90.9%, total assets fell by 57% and total liabilities fell by 39.6%. Net assets contracted at 33.7% a year across the two years to 2024, from £377.10K to £165.86K. Reported headcount went from 14 in 2022 to 17 in 2024 (+3).
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.