TORMAGE LIMITED Financials
- Company number
- 01579250Copy
Copy - Registered office
- Pontlands Park, West Hanningfield Road, Great Baddow Chelmsford, Essex CM2 8HR
- Incorporated
- 11/08/1981
Company snapshot
- Status
- Active
- Employees
- 82 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-0.20%vs 20232023: £2.76M
Total Assets
1.53%vs 20232023: £7.87M
Cash in Bank
-30.99%vs 20232023: £274.85K
Total Liabilities
2.44%vs 20232023: £1.38M
Employees
-1vs 20232023: 83
In 2024, TORMAGE LIMITED reported net assets of £2.75M. The same filing shows total assets of £7.99M, cash in bank of £189.68K and total liabilities of £1.41M. Reported headcount was 82 in 2024. Total Assets rose from £7.87M in 2023 to £7.99M in 2024 (1.53%). 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
-0.20%from £2.76M 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 TORMAGE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+0.5%vs 2022+0.3% a year compound (CAGR)
Cash in Bank
-55.9%vs 2022-33.6% a year compound (CAGR)
Total Assets
-0.8%vs 2022-0.4% a year compound (CAGR)
Total Liabilities
-9.7%vs 2022-5% a year compound (CAGR)
Employees
+1.2%vs 2022+1Biggest increase
Employees+1.2%
81 in 2022 to 82 in 2024
Biggest decrease
Cash in Bank-55.9%
£430.48K in 2022 to £189.68K in 2024
TORMAGE LIMITED'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 TORMAGE 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
- 34.46%2024
- Liabilities to total assets
- 17.65%2024
- Cash to liabilities
- 13.45%2024
- Cash to total assets
- 2.37%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 TORMAGE 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£ | 2.62M | 2.74M | 2.76M | 2.75M |
| Total Assets£ | 8.16M | 8.06M | 7.87M | 7.99M |
| Cash in Bank£ | 459.59K | 430.48K | 274.85K | 189.68K |
| Total Liabilities£ | 1.77M | 1.56M | 1.38M | 1.41M |
| Employees | 66 | 81 | 83 | 82 |
TORMAGE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has TORMAGE LIMITED filed financial statements?
Yes. Okredo holds filed figures for TORMAGE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did TORMAGE LIMITED report in 2024?
TORMAGE LIMITED reported net assets of £2.75M for 2024. That compares with £2.76M in 2023, a change of -0.20%.
What total assets did TORMAGE LIMITED report in 2024?
TORMAGE LIMITED reported total assets of £7.99M for 2024. That compares with £7.87M in 2023, a change of 1.53%.
What cash in bank did TORMAGE LIMITED report in 2024?
TORMAGE LIMITED reported cash in bank of £189.68K for 2024. That compares with £274.85K in 2023, a change of -30.99%.
How many people does TORMAGE LIMITED employ?
TORMAGE LIMITED reported 82 employees in 2024, compared with 83 in 2023.
How have TORMAGE LIMITED financials changed over the last 3 years?
Between 2022 and 2024, TORMAGE LIMITED's net assets rose by 0.5%, cash in bank fell by 55.9%, total assets fell by 0.8% and total liabilities fell by 9.7%. Net assets compounded at 0.3% a year across the two years to 2024, from £2.74M to £2.75M. Reported headcount went from 81 in 2022 to 82 in 2024 (+1).
Which years of TORMAGE LIMITED 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.