TORSION CARE LIMITED Financials
- Company number
- 11480267CopyCopy
- Registered office
- Tomlinson House Capitol Boulevard, Morley, Leeds LS27 0TS
- Incorporated
- 24/07/2018
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
25.34%vs 20232023: £3.41M
Total Assets
88.62%vs 20232023: £11.83M
Cash in Bank
-33.42%vs 20232023: £661.15K
Total Liabilities
113.84%vs 20232023: £8.42M
Employees
+5vs 20232023: 9
In 2024, TORSION CARE LIMITED reported net assets of £4.27M. The same filing shows total assets of £22.31M, cash in bank of £440.18K and total liabilities of £18.01M. Reported headcount was 14 in 2024. Total Assets rose from £11.83M in 2023 to £22.31M in 2024 (88.62%). 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
25.34%from £3.41M 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 TORSION CARE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+20.7%vs 2022+9.9% a year compound (CAGR)
Cash in Bank
+841%vs 2022+207% a year compound (CAGR)
Total Assets
+211%vs 2022+76.3% a year compound (CAGR)
Total Liabilities
+395%vs 2022+122% a year compound (CAGR)
Employees
+133%vs 2022+8Biggest increase
Cash in Bank+841%
£46.79K in 2022 to £440.18K in 2024
Every indicator Okredo holds for TORSION CARE LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TORSION CARE 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
- 19.14%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
- 80.70%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
- 2.44%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
- 1.97%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 TORSION CARE 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£ | 777.98K | 3.54M | 3.41M | 4.27M |
| Total Assets£ | 2.73M | 7.18M | 11.83M | 22.31M |
| Cash in Bank£ | 1.01M | 46.79K | 661.15K | 440.18K |
| Total Liabilities£ | 1.95M | 3.64M | 8.42M | 18.01M |
| Employees | 3 | 6 | 9 | 14 |
TORSION CARE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TORSION CARE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TORSION CARE LIMITED reported net assets of £4.27M for 2024. That compares with £3.41M in 2023, a change of 25.34%.
TORSION CARE LIMITED reported total assets of £22.31M for 2024. That compares with £11.83M in 2023, a change of 88.62%.
TORSION CARE LIMITED reported cash in bank of £440.18K for 2024. That compares with £661.15K in 2023, a change of -33.42%.
TORSION CARE LIMITED reported 14 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, TORSION CARE LIMITED's net assets rose by 20.7%, cash in bank rose by 841%, total assets rose by 211% and total liabilities rose by 395%. Net assets compounded at 9.9% a year across the two years to 2024, from £3.54M to £4.27M. Reported headcount went from 6 in 2022 to 14 in 2024 (+8).
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.