TOWER SOFTWARE LIMITED Financials
- Company number
- 04722260CopyCopy
- Registered office
- 32 Bilberry Close, Red Lodge, Bury St. Edmunds IP28 8GD
- Incorporated
- 03/04/2003
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
84.04%vs 20232023: £12.25K
Total Assets
5.97%vs 20232023: £82.55K
Total Liabilities
-7.64%vs 20232023: £70.30K
Employees
0vs 20232023: 3
In 2024, TOWER SOFTWARE LIMITED reported net assets of £22.55K. The same filing shows total assets of £87.48K and total liabilities of £64.93K. Reported headcount was 3 in 2024. Net Assets rose from £12.25K in 2023 to £22.55K in 2024 (84.04%). 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
84.04%from £12.25K 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 TOWER SOFTWARE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+192%vs 2022+70.8% a year compound (CAGR)
Total Assets
-2.8%vs 2022-1.4% a year compound (CAGR)
Total Liabilities
-21.1%vs 2022-11.2% a year compound (CAGR)
Employees
-25%vs 2022-1Biggest increase
Net Assets+192%
£7.73K in 2022 to £22.55K in 2024
Biggest decrease
Employees-25%
4 in 2022 to 3 in 2024
TOWER SOFTWARE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TOWER SOFTWARE 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
- 25.78%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
- 74.22%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TOWER SOFTWARE 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£ | -13.19K | 7.73K | 12.25K | 22.55K |
| Total Assets£ | 62.10K | 90.03K | 82.55K | 87.48K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 75.29K | 82.30K | 70.30K | 64.93K |
| Employees | 4 | 4 | 3 | 3 |
TOWER SOFTWARE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TOWER SOFTWARE LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
TOWER SOFTWARE LIMITED reported net assets of £22.55K for 2024. That compares with £12.25K in 2023, a change of 84.04%.
TOWER SOFTWARE LIMITED reported total assets of £87.48K for 2024. That compares with £82.55K in 2023, a change of 5.97%.
TOWER SOFTWARE LIMITED reported total liabilities of £64.93K for 2024. That compares with £70.30K in 2023, a change of -7.64%.
TOWER SOFTWARE LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, TOWER SOFTWARE LIMITED's net assets rose by 192%, total assets fell by 2.8%, total liabilities fell by 21.1% and employee numbers fell by 25%. Net assets compounded at 70.8% a year across the two years to 2024, from £7.73K to £22.55K. Reported headcount went from 4 in 2022 to 3 in 2024 (-1).
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.