TOWMATE TRAILERS LTD Financials
- Company number
- 10874424CopyCopy
- Registered office
- Whitehall Road, Colchester, Essex CO2 8WA
- Incorporated
- 19/07/2017
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
103.12%vs 20232023: £1.15M
Total Assets
74.71%vs 20232023: £2.66M
Cash in Bank
303.02%vs 20232023: £535.63K
Total Liabilities
72.20%vs 20232023: £1.21M
Employees
0vs 20232023: 11
In 2024, TOWMATE TRAILERS LTD reported net assets of £2.33M. The same filing shows total assets of £4.64M, cash in bank of £2.16M and total liabilities of £2.09M. Reported headcount was 11 in 2024. Total Assets rose from £2.66M in 2023 to £4.64M in 2024 (74.71%). Okredo holds filed figures for 2022–2024; 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
103.12%from £1.15M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TOWMATE TRAILERS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+232580200%vs 2022+152406% a year compound (CAGR)
Cash in Bank
+215869300%vs 2022+146825% a year compound (CAGR)
Total Assets
+464440700%vs 2022+215409% a year compound (CAGR)
Total Liabilities
Increasedvs 2022Employees
+267%vs 2022+8Biggest increase
Total Assets+464440700%
£1.00 in 2022 to £4.64M in 2024
Every indicator Okredo holds for TOWMATE TRAILERS LTD rose between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with net assets, cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TOWMATE TRAILERS 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
- 50.08%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
- 44.91%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
- 103.49%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
- 46.48%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 TOWMATE TRAILERS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.00 | 1.15M | 2.33M |
| Total Assets£ | 1.00 | 2.66M | 4.64M |
| Cash in Bank£ | 1.00 | 535.63K | 2.16M |
| Total Liabilities£ | 0.00 | 1.21M | 2.09M |
| Employees | 3 | 11 | 11 |
TOWMATE TRAILERS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TOWMATE TRAILERS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
TOWMATE TRAILERS LTD reported net assets of £2.33M for 2024. That compares with £1.15M in 2023, a change of 103.12%.
TOWMATE TRAILERS LTD reported total assets of £4.64M for 2024. That compares with £2.66M in 2023, a change of 74.71%.
TOWMATE TRAILERS LTD reported cash in bank of £2.16M for 2024. That compares with £535.63K in 2023, a change of 303.02%.
TOWMATE TRAILERS LTD reported 11 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, TOWMATE TRAILERS LTD's net assets rose by 232580200%, cash in bank rose by 215869300%, total assets rose by 464440700% and employee numbers rose by 267%. Net assets compounded at 152406% a year across the two years to 2024, from £1.00 to £2.33M. Reported headcount went from 3 in 2022 to 11 in 2024 (+8).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.