TRACE HEATING SPECIALIST SERVICES LIMITED Financials
- Company number
- 09187729CopyCopy
- Registered office
- Unit K, Manawey Industrial Estate, 9 Holder Road, Aldershot, Hampshire GU12 4RH
- Incorporated
- 28/08/2014
Company snapshot
- Status
- Active
- Employees
- 11 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
181.10%vs 20242024: £304.52K
Total Assets
115.53%vs 20242024: £1.11M
Cash in Bank
179.50%vs 20242024: £266.29K
Total Liabilities
94.40%vs 20242024: £637.98K
Employees
+6vs 20242024: 5
In 2025, TRACE HEATING SPECIALIST SERVICES LIMITED reported net assets of £856.03K. The same filing shows total assets of £2.40M, cash in bank of £744.27K and total liabilities of £1.24M. Reported headcount was 11 in 2025. Total Assets rose from £1.11M in 2024 to £2.40M in 2025 (115.53%). Okredo holds filed figures for 2021–2025; 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
181.10%from £304.52K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TRACE HEATING SPECIALIST SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+61001%vs 2023+2372% a year compound (CAGR)
Cash in Bank
+1774%vs 2023+333% a year compound (CAGR)
Total Assets
+505%vs 2023+146% a year compound (CAGR)
Total Liabilities
+389%vs 2023+121% a year compound (CAGR)
Employees
Increasedvs 2023+15Biggest increase
Net Assets+61001%
£1.40K in 2023 to £856.03K in 2025
Every indicator Okredo holds for TRACE HEATING SPECIALIST SERVICES LIMITED rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRACE HEATING SPECIALIST SERVICES 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
- 35.65%2025
- 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
- 51.65%2025
- 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
- 60.01%2025
- 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
- 30.99%2025
- 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 TRACE HEATING SPECIALIST SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 34.94K | 3.64K | 1.40K | 304.52K | 856.03K |
| Total Assets£ | 317.73K | – | 396.97K | 1.11M | 2.40M |
| Cash in Bank£ | 128.87K | 110.79K | 39.71K | 266.29K | 744.27K |
| Total Liabilities£ | 135.96K | – | 253.71K | 637.98K | 1.24M |
| Employees | -4 | 4 | -4 | 5 | 11 |
TRACE HEATING SPECIALIST SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRACE HEATING SPECIALIST SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
TRACE HEATING SPECIALIST SERVICES LIMITED reported net assets of £856.03K for 2025. That compares with £304.52K in 2024, a change of 181.10%.
TRACE HEATING SPECIALIST SERVICES LIMITED reported total assets of £2.40M for 2025. That compares with £1.11M in 2024, a change of 115.53%.
TRACE HEATING SPECIALIST SERVICES LIMITED reported cash in bank of £744.27K for 2025. That compares with £266.29K in 2024, a change of 179.50%.
TRACE HEATING SPECIALIST SERVICES LIMITED reported 11 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, TRACE HEATING SPECIALIST SERVICES LIMITED's net assets rose by 61001%, cash in bank rose by 1774%, total assets rose by 505% and total liabilities rose by 389%. Net assets compounded at 2372% a year across the two years to 2025, from £1.40K to £856.03K. Reported headcount went from -4 in 2023 to 11 in 2025 (+15).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.