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TRANSATLANTIC TRANSLATIONS LIMITED Financials

Company number
05859029Copy
Copy
Registered office
Suite 106 Denning House C/O Know Tax, George Street, Wolverhampton WV2 4DP
Incorporated
27/06/2006

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-1.22M2024
8.81%vs 2023

2023: £-1.33M

Total Assets

£148.72K2024
5.67%vs 2023

2023: £140.75K

Cash in Bank

£2.27K2024
-45.99%vs 2023

2023: £4.21K

Total Liabilities

£1.37M2024
-7.42%vs 2023

2023: £1.47M

Employees

72024
0vs 2023

2023: 7

In 2024, TRANSATLANTIC TRANSLATIONS LIMITED reported net assets of £-1.22M. The same filing shows total assets of £148.72K, cash in bank of £2.27K and total liabilities of £1.37M. Reported headcount was 7 in 2024. Net Assets rose from £-1.33M in 2023 to £-1.22M in 2024 (8.81%). 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

£-1.22M2024
8.81%from £-1.33M in 2023

Year-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 TRANSATLANTIC TRANSLATIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-1.35M2022£-1.22M2024
Increasedvs 2022

Cash in Bank

£6.64K2022£2.27K2024
-65.8%vs 2022

-41.5% a year compound (CAGR)

Total Assets

£105.01K2022£148.72K2024
+41.6%vs 2022

+19% a year compound (CAGR)

Total Liabilities

£1.46M2022£1.37M2024
-6.3%vs 2022

-3.2% a year compound (CAGR)

Employees

6202272024
+16.7%vs 2022+1

Biggest increase

Total Assets+41.6%

£105.01K in 2022 to £148.72K in 2024

Biggest decrease

Cash in Bank-65.8%

£6.64K in 2022 to £2.27K in 2024

TRANSATLANTIC TRANSLATIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 TRANSATLANTIC TRANSLATIONS 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
-818.00%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
918.00%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
0.17%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
1.53%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 TRANSATLANTIC TRANSLATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-1.36M-1.35M-1.33M-1.22M
Total Assets£224.90K105.01K140.75K148.72K
Cash in Bank£39.47K6.64K4.21K2.27K
Total Liabilities£1.58M1.46M1.47M1.37M
Employees6677

TRANSATLANTIC TRANSLATIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for TRANSATLANTIC TRANSLATIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

TRANSATLANTIC TRANSLATIONS LIMITED reported net assets of £-1.22M for 2024. That compares with £-1.33M in 2023, a change of 8.81%.

TRANSATLANTIC TRANSLATIONS LIMITED reported total assets of £148.72K for 2024. That compares with £140.75K in 2023, a change of 5.67%.

TRANSATLANTIC TRANSLATIONS LIMITED reported cash in bank of £2.27K for 2024. That compares with £4.21K in 2023, a change of -45.99%.

TRANSATLANTIC TRANSLATIONS LIMITED reported 7 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, TRANSATLANTIC TRANSLATIONS LIMITED's cash in bank fell by 65.8%, total assets rose by 41.6%, total liabilities fell by 6.3% and employee numbers rose by 16.7%. Cash in bank contracted at 41.5% a year across the two years to 2024, from £6.64K to £2.27K. Reported headcount went from 6 in 2022 to 7 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.