TRICUT ENGINEERING LIMITED Financials
- Company number
- 07075221CopyCopy
- Registered office
- Wiston House, 1 Wiston Avenue, Worthing, West Sussex BN14 7QL
- Incorporated
- 13/11/2009
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-11.59%vs 20232023: £7.86K
Total Assets
-4.93%vs 20232023: £403.08K
Total Liabilities
-4.80%vs 20232023: £395.22K
Employees
0vs 20232023: 8
In 2024, TRICUT ENGINEERING LIMITED reported net assets of £6.95K. The same filing shows total assets of £383.19K and total liabilities of £376.24K. Reported headcount was 8 in 2024. Total Assets fell from £403.08K in 2023 to £383.19K in 2024 (-4.93%). 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
-11.59%from £7.86K 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 TRICUT ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-33.9%vs 2022-18.7% a year compound (CAGR)
Total Assets
+10.1%vs 2022+4.9% a year compound (CAGR)
Total Liabilities
+11.4%vs 2022+5.6% a year compound (CAGR)
Employees
-20%vs 2022-2Biggest increase
Total Liabilities+11.4%
£337.69K in 2022 to £376.24K in 2024
Biggest decrease
Net Assets-33.9%
£10.51K in 2022 to £6.95K in 2024
TRICUT ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRICUT ENGINEERING 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
- 1.81%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
- 98.19%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 TRICUT ENGINEERING 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£ | 42.97K | 10.51K | 7.86K | 6.95K |
| Total Assets£ | 274.94K | 348.20K | 403.08K | 383.19K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 231.97K | 337.69K | 395.22K | 376.24K |
| Employees | 8 | 10 | 8 | 8 |
TRICUT ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRICUT ENGINEERING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
TRICUT ENGINEERING LIMITED reported net assets of £6.95K for 2024. That compares with £7.86K in 2023, a change of -11.59%.
TRICUT ENGINEERING LIMITED reported total assets of £383.19K for 2024. That compares with £403.08K in 2023, a change of -4.93%.
TRICUT ENGINEERING LIMITED reported total liabilities of £376.24K for 2024. That compares with £395.22K in 2023, a change of -4.80%.
TRICUT ENGINEERING LIMITED reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, TRICUT ENGINEERING LIMITED's net assets fell by 33.9%, total assets rose by 10.1%, total liabilities rose by 11.4% and employee numbers fell by 20%. Net assets contracted at 18.7% a year across the two years to 2024, from £10.51K to £6.95K. Reported headcount went from 10 in 2022 to 8 in 2024 (-2).
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.