Active

TURF SERVICES LIMITED Financials

Company number
05987432Copy
Copy
Registered office
52 Bourne Hall Mallows Grove, Dudley, West Midlands DY1 4SU
Incorporated
03/11/2006

Company snapshot

Status
Active
Employees
19 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£597.96K2024
25.70%vs 2023

2023: £475.69K

Total Assets

£1.44M2024
32.70%vs 2023

2023: £1.08M

Cash in Bank

£376.81K2024
659.36%vs 2023

2023: £49.62K

Total Liabilities

£838.57K2024
38.18%vs 2023

2023: £606.88K

Employees

192024
-1vs 2023

2023: 20

In 2024, TURF SERVICES LIMITED reported net assets of £597.96K. The same filing shows total assets of £1.44M, cash in bank of £376.81K and total liabilities of £838.57K. Reported headcount was 19 in 2024. Total Assets rose from £1.08M in 2023 to £1.44M in 2024 (32.70%). 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

£597.96K2024
25.70%from £475.69K 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 TURF SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£361.90K2022£597.96K2024
+65.2%vs 2022

+28.5% a year compound (CAGR)

Cash in Bank

£197.60K2022£376.81K2024
+90.7%vs 2022

+38.1% a year compound (CAGR)

Total Assets

£1.03M2022£1.44M2024
+39.4%vs 2022

+18.1% a year compound (CAGR)

Total Liabilities

£668.79K2022£838.57K2024
+25.4%vs 2022

+12% a year compound (CAGR)

Employees

132022192024
+46.2%vs 2022+6

Biggest increase

Cash in Bank+90.7%

£197.60K in 2022 to £376.81K in 2024

Every indicator Okredo holds for TURF SERVICES LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from TURF 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
41.63%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
58.37%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
44.94%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
26.23%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 TURF SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£67.94K361.90K475.69K597.96K
Total Assets£646.08K1.03M1.08M1.44M
Cash in Bank£36.99K197.60K49.62K376.81K
Total Liabilities£578.14K668.79K606.88K838.57K
Employees16132019

TURF SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

TURF SERVICES LIMITED reported net assets of £597.96K for 2024. That compares with £475.69K in 2023, a change of 25.70%.

TURF SERVICES LIMITED reported total assets of £1.44M for 2024. That compares with £1.08M in 2023, a change of 32.70%.

TURF SERVICES LIMITED reported cash in bank of £376.81K for 2024. That compares with £49.62K in 2023, a change of 659.36%.

TURF SERVICES LIMITED reported 19 employees in 2024, compared with 20 in 2023.

Between 2022 and 2024, TURF SERVICES LIMITED's net assets rose by 65.2%, cash in bank rose by 90.7%, total assets rose by 39.4% and total liabilities rose by 25.4%. Net assets compounded at 28.5% a year across the two years to 2024, from £361.90K to £597.96K. Reported headcount went from 13 in 2022 to 19 in 2024 (+6).

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.