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TURNERS PLUMBING ENGINEERS LTD Financials

Company number
06742095Copy
Copy
Registered office
Countrywide House, Knights Way, Shrewsbury, Shropshire SY1 3AB
Incorporated
05/11/2008

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£877.78K2024
-3.83%vs 2023

2023: £912.75K

Total Assets

£1.24M2024
1.80%vs 2023

2023: £1.22M

Cash in Bank

£119.37K2024
-60.57%vs 2023

2023: £302.70K

Total Liabilities

£334.04K2024
22.97%vs 2023

2023: £271.64K

Employees

72024
-1vs 2023

2023: 8

In 2024, TURNERS PLUMBING ENGINEERS LTD reported net assets of £877.78K. The same filing shows total assets of £1.24M, cash in bank of £119.37K and total liabilities of £334.04K. Reported headcount was 7 in 2024. Cash in Bank fell from £302.70K in 2023 to £119.37K in 2024 (-60.57%). 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

£877.78K2024
-3.83%from £912.75K 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 TURNERS PLUMBING ENGINEERS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£942.14K2022£877.78K2024
-6.8%vs 2022

-3.5% a year compound (CAGR)

Cash in Bank

£380.09K2022£119.37K2024
-68.6%vs 2022

-44% a year compound (CAGR)

Total Assets

£1.27M2022£1.24M2024
-2.3%vs 2022

-1.2% a year compound (CAGR)

Total Liabilities

£311.51K2022£334.04K2024
+7.2%vs 2022

+3.6% a year compound (CAGR)

Employees

8202272024
-12.5%vs 2022-1

Biggest increase

Total Liabilities+7.2%

£311.51K in 2022 to £334.04K in 2024

Biggest decrease

Cash in Bank-68.6%

£380.09K in 2022 to £119.37K in 2024

TURNERS PLUMBING ENGINEERS LTD'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from TURNERS PLUMBING ENGINEERS 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
70.53%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
26.84%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
35.73%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
9.59%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 TURNERS PLUMBING ENGINEERS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£833.51K942.14K912.75K877.78K
Total Assets£1.25M1.27M1.22M1.24M
Cash in Bank£279.67K380.09K302.70K119.37K
Total Liabilities£384.93K311.51K271.64K334.04K
Employees14887

TURNERS PLUMBING ENGINEERS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for TURNERS PLUMBING ENGINEERS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

TURNERS PLUMBING ENGINEERS LTD reported net assets of £877.78K for 2024. That compares with £912.75K in 2023, a change of -3.83%.

TURNERS PLUMBING ENGINEERS LTD reported total assets of £1.24M for 2024. That compares with £1.22M in 2023, a change of 1.80%.

TURNERS PLUMBING ENGINEERS LTD reported cash in bank of £119.37K for 2024. That compares with £302.70K in 2023, a change of -60.57%.

TURNERS PLUMBING ENGINEERS LTD reported 7 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, TURNERS PLUMBING ENGINEERS LTD's net assets fell by 6.8%, cash in bank fell by 68.6%, total assets fell by 2.3% and total liabilities rose by 7.2%. Net assets contracted at 3.5% a year across the two years to 2024, from £942.14K to £877.78K. Reported headcount went from 8 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.