TZ WELDING LTD Financials
- Company number
- 09897067CopyCopy
- Registered office
- Unit 6b Birchwood Lane, Knockholt, Sevenoaks TN14 7LP
- Incorporated
- 01/12/2015
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
17.40%vs 20232023: £-114.50K
Total Assets
-17.32%vs 20232023: £20.52K
Cash in Bank
-64.58%vs 20222022: £7.95K
Total Liabilities
-17.38%vs 20232023: £135.02K
Employees
0vs 20232023: 6
In 2024, TZ WELDING LTD reported net assets of £-94.58K. The same filing shows total assets of £16.97K, cash in bank of £2.82K and total liabilities of £111.55K. Reported headcount was 6 in 2024. Total Liabilities fell from £135.02K in 2023 to £111.55K in 2024 (-17.38%). 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
17.40%from £-114.50K 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 TZ WELDING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Total Assets
-1.7%vs 2022-0.9% a year compound (CAGR)
Total Liabilities
-3.3%vs 2022-1.7% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Liabilities-3.3%
£115.36K in 2022 to £111.55K in 2024
TZ WELDING LTD's filings pull in both directions between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TZ WELDING 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
- -557.47%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
- 657.47%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
- 2.08%2023
- 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
- 13.72%2023
- 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 TZ WELDING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -118.62K | -98.10K | -114.50K | -94.58K |
| Total Assets£ | 7.85K | 17.26K | 20.52K | 16.97K |
| Cash in Bank£ | 8.00 | 7.95K | 2.82K | – |
| Total Liabilities£ | 126.47K | 115.36K | 135.02K | 111.55K |
| Employees | 6 | 6 | 6 | 6 |
TZ WELDING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TZ WELDING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TZ WELDING LTD reported net assets of £-94.58K for 2024. That compares with £-114.50K in 2023, a change of 17.40%.
TZ WELDING LTD reported total assets of £16.97K for 2024. That compares with £20.52K in 2023, a change of -17.32%.
TZ WELDING LTD reported cash in bank of £2.82K for 2023. That compares with £7.95K in 2022, a change of -64.58%.
TZ WELDING LTD reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, TZ WELDING LTD's total assets fell by 1.7%, total liabilities fell by 3.3% and employee numbers was unchanged. Total assets contracted at 0.9% a year across the two years to 2024, from £17.26K to £16.97K. Reported headcount went from 6 in 2022 to 6 in 2024.
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.