UTILITY SUPPORT SOLUTIONS LIMITED Financials
- Company number
- 07661510CopyCopy
- Registered office
- Penshaw Way, Portobello Industrial Estate, Chester Le Street, County Durham DH3 2SA
- Incorporated
- 08/06/2011
Company snapshot
- Status
- Active
- Employees
- 60 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
20.36%vs 20232023: £3.90M
Total Assets
43.08%vs 20232023: £7.78M
Cash in Bank
38.45%vs 20232023: £892.42K
Total Liabilities
46.26%vs 20232023: £2.88M
Employees
-12vs 20232023: 72
In 2024, UTILITY SUPPORT SOLUTIONS LIMITED reported net assets of £4.70M. The same filing shows total assets of £11.13M, cash in bank of £1.24M and total liabilities of £4.22M. Reported headcount was 60 in 2024. Total Assets rose from £7.78M in 2023 to £11.13M in 2024 (43.08%). 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
20.36%from £3.90M 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 UTILITY SUPPORT SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+50.8%vs 2022+22.8% a year compound (CAGR)
Cash in Bank
+6.9%vs 2022+3.4% a year compound (CAGR)
Total Assets
+68.5%vs 2022+29.8% a year compound (CAGR)
Total Liabilities
+20.9%vs 2022+9.9% a year compound (CAGR)
Employees
-36.8%vs 2022-35Biggest increase
Total Assets+68.5%
£6.61M in 2022 to £11.13M in 2024
Biggest decrease
Employees-36.8%
95 in 2022 to 60 in 2024
UTILITY SUPPORT SOLUTIONS 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from UTILITY SUPPORT SOLUTIONS 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
- 42.22%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
- 37.89%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
- 29.29%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
- 11.10%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £173.11K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for UTILITY SUPPORT SOLUTIONS 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£ | 3.20M | 3.12M | 3.90M | 4.70M |
| Total Assets£ | 6.05M | 6.61M | 7.78M | 11.13M |
| Cash in Bank£ | 2.01M | 1.16M | 892.42K | 1.24M |
| Total Liabilities£ | 2.86M | 3.49M | 2.88M | 4.22M |
| Employees | 0 | 95 | 72 | 60 |
UTILITY SUPPORT SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for UTILITY SUPPORT SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
UTILITY SUPPORT SOLUTIONS LIMITED reported net assets of £4.70M for 2024. That compares with £3.90M in 2023, a change of 20.36%.
UTILITY SUPPORT SOLUTIONS LIMITED reported total assets of £11.13M for 2024. That compares with £7.78M in 2023, a change of 43.08%.
UTILITY SUPPORT SOLUTIONS LIMITED reported cash in bank of £1.24M for 2024. That compares with £892.42K in 2023, a change of 38.45%.
UTILITY SUPPORT SOLUTIONS LIMITED reported 60 employees in 2024, compared with 72 in 2023.
Between 2022 and 2024, UTILITY SUPPORT SOLUTIONS LIMITED's net assets rose by 50.8%, cash in bank rose by 6.9%, total assets rose by 68.5% and total liabilities rose by 20.9%. Net assets compounded at 22.8% a year across the two years to 2024, from £3.12M to £4.70M. Reported headcount went from 95 in 2022 to 60 in 2024 (-35).
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.