WEB OIL LIMITED Financials
- Company number
- 07964787CopyCopy
- Registered office
- Baltic Works,, Baltic Street, Hartlepool TS25 1PW
- Incorporated
- 24/02/2012
Company snapshot
- Status
- Active
- Employees
- 19 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
13.54%vs 20232023: £1.75M
Total Assets
1.21%vs 20232023: £9.71M
Cash in Bank
-7.04%vs 20232023: £5.90M
Total Liabilities
-1.63%vs 20232023: £7.77M
Employees
-3vs 20232023: 22
In 2024, WEB OIL LIMITED reported net assets of £1.99M. The same filing shows total assets of £9.83M, cash in bank of £5.49M and total liabilities of £7.65M. Reported headcount was 19 in 2024. Cash in Bank fell from £5.90M in 2023 to £5.49M in 2024 (-7.04%). 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
13.54%from £1.75M 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 WEB OIL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+77.4%vs 2022+33.2% a year compound (CAGR)
Cash in Bank
+46.6%vs 2022+21.1% a year compound (CAGR)
Employees
-20.8%vs 2022-5Biggest increase
Net Assets+77.4%
£1.12M in 2022 to £1.99M in 2024
Biggest decrease
Employees-20.8%
24 in 2022 to 19 in 2024
WEB OIL LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 WEB OIL 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
- 20.26%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
- 77.76%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
- 71.77%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
- 55.81%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £1.60M2024
- 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 WEB OIL 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£ | 680.34K | 1.12M | 1.75M | 1.99M |
| Total Assets£ | 8.04M | – | 9.71M | 9.83M |
| Cash in Bank£ | 3.13M | 3.74M | 5.90M | 5.49M |
| Total Liabilities£ | 6.98M | – | 7.77M | 7.65M |
| Employees | 27 | 24 | 22 | 19 |
WEB OIL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WEB OIL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WEB OIL LIMITED reported net assets of £1.99M for 2024. That compares with £1.75M in 2023, a change of 13.54%.
WEB OIL LIMITED reported total assets of £9.83M for 2024. That compares with £9.71M in 2023, a change of 1.21%.
WEB OIL LIMITED reported cash in bank of £5.49M for 2024. That compares with £5.90M in 2023, a change of -7.04%.
WEB OIL LIMITED reported 19 employees in 2024, compared with 22 in 2023.
Between 2022 and 2024, WEB OIL LIMITED's net assets rose by 77.4%, cash in bank rose by 46.6% and employee numbers fell by 20.8%. Net assets compounded at 33.2% a year across the two years to 2024, from £1.12M to £1.99M. Reported headcount went from 24 in 2022 to 19 in 2024 (-5).
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.