WELZH WERKZEUG LIMITED Financials
- Company number
- SC403220CopyCopy
- Registered office
- Welzh House, Loanwath Road, Gretna DG16 5HD
- Incorporated
- 08/07/2011
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
21.81%vs 20232023: £3.94M
Total Assets
12.51%vs 20232023: £6.12M
Cash in Bank
32.98%vs 20232023: £1.74M
Total Liabilities
-21.66%vs 20232023: £1.22M
Employees
+4vs 20232023: 11
In 2024, WELZH WERKZEUG LIMITED reported net assets of £4.79M. The same filing shows total assets of £6.89M, cash in bank of £2.32M and total liabilities of £958.09K. Reported headcount was 15 in 2024. Net Assets rose from £3.94M in 2023 to £4.79M in 2024 (21.81%). 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
21.81%from £3.94M 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 WELZH WERKZEUG LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+55.9%vs 2022+24.9% a year compound (CAGR)
Cash in Bank
+358%vs 2022+114% a year compound (CAGR)
Total Assets
+40.7%vs 2022+18.6% a year compound (CAGR)
Total Liabilities
-7.9%vs 2022-4% a year compound (CAGR)
Employees
+25%vs 2022+3Biggest increase
Cash in Bank+358%
£505.71K in 2022 to £2.32M in 2024
Biggest decrease
Total Liabilities-7.9%
£1.04M in 2022 to £958.09K in 2024
WELZH WERKZEUG LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WELZH WERKZEUG 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
- 69.60%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
- 13.91%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
- 241.78%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
- 33.63%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 WELZH WERKZEUG 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£ | 2.66M | 3.07M | 3.94M | 4.79M |
| Total Assets£ | 4.58M | 4.90M | 6.12M | 6.89M |
| Cash in Bank£ | 562.92K | 505.71K | 1.74M | 2.32M |
| Total Liabilities£ | 1.17M | 1.04M | 1.22M | 958.09K |
| Employees | 12 | 12 | 11 | 15 |
WELZH WERKZEUG LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WELZH WERKZEUG LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WELZH WERKZEUG LIMITED reported net assets of £4.79M for 2024. That compares with £3.94M in 2023, a change of 21.81%.
WELZH WERKZEUG LIMITED reported total assets of £6.89M for 2024. That compares with £6.12M in 2023, a change of 12.51%.
WELZH WERKZEUG LIMITED reported cash in bank of £2.32M for 2024. That compares with £1.74M in 2023, a change of 32.98%.
WELZH WERKZEUG LIMITED reported 15 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, WELZH WERKZEUG LIMITED's net assets rose by 55.9%, cash in bank rose by 358%, total assets rose by 40.7% and total liabilities fell by 7.9%. Net assets compounded at 24.9% a year across the two years to 2024, from £3.07M to £4.79M. Reported headcount went from 12 in 2022 to 15 in 2024 (+3).
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.