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WESSEX CONTROLS LTD Financials

Company number
05646203Copy
Copy
Registered office
Unit 7 Claylands Park, Claylands Road, Bishops Waltham, Hampshire SO32 1QD
Incorporated
06/12/2005

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£250.002024
-98.85%vs 2023

2023: £21.77K

Total Assets

£41.30K2024
14.15%vs 2023

2023: £36.18K

Cash in Bank

£27.01K2024
-25.34%vs 2023

2023: £36.18K

Total Liabilities

£41.05K2024
184.89%vs 2023

2023: £14.41K

Employees

32023
-1vs 2022

2022: 4

In 2024, WESSEX CONTROLS LTD reported net assets of £250.00. The same filing shows total assets of £41.30K, cash in bank of £27.01K and total liabilities of £41.05K. Reported headcount was 3 in 2023. Total Liabilities rose from £14.41K in 2023 to £41.05K in 2024 (184.89%). 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

£250.002024
-98.85%from £21.77K 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 WESSEX CONTROLS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£86.02K2022£250.002024
-99.7%vs 2022

-94.6% a year compound (CAGR)

Cash in Bank

£76.58K2022£27.01K2024
-64.7%vs 2022

-40.6% a year compound (CAGR)

Total Assets

£124.00K2022£41.30K2024
-66.7%vs 2022

-42.3% a year compound (CAGR)

Total Liabilities

£32.58K2022£41.05K2024
+26%vs 2022

+12.2% a year compound (CAGR)

Biggest increase

Total Liabilities+26%

£32.58K in 2022 to £41.05K in 2024

Biggest decrease

Net Assets-99.7%

£86.02K in 2022 to £250.00 in 2024

WESSEX CONTROLS 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WESSEX CONTROLS 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
0.61%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
99.39%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
65.81%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
65.41%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 WESSEX CONTROLS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£90.90K86.02K21.77K250.00
Total Assets£141.66K124.00K36.18K41.30K
Cash in Bank£19.45K76.58K36.18K27.01K
Total Liabilities£43.55K32.58K14.41K41.05K
Employees443–

WESSEX CONTROLS LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

WESSEX CONTROLS LTD reported net assets of £250.00 for 2024. That compares with £21.77K in 2023, a change of -98.85%.

WESSEX CONTROLS LTD reported total assets of £41.30K for 2024. That compares with £36.18K in 2023, a change of 14.15%.

WESSEX CONTROLS LTD reported cash in bank of £27.01K for 2024. That compares with £36.18K in 2023, a change of -25.34%.

WESSEX CONTROLS LTD reported 3 employees in 2023, compared with 4 in 2022.

Between 2022 and 2024, WESSEX CONTROLS LTD's net assets fell by 99.7%, cash in bank fell by 64.7%, total assets fell by 66.7% and total liabilities rose by 26%. Net assets contracted at 94.6% a year across the two years to 2024, from £86.02K to £250.00. The largest gain over the period was total liabilities, up 26% from £32.58K to £41.05K.

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.