WESSEX LIFT CO LTD Financials
- Company number
- 01269836CopyCopy
- Registered office
- No 38 The Maltings No 38 The Malting Business Centre, The Maltings, Stanstead Abbotts, Herts SG12 8HG
- Incorporated
- 21/07/1976
Company snapshot
- Status
- Active
- Employees
- 116 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
34.59%vs 20232023: £1.33M
Total Assets
-1.80%vs 20232023: £9.87M
Cash in Bank
77.45%vs 20232023: £202.70K
Total Liabilities
-8.53%vs 20232023: £6.74M
Employees
-13vs 20232023: 129
In 2024, WESSEX LIFT CO LTD reported net assets of £1.79M. The same filing shows total assets of £9.69M, cash in bank of £359.70K and total liabilities of £6.17M. Reported headcount was 116 in 2024. Total Liabilities fell from £6.74M in 2023 to £6.17M in 2024 (-8.53%). 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
34.59%from £1.33M 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 WESSEX LIFT CO LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+43.5%vs 2022+19.8% a year compound (CAGR)
Cash in Bank
+71839%vs 2022+2582% a year compound (CAGR)
Total Assets
+26.6%vs 2022+12.5% a year compound (CAGR)
Total Liabilities
-3.8%vs 2022-1.9% a year compound (CAGR)
Employees
-10.8%vs 2022-14Biggest increase
Cash in Bank+71839%
£500.00 in 2022 to £359.70K in 2024
Biggest decrease
Employees-10.8%
130 in 2022 to 116 in 2024
WESSEX LIFT CO LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WESSEX LIFT CO 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
- 18.43%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
- 63.62%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
- 5.83%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
- 3.71%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £122.88K2024
- 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 WESSEX LIFT CO 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£ | 2.27M | 1.25M | 1.33M | 1.79M |
| Total Assets£ | 7.27M | 7.66M | 9.87M | 9.69M |
| Cash in Bank£ | 38.60K | 500.00 | 202.70K | 359.70K |
| Total Liabilities£ | 5.00M | 6.41M | 6.74M | 6.17M |
| Employees | 131 | 130 | 129 | 116 |
WESSEX LIFT CO LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WESSEX LIFT CO LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WESSEX LIFT CO LTD reported net assets of £1.79M for 2024. That compares with £1.33M in 2023, a change of 34.59%.
WESSEX LIFT CO LTD reported total assets of £9.69M for 2024. That compares with £9.87M in 2023, a change of -1.80%.
WESSEX LIFT CO LTD reported cash in bank of £359.70K for 2024. That compares with £202.70K in 2023, a change of 77.45%.
WESSEX LIFT CO LTD reported 116 employees in 2024, compared with 129 in 2023.
Between 2022 and 2024, WESSEX LIFT CO LTD's net assets rose by 43.5%, cash in bank rose by 71839%, total assets rose by 26.6% and total liabilities fell by 3.8%. Net assets compounded at 19.8% a year across the two years to 2024, from £1.25M to £1.79M. Reported headcount went from 130 in 2022 to 116 in 2024 (-14).
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.