WESTCO RESOURCES LIMITED Financials
- Company number
- 13648015CopyCopy
- Registered office
- Redcliffe Hotel, 4 Marine Drive, Paignton TQ3 2NL
- Incorporated
- 28/09/2021
Company snapshot
- Status
- Active
- Employees
- 177 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-1.82K%vs 20232023: £-10.41K
Total Assets
-99.09%vs 20232023: £2.84M
Cash in Bank
First reported yearTotal Liabilities
469.23%vs 20222022: £500.72K
Employees
+76vs 20232023: 101
In 2024, WESTCO RESOURCES LIMITED reported net assets of £-199.52K. The same filing shows total assets of £25.86K, cash in bank of £1.78K and total liabilities of £2.85M. Reported headcount was 177 in 2024. Total Assets fell from £2.84M in 2023 to £25.86K in 2024 (-99.09%). Okredo holds filed figures for 2022–2024; 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
-1.82K%from £-10.41K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures WESTCO RESOURCES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
-94.8%vs 2022-77.2% a year compound (CAGR)
Employees
+92.4%vs 2022+85Biggest increase
Employees+92.4%
92 in 2022 to 177 in 2024
Biggest decrease
Total Assets-94.8%
£498.66K in 2022 to £25.86K in 2024
WESTCO RESOURCES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WESTCO RESOURCES 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
- -771.49%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
- 100.37%2023
- 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 total assets
- 6.89%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 WESTCO RESOURCES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -2.06K | -10.41K | -199.52K |
| Total Assets£ | 498.66K | 2.84M | 25.86K |
| Cash in Bank£ | – | – | 1.78K |
| Total Liabilities£ | 500.72K | 2.85M | – |
| Employees | 92 | 101 | 177 |
WESTCO RESOURCES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WESTCO RESOURCES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
WESTCO RESOURCES LIMITED reported net assets of £-199.52K for 2024. That compares with £-10.41K in 2023, a change of -1.82K%.
WESTCO RESOURCES LIMITED reported total assets of £25.86K for 2024. That compares with £2.84M in 2023, a change of -99.09%.
WESTCO RESOURCES LIMITED reported cash in bank of £1.78K for 2024. There is no earlier filing to compare it against.
WESTCO RESOURCES LIMITED reported 177 employees in 2024, compared with 101 in 2023.
Between 2022 and 2024, WESTCO RESOURCES LIMITED's total assets fell by 94.8% and employee numbers rose by 92.4%. Total assets contracted at 77.2% a year across the two years to 2024, from £498.66K to £25.86K. Reported headcount went from 92 in 2022 to 177 in 2024 (+85).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.