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WESTWOOD PIPELINES LIMITED Financials

Company number
04613101Copy
Copy
Registered office
Westwood Pipelines Ltd Westwood Business Park, Belton Road, Sandtoft, South Yorkshire DN8 5BF
Incorporated
10/12/2002

Company snapshot

Status
Active
Employees
40 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£1.54M2024
21.56%vs 2023

2023: £1.27M

Total Assets

£6.81M2024
-10.03%vs 2023

2023: £7.57M

Cash in Bank

£110.96K2024
-90.02%vs 2023

2023: £1.11M

Total Liabilities

£5.27M2024
-16.38%vs 2023

2023: £6.30M

Employees

402024
+3vs 2023

2023: 37

In 2024, WESTWOOD PIPELINES LIMITED reported net assets of £1.54M. The same filing shows total assets of £6.81M, cash in bank of £110.96K and total liabilities of £5.27M. Reported headcount was 40 in 2024. Total Liabilities fell from £6.30M in 2023 to £5.27M in 2024 (-16.38%). 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

£1.54M2024
21.56%from £1.27M in 2023

Year-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 WESTWOOD PIPELINES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.52M2022£1.54M2024
-38.8%vs 2022

-21.7% a year compound (CAGR)

Cash in Bank

£2.13M2022£110.96K2024
-94.8%vs 2022

-77.2% a year compound (CAGR)

Total Assets

£9.17M2022£6.81M2024
-25.7%vs 2022

-13.8% a year compound (CAGR)

Total Liabilities

£6.65M2022£5.27M2024
-20.8%vs 2022

-11% a year compound (CAGR)

Employees

312022402024
+29%vs 2022+9

Biggest increase

Employees+29%

31 in 2022 to 40 in 2024

Biggest decrease

Cash in Bank-94.8%

£2.13M in 2022 to £110.96K in 2024

WESTWOOD PIPELINES 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WESTWOOD PIPELINES 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
22.63%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
77.37%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
2.11%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
1.63%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£293.39K2024
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 WESTWOOD PIPELINES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£2.52M1.27M1.54M
Total Assets£9.17M7.57M6.81M
Cash in Bank£2.13M1.11M110.96K
Total Liabilities£6.65M6.30M5.27M
Employees313740

WESTWOOD PIPELINES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WESTWOOD PIPELINES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

WESTWOOD PIPELINES LIMITED reported net assets of £1.54M for 2024. That compares with £1.27M in 2023, a change of 21.56%.

WESTWOOD PIPELINES LIMITED reported total assets of £6.81M for 2024. That compares with £7.57M in 2023, a change of -10.03%.

WESTWOOD PIPELINES LIMITED reported cash in bank of £110.96K for 2024. That compares with £1.11M in 2023, a change of -90.02%.

WESTWOOD PIPELINES LIMITED reported 40 employees in 2024, compared with 37 in 2023.

Between 2022 and 2024, WESTWOOD PIPELINES LIMITED's net assets fell by 38.8%, cash in bank fell by 94.8%, total assets fell by 25.7% and total liabilities fell by 20.8%. Net assets contracted at 21.7% a year across the two years to 2024, from £2.52M to £1.54M. Reported headcount went from 31 in 2022 to 40 in 2024 (+9).

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.