WESTWOOD PIPELINES LIMITED Financials
- Company number
- 04613101CopyCopy
- 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
2023: £1.27M
Total Assets
2023: £7.57M
Cash in Bank
2023: £1.11M
Total Liabilities
2023: £6.30M
Employees
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
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
-21.7% a year compound (CAGR)
Cash in Bank
-77.2% a year compound (CAGR)
Total Assets
-13.8% a year compound (CAGR)
Total Liabilities
-11% a year compound (CAGR)
Employees
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.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 2.52M | 1.27M | 1.54M |
| Total Assets£ | 9.17M | 7.57M | 6.81M |
| Cash in Bank£ | 2.13M | 1.11M | 110.96K |
| Total Liabilities£ | 6.65M | 6.30M | 5.27M |
| Employees | 31 | 37 | 40 |
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.