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WIDESTRIPE ENGINEERING (UK) SERVICES LTD Financials

Company number
03588077Copy
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Registered office
Bridgeworks The Causeway, Thorney, Peterborough PE6 0QQ
Incorporated
25/06/1998

Company snapshot

Status
Active
Employees
12 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£134.97K2024
-8.26%vs 2023

2023: £147.13K

Total Assets

£827.63K2024
-4.37%vs 2023

2023: £865.43K

Total Liabilities

£692.65K2024
-3.57%vs 2023

2023: £718.30K

Employees

122024
+3vs 2023

2023: 9

In 2024, WIDESTRIPE ENGINEERING (UK) SERVICES LTD reported net assets of £134.97K. The same filing shows total assets of £827.63K and total liabilities of £692.65K. Reported headcount was 12 in 2024. Total Assets fell from £865.43K in 2023 to £827.63K in 2024 (-4.37%). 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

£134.97K2024
-8.26%from £147.13K 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 WIDESTRIPE ENGINEERING (UK) SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£124.88K2022£134.97K2024
+8.1%vs 2022

+4% a year compound (CAGR)

Total Assets

£858.43K2022£827.63K2024
-3.6%vs 2022

-1.8% a year compound (CAGR)

Total Liabilities

£733.55K2022£692.65K2024
-5.6%vs 2022

-2.8% a year compound (CAGR)

Employees

92022122024
+33.3%vs 2022+3

Biggest increase

Employees+33.3%

9 in 2022 to 12 in 2024

Biggest decrease

Total Liabilities-5.6%

£733.55K in 2022 to £692.65K in 2024

WIDESTRIPE ENGINEERING (UK) SERVICES LTD'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 liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WIDESTRIPE ENGINEERING (UK) SERVICES 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
16.31%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
83.69%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for WIDESTRIPE ENGINEERING (UK) SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£111.28K124.88K147.13K134.97K
Total Assets£927.77K858.43K865.43K827.63K
Cash in Bank£––––
Total Liabilities£816.48K733.55K718.30K692.65K
Employees99912

WIDESTRIPE ENGINEERING (UK) SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has WIDESTRIPE ENGINEERING (UK) SERVICES LTD filed financial statements?

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Yes. Okredo holds filed figures for WIDESTRIPE ENGINEERING (UK) SERVICES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did WIDESTRIPE ENGINEERING (UK) SERVICES LTD report in 2024?

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WIDESTRIPE ENGINEERING (UK) SERVICES LTD reported net assets of £134.97K for 2024. That compares with £147.13K in 2023, a change of -8.26%.

What total assets did WIDESTRIPE ENGINEERING (UK) SERVICES LTD report in 2024?

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WIDESTRIPE ENGINEERING (UK) SERVICES LTD reported total assets of £827.63K for 2024. That compares with £865.43K in 2023, a change of -4.37%.

What total liabilities did WIDESTRIPE ENGINEERING (UK) SERVICES LTD report in 2024?

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WIDESTRIPE ENGINEERING (UK) SERVICES LTD reported total liabilities of £692.65K for 2024. That compares with £718.30K in 2023, a change of -3.57%.

How many people does WIDESTRIPE ENGINEERING (UK) SERVICES LTD employ?

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WIDESTRIPE ENGINEERING (UK) SERVICES LTD reported 12 employees in 2024, compared with 9 in 2023.

How have WIDESTRIPE ENGINEERING (UK) SERVICES LTD financials changed over the last 3 years?

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Between 2022 and 2024, WIDESTRIPE ENGINEERING (UK) SERVICES LTD's net assets rose by 8.1%, total assets fell by 3.6%, total liabilities fell by 5.6% and employee numbers rose by 33.3%. Net assets compounded at 4% a year across the two years to 2024, from £124.88K to £134.97K. Reported headcount went from 9 in 2022 to 12 in 2024 (+3).

Which years of WIDESTRIPE ENGINEERING (UK) SERVICES LTD financial data are available?

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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.