WILLS HVAC SERVICES LIMITED Financials
- Company number
- 08596983CopyCopy
- Registered office
- 59 Digswell Park Road, Welwyn Garden City, Hertfordshire AL8 7NW
- Incorporated
- 04/07/2013
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
36.10%vs 20232023: £952.32K
Total Assets
42.83%vs 20232023: £1.25M
Cash in Bank
55.53%vs 20232023: £650.92K
Total Liabilities
82.20%vs 20232023: £224.53K
Employees
+3vs 20232023: 10
In 2024, WILLS HVAC SERVICES LIMITED reported net assets of £1.30M. The same filing shows total assets of £1.79M, cash in bank of £1.01M and total liabilities of £409.10K. Reported headcount was 13 in 2024. Total Assets rose from £1.25M in 2023 to £1.79M in 2024 (42.83%). 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
36.10%from £952.32K 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 WILLS HVAC SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+81.6%vs 2022+34.8% a year compound (CAGR)
Cash in Bank
+114%vs 2022+46.3% a year compound (CAGR)
Total Assets
+74.1%vs 2022+32% a year compound (CAGR)
Total Liabilities
+57.1%vs 2022+25.3% a year compound (CAGR)
Employees
+85.7%vs 2022+6Biggest increase
Cash in Bank+114%
£472.76K in 2022 to £1.01M in 2024
Every indicator Okredo holds for WILLS HVAC SERVICES LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WILLS HVAC SERVICES 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
- 72.45%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
- 22.87%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
- 247.47%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
- 56.59%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 WILLS HVAC SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 713.74K | 952.32K | 1.30M |
| Total Assets£ | 1.03M | 1.25M | 1.79M |
| Cash in Bank£ | 472.76K | 650.92K | 1.01M |
| Total Liabilities£ | 260.44K | 224.53K | 409.10K |
| Employees | 7 | 10 | 13 |
WILLS HVAC SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WILLS HVAC SERVICES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
WILLS HVAC SERVICES LIMITED reported net assets of £1.30M for 2024. That compares with £952.32K in 2023, a change of 36.10%.
WILLS HVAC SERVICES LIMITED reported total assets of £1.79M for 2024. That compares with £1.25M in 2023, a change of 42.83%.
WILLS HVAC SERVICES LIMITED reported cash in bank of £1.01M for 2024. That compares with £650.92K in 2023, a change of 55.53%.
WILLS HVAC SERVICES LIMITED reported 13 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, WILLS HVAC SERVICES LIMITED's net assets rose by 81.6%, cash in bank rose by 114%, total assets rose by 74.1% and total liabilities rose by 57.1%. Net assets compounded at 34.8% a year across the two years to 2024, from £713.74K to £1.30M. Reported headcount went from 7 in 2022 to 13 in 2024 (+6).
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.