WINCH SOLUTIONS LIMITED Financials
- Company number
- 06009924CopyCopy
- Industry
- Agents involved in the sale of machinery industrial equipment ships and aircraft (46.14 - SIC 2007)
- Registered office
- Unit 17-18 Bradley Hall Trading Estate Bradley Lane, Standish, Wigan WN6 0XQ
- Incorporated
- 27/11/2006
Company snapshot
- Status
- Active
- Employees
- 31 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-272.25%vs 20232023: £925.71K
Total Assets
-31.58%vs 20232023: £10.89M
Cash in Bank
-83.88%vs 20232023: £1.05M
Total Liabilities
-9.02%vs 20232023: £9.81M
Employees
+2vs 20232023: 29
In 2024, WINCH SOLUTIONS LIMITED reported net assets of £-1.59M. The same filing shows total assets of £7.45M, cash in bank of £170.01K and total liabilities of £8.93M. Reported headcount was 31 in 2024. Total Assets fell from £10.89M in 2023 to £7.45M in 2024 (-31.58%). 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
-272.25%from £925.71K in 2023Year-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 WINCH SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-198%vs 2022Cash in Bank
-75.3%vs 2022-50.3% a year compound (CAGR)
Total Assets
+1.4%vs 2022+0.7% a year compound (CAGR)
Total Liabilities
+58.4%vs 2022+25.8% a year compound (CAGR)
Employees
+40.9%vs 2022+9Biggest increase
Total Liabilities+58.4%
£5.64M in 2022 to £8.93M in 2024
Biggest decrease
Net Assets-198%
£1.62M in 2022 to £-1.59M in 2024
WINCH SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WINCH SOLUTIONS 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
- -21.40%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
- 119.78%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
- 1.90%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
- 2.28%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 WINCH SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.84M | 1.62M | 925.71K | -1.59M |
| Total Assets£ | 3.98M | 7.35M | 10.89M | 7.45M |
| Cash in Bank£ | 1.56M | 687.99K | 1.05M | 170.01K |
| Total Liabilities£ | 2.07M | 5.64M | 9.81M | 8.93M |
| Employees | 17 | 22 | 29 | 31 |
WINCH SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WINCH SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WINCH SOLUTIONS LIMITED reported net assets of £-1.59M for 2024. That compares with £925.71K in 2023, a change of -272.25%.
WINCH SOLUTIONS LIMITED reported total assets of £7.45M for 2024. That compares with £10.89M in 2023, a change of -31.58%.
WINCH SOLUTIONS LIMITED reported cash in bank of £170.01K for 2024. That compares with £1.05M in 2023, a change of -83.88%.
WINCH SOLUTIONS LIMITED reported 31 employees in 2024, compared with 29 in 2023.
Between 2022 and 2024, WINCH SOLUTIONS LIMITED's net assets fell by 198%, cash in bank fell by 75.3%, total assets rose by 1.4% and total liabilities rose by 58.4%. Cash in bank contracted at 50.3% a year across the two years to 2024, from £687.99K to £170.01K. Reported headcount went from 22 in 2022 to 31 in 2024 (+9).
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.