WITHAM (SPECIALIST VEHICLES) LIMITED Financials
- Company number
- 01655599CopyCopy
- Registered office
- Honeypot Lane, Colsterworh, Grantham, Lincolnshire NG33 5LY
- Incorporated
- 02/08/1982
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
2.35%vs 20242024: £42.58M
Total Assets
2.37%vs 20242024: £50.11M
Cash in Bank
5.00%vs 20242024: £9.05M
Total Liabilities
-47.57%vs 20242024: £1.51M
Employees
-5vs 20242024: 15
In 2025, WITHAM (SPECIALIST VEHICLES) LIMITED reported net assets of £43.57M. The same filing shows total assets of £51.30M, cash in bank of £9.50M and total liabilities of £790.61K. Reported headcount was 10 in 2025. Total Assets rose from £50.11M in 2024 to £51.30M in 2025 (2.37%). Okredo holds filed figures for 2022–2025; 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
2.35%from £42.58M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures WITHAM (SPECIALIST VEHICLES) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+6%vs 2023+2.9% a year compound (CAGR)
Cash in Bank
-13.8%vs 2023-7.2% a year compound (CAGR)
Total Assets
+3.3%vs 2023+1.6% a year compound (CAGR)
Total Liabilities
-80.6%vs 2023-55.9% a year compound (CAGR)
Employees
-33.3%vs 2023-5Biggest increase
Net Assets+6%
£41.12M in 2023 to £43.57M in 2025
Biggest decrease
Total Liabilities-80.6%
£4.07M in 2023 to £790.61K in 2025
WITHAM (SPECIALIST VEHICLES) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 WITHAM (SPECIALIST VEHICLES) 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
- 84.94%2025
- 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
- 1.54%2025
- 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
- 1,201.37%2025
- 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
- 18.51%2025
- 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 WITHAM (SPECIALIST VEHICLES) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 38.66M | 41.12M | 42.58M | 43.57M |
| Total Assets£ | 44.42M | 49.65M | 50.11M | 51.30M |
| Cash in Bank£ | 6.71M | 11.02M | 9.05M | 9.50M |
| Total Liabilities£ | 1.83M | 4.07M | 1.51M | 790.61K |
| Employees | 15 | 15 | 15 | 10 |
WITHAM (SPECIALIST VEHICLES) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WITHAM (SPECIALIST VEHICLES) LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
WITHAM (SPECIALIST VEHICLES) LIMITED reported net assets of £43.57M for 2025. That compares with £42.58M in 2024, a change of 2.35%.
WITHAM (SPECIALIST VEHICLES) LIMITED reported total assets of £51.30M for 2025. That compares with £50.11M in 2024, a change of 2.37%.
WITHAM (SPECIALIST VEHICLES) LIMITED reported cash in bank of £9.50M for 2025. That compares with £9.05M in 2024, a change of 5.00%.
WITHAM (SPECIALIST VEHICLES) LIMITED reported 10 employees in 2025, compared with 15 in 2024.
Between 2023 and 2025, WITHAM (SPECIALIST VEHICLES) LIMITED's net assets rose by 6%, cash in bank fell by 13.8%, total assets rose by 3.3% and total liabilities fell by 80.6%. Net assets compounded at 2.9% a year across the two years to 2025, from £41.12M to £43.57M. Reported headcount went from 15 in 2023 to 10 in 2025 (-5).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.