WITT GROUP - UK SERVICE LIMITED Financials
- Company number
- 00848896CopyCopy
- Registered office
- Witt House Wade House Road, Shelf, Halifax, West Yorkshire HX3 7BJ
- Incorporated
- 13/05/1965
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.15%vs 20232023: £509.36K
Total Assets
-5.69%vs 20232023: £791.72K
Cash in Bank
286.80%vs 20232023: £41.12K
Total Liabilities
-18.05%vs 20232023: £282.36K
Employees
-1vs 20232023: 13
In 2024, WITT GROUP - UK SERVICE LIMITED reported net assets of £515.23K. The same filing shows total assets of £746.63K, cash in bank of £159.05K and total liabilities of £231.40K. Reported headcount was 12 in 2024. Cash in Bank rose from £41.12K in 2023 to £159.05K in 2024 (286.80%). 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
1.15%from £509.36K 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 WITT GROUP - UK SERVICE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+89.2%vs 2022+37.5% a year compound (CAGR)
Cash in Bank
+108%vs 2022+44.3% a year compound (CAGR)
Total Assets
-43.5%vs 2022-24.9% a year compound (CAGR)
Total Liabilities
-78%vs 2022-53.1% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+108%
£76.38K in 2022 to £159.05K in 2024
Biggest decrease
Total Liabilities-78%
£1.05M in 2022 to £231.40K in 2024
WITT GROUP - UK SERVICE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 WITT GROUP - UK SERVICE 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
- 69.01%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
- 30.99%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
- 68.73%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
- 21.30%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 WITT GROUP - UK SERVICE 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£ | 138.04K | 272.37K | 509.36K | 515.23K |
| Total Assets£ | 925.14K | 1.32M | 791.72K | 746.63K |
| Cash in Bank£ | 53.96K | 76.38K | 41.12K | 159.05K |
| Total Liabilities£ | 787.10K | 1.05M | 282.36K | 231.40K |
| Employees | 10 | 12 | 13 | 12 |
WITT GROUP - UK SERVICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WITT GROUP - UK SERVICE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WITT GROUP - UK SERVICE LIMITED reported net assets of £515.23K for 2024. That compares with £509.36K in 2023, a change of 1.15%.
WITT GROUP - UK SERVICE LIMITED reported total assets of £746.63K for 2024. That compares with £791.72K in 2023, a change of -5.69%.
WITT GROUP - UK SERVICE LIMITED reported cash in bank of £159.05K for 2024. That compares with £41.12K in 2023, a change of 286.80%.
WITT GROUP - UK SERVICE LIMITED reported 12 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, WITT GROUP - UK SERVICE LIMITED's net assets rose by 89.2%, cash in bank rose by 108%, total assets fell by 43.5% and total liabilities fell by 78%. Net assets compounded at 37.5% a year across the two years to 2024, from £272.37K to £515.23K. Reported headcount went from 12 in 2022 to 12 in 2024.
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.