WORKCHAIN LTD Financials
- Company number
- 05719828CopyCopy
- Registered office
- Ely House, Wyvern Business Park, Stephensons Way, Derby DE21 6LY
- Incorporated
- 23/02/2006
Company snapshot
- Status
- Active
- Employees
- 458 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-17.75%vs 20242024: £1.99M
Total Assets
5.36%vs 20242024: £3.13M
Cash in Bank
-40.05%vs 20242024: £454.05K
Total Liabilities
45.36%vs 20242024: £1.13M
Employees
-124vs 20242024: 582
In 2025, WORKCHAIN LTD reported net assets of £1.63M. The same filing shows total assets of £3.30M, cash in bank of £272.18K and total liabilities of £1.65M. Reported headcount was 458 in 2025. Total Liabilities rose from £1.13M in 2024 to £1.65M in 2025 (45.36%). Okredo holds filed figures for 2021–2025; 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
-17.75%from £1.99M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures WORKCHAIN LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-37.1%vs 2023-20.7% a year compound (CAGR)
Cash in Bank
-29.9%vs 2023-16.3% a year compound (CAGR)
Total Assets
-16.5%vs 2023-8.6% a year compound (CAGR)
Total Liabilities
+23.2%vs 2023+11% a year compound (CAGR)
Employees
-37.5%vs 2023-275Biggest increase
Total Liabilities+23.2%
£1.34M in 2023 to £1.65M in 2025
Biggest decrease
Employees-37.5%
733 in 2023 to 458 in 2025
WORKCHAIN LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WORKCHAIN 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
- 49.50%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
- 49.86%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
- 16.54%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
- 8.25%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £28.72K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WORKCHAIN LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 2.30M | 2.45M | 2.60M | 1.99M | 1.63M |
| Total Assets£ | 3.82M | 4.71M | 3.96M | 3.13M | 3.30M |
| Cash in Bank£ | 554.85K | 416.98K | 388.25K | 454.05K | 272.18K |
| Total Liabilities£ | 1.47M | 2.23M | 1.34M | 1.13M | 1.65M |
| Employees | 515 | 775 | 733 | 582 | 458 |
WORKCHAIN LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WORKCHAIN LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
WORKCHAIN LTD reported net assets of £1.63M for 2025. That compares with £1.99M in 2024, a change of -17.75%.
WORKCHAIN LTD reported total assets of £3.30M for 2025. That compares with £3.13M in 2024, a change of 5.36%.
WORKCHAIN LTD reported cash in bank of £272.18K for 2025. That compares with £454.05K in 2024, a change of -40.05%.
WORKCHAIN LTD reported 458 employees in 2025, compared with 582 in 2024.
Between 2023 and 2025, WORKCHAIN LTD's net assets fell by 37.1%, cash in bank fell by 29.9%, total assets fell by 16.5% and total liabilities rose by 23.2%. Net assets contracted at 20.7% a year across the two years to 2025, from £2.60M to £1.63M. Reported headcount went from 733 in 2023 to 458 in 2025 (-275).
Okredo holds reported figures for the years 2021, 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.