WORKPAL LIMITED Financials
- Company number
- NI053702CopyCopy
- Registered office
- Grove House, 145 - 149 Donegall Pass, Belfast, Co Antrim BT7 1DT
- Incorporated
- 26/01/2005
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
28.12%vs 20242024: £2.20M
Total Assets
11.18%vs 20242024: £3.86M
Cash in Bank
38.95%vs 20242024: £567.00K
Total Liabilities
-11.24%vs 20242024: £1.64M
Employees
0vs 20242024: 0
In 2025, WORKPAL LIMITED reported net assets of £2.82M. The same filing shows total assets of £4.29M, cash in bank of £787.83K and total liabilities of £1.46M. Reported headcount was 0 in 2025. Net Assets rose from £2.20M in 2024 to £2.82M in 2025 (28.12%). 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
28.12%from £2.20M 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 WORKPAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+58.8%vs 2023+26% a year compound (CAGR)
Cash in Bank
+239%vs 2023+84.1% a year compound (CAGR)
Total Assets
+25.9%vs 2023+12.2% a year compound (CAGR)
Total Liabilities
-9.9%vs 2023-5.1% a year compound (CAGR)
Employees
-100%vs 2023-24Biggest increase
Cash in Bank+239%
£232.53K in 2023 to £787.83K in 2025
Biggest decrease
Employees-100%
24 in 2023 to 0 in 2025
WORKPAL LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 WORKPAL 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
- 65.82%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
- 34.01%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
- 53.99%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
- 18.36%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 WORKPAL LIMITED 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£ | 1.11M | 1.26M | 1.78M | 2.20M | 2.82M |
| Total Assets£ | 1.90M | – | 3.41M | 3.86M | 4.29M |
| Cash in Bank£ | – | 272.67K | 232.53K | 567.00K | 787.83K |
| Total Liabilities£ | 789.00K | – | 1.62M | 1.64M | 1.46M |
| Employees | 7 | 22 | 24 | 0 | 0 |
WORKPAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WORKPAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
WORKPAL LIMITED reported net assets of £2.82M for 2025. That compares with £2.20M in 2024, a change of 28.12%.
WORKPAL LIMITED reported total assets of £4.29M for 2025. That compares with £3.86M in 2024, a change of 11.18%.
WORKPAL LIMITED reported cash in bank of £787.83K for 2025. That compares with £567.00K in 2024, a change of 38.95%.
WORKPAL LIMITED reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, WORKPAL LIMITED's net assets rose by 58.8%, cash in bank rose by 239%, total assets rose by 25.9% and total liabilities fell by 9.9%. Net assets compounded at 26% a year across the two years to 2025, from £1.78M to £2.82M. Reported headcount went from 24 in 2023 to 0 in 2025 (-24).
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.