WORLDWIDE TECHSERVICES UK LIMITED Financials
- Company number
- 05027063CopyCopy
- Registered office
- Windsor Thames Street 59-60 Gainsborough House, Thames Street, Windsor, Berkshire SL4 1TX
- Incorporated
- 27/01/2004
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-81.50%vs 20232023: £4.67M
Total Assets
-70.78%vs 20232023: £4.95M
Cash in Bank
-9.27%vs 20232023: £702.29K
Total Liabilities
109.22%vs 20232023: £278.27K
Employees
0vs 20232023: 8
In 2024, WORLDWIDE TECHSERVICES UK LIMITED reported net assets of £864.54K. The same filing shows total assets of £1.45M, cash in bank of £637.21K and total liabilities of £582.19K. Reported headcount was 8 in 2024. Net Assets fell from £4.67M in 2023 to £864.54K in 2024 (-81.50%). Okredo holds filed figures for 2022–2024; 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
-81.50%from £4.67M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures WORLDWIDE TECHSERVICES UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-82.2%vs 2022-57.8% a year compound (CAGR)
Cash in Bank
+86.7%vs 2022+36.6% a year compound (CAGR)
Total Assets
-73.2%vs 2022-48.2% a year compound (CAGR)
Total Liabilities
+11%vs 2022+5.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+86.7%
£341.35K in 2022 to £637.21K in 2024
Biggest decrease
Net Assets-82.2%
£4.85M in 2022 to £864.54K in 2024
WORLDWIDE TECHSERVICES UK 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WORLDWIDE TECHSERVICES UK 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
- 59.76%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
- 40.24%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
- 109.45%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
- 44.04%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 WORLDWIDE TECHSERVICES UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 4.85M | 4.67M | 864.54K |
| Total Assets£ | 5.40M | 4.95M | 1.45M |
| Cash in Bank£ | 341.35K | 702.29K | 637.21K |
| Total Liabilities£ | 524.60K | 278.27K | 582.19K |
| Employees | 8 | 8 | 8 |
WORLDWIDE TECHSERVICES UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WORLDWIDE TECHSERVICES UK LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
WORLDWIDE TECHSERVICES UK LIMITED reported net assets of £864.54K for 2024. That compares with £4.67M in 2023, a change of -81.50%.
WORLDWIDE TECHSERVICES UK LIMITED reported total assets of £1.45M for 2024. That compares with £4.95M in 2023, a change of -70.78%.
WORLDWIDE TECHSERVICES UK LIMITED reported cash in bank of £637.21K for 2024. That compares with £702.29K in 2023, a change of -9.27%.
WORLDWIDE TECHSERVICES UK LIMITED reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, WORLDWIDE TECHSERVICES UK LIMITED's net assets fell by 82.2%, cash in bank rose by 86.7%, total assets fell by 73.2% and total liabilities rose by 11%. Net assets contracted at 57.8% a year across the two years to 2024, from £4.85M to £864.54K. Reported headcount went from 8 in 2022 to 8 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.