ALBERT REES LTD Financials
- Company number
- 04858794CopyCopy
- Registered office
- Arfryn, Uplands, Carmarthen, Carmarthenshire SA32 8DX
- Incorporated
- 07/08/2003
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-47.10%vs 20232023: £2.24K
Total Assets
22.94%vs 20232023: £57.00K
Total Liabilities
25.81%vs 20232023: £54.76K
Employees
+5vs 20232023: 5
In 2024, ALBERT REES LTD reported net assets of £1.19K. The same filing shows total assets of £70.08K and total liabilities of £68.89K. Reported headcount was 10 in 2024. Total Liabilities rose from £54.76K in 2023 to £68.89K in 2024 (25.81%). 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
-47.10%from £2.24K 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 ALBERT REES LTD 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 2022-67.1% a year compound (CAGR)
Total Assets
+188%vs 2022+69.8% a year compound (CAGR)
Employees
+100%vs 2022+5Biggest increase
Total Assets+188%
£24.30K in 2022 to £70.08K in 2024
Biggest decrease
Net Assets-89.2%
£10.99K in 2022 to £1.19K in 2024
ALBERT REES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 ALBERT REES 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
- 1.69%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
- 98.31%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ALBERT REES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 14.03K | 10.99K | 2.24K | 1.19K |
| Total Assets£ | 27.44K | 24.30K | 57.00K | 70.08K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 13.41K | – | 54.76K | 68.89K |
| Employees | 4 | 5 | 5 | 10 |
ALBERT REES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ALBERT REES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
ALBERT REES LTD reported net assets of £1.19K for 2024. That compares with £2.24K in 2023, a change of -47.10%.
ALBERT REES LTD reported total assets of £70.08K for 2024. That compares with £57.00K in 2023, a change of 22.94%.
ALBERT REES LTD reported total liabilities of £68.89K for 2024. That compares with £54.76K in 2023, a change of 25.81%.
ALBERT REES LTD reported 10 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, ALBERT REES LTD's net assets fell by 89.2%, total assets rose by 188% and employee numbers rose by 100%. Net assets contracted at 67.1% a year across the two years to 2024, from £10.99K to £1.19K. Reported headcount went from 5 in 2022 to 10 in 2024 (+5).
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.