CORROSION RADAR LIMITED Financials
- Company number
- 10727666Copy
Copy - Registered office
- Unit 52 548-550 Elder House, Eldergate, Milton Keynes MK9 1LR
- Incorporated
- 18/04/2017
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
602.00%vs 20232023: £714.15K
Total Assets
523.17%vs 20232023: £966.57K
Cash in Bank
983.09%vs 20232023: £303.84K
Total Liabilities
314.72%vs 20232023: £243.56K
Employees
+4vs 20232023: 19
In 2024, CORROSION RADAR LIMITED reported net assets of £5.01M. The same filing shows total assets of £6.02M, cash in bank of £3.29M and total liabilities of £1.01M. Reported headcount was 23 in 2024. Total Assets rose from £966.57K in 2023 to £6.02M in 2024 (523.17%). 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
602.00%from £714.15K 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 CORROSION RADAR LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+449%vs 2022+134% a year compound (CAGR)
Cash in Bank
+502%vs 2022+145% a year compound (CAGR)
Total Assets
+409%vs 2022+126% a year compound (CAGR)
Total Liabilities
+287%vs 2022+96.6% a year compound (CAGR)
Employees
+27.8%vs 2022+5Biggest increase
Cash in Bank+502%
£546.29K in 2022 to £3.29M in 2024
Every indicator Okredo holds for CORROSION RADAR LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CORROSION RADAR 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
- 83.23%2024
- Liabilities to total assets
- 16.77%2024
- Cash to liabilities
- 325.80%2024
- Cash to total assets
- 54.63%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 CORROSION RADAR 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£ | – | 912.48K | 714.15K | 5.01M |
| Total Assets£ | 9.36K | 1.18M | 966.57K | 6.02M |
| Cash in Bank£ | 2.18M | 546.29K | 303.84K | 3.29M |
| Total Liabilities£ | – | 261.26K | 243.56K | 1.01M |
| Employees | 18 | 18 | 19 | 23 |
CORROSION RADAR LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has CORROSION RADAR LIMITED filed financial statements?
Yes. Okredo holds filed figures for CORROSION RADAR LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did CORROSION RADAR LIMITED report in 2024?
CORROSION RADAR LIMITED reported net assets of £5.01M for 2024. That compares with £714.15K in 2023, a change of 602.00%.
What total assets did CORROSION RADAR LIMITED report in 2024?
CORROSION RADAR LIMITED reported total assets of £6.02M for 2024. That compares with £966.57K in 2023, a change of 523.17%.
What cash in bank did CORROSION RADAR LIMITED report in 2024?
CORROSION RADAR LIMITED reported cash in bank of £3.29M for 2024. That compares with £303.84K in 2023, a change of 983.09%.
How many people does CORROSION RADAR LIMITED employ?
CORROSION RADAR LIMITED reported 23 employees in 2024, compared with 19 in 2023.
How have CORROSION RADAR LIMITED financials changed over the last 3 years?
Between 2022 and 2024, CORROSION RADAR LIMITED's net assets rose by 449%, cash in bank rose by 502%, total assets rose by 409% and total liabilities rose by 287%. Net assets compounded at 134% a year across the two years to 2024, from £912.48K to £5.01M. Reported headcount went from 18 in 2022 to 23 in 2024 (+5).
Which years of CORROSION RADAR LIMITED financial data are available?
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.