DEC TO SPEC LIMITED Financials
- Company number
- 07894921CopyCopy
- Industry
- Painting (43.34/1 - SIC 2007)
- Registered office
- 1st And 2nd Floor 2 West Street, Ware, Hertfordshire SG12 9EE
- Incorporated
- 03/01/2012
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Painting (43.34/1 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
8.04%vs 20242024: £51.45K
Total Assets
26.03%vs 20242024: £79.92K
Cash in Bank
-16.40%vs 20242024: £68.33K
Total Liabilities
3.48%vs 20242024: £22.68K
Employees
0vs 20242024: 3
In 2025, DEC TO SPEC LIMITED reported net assets of £55.59K. The same filing shows total assets of £100.73K, cash in bank of £57.13K and total liabilities of £23.47K. Reported headcount was 3 in 2025. Total Assets rose from £79.92K in 2024 to £100.73K in 2025 (26.03%). 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
8.04%from £51.45K 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 DEC TO SPEC LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+87.5%vs 2023+36.9% a year compound (CAGR)
Cash in Bank
+6.3%vs 2023+3.1% a year compound (CAGR)
Total Assets
+44.9%vs 2023+20.4% a year compound (CAGR)
Total Liabilities
-26.7%vs 2023-14.4% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+87.5%
£29.65K in 2023 to £55.59K in 2025
Biggest decrease
Total Liabilities-26.7%
£32.00K in 2023 to £23.47K in 2025
DEC TO SPEC LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DEC TO SPEC 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
- 55.19%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
- 23.30%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
- 243.45%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
- 56.72%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 DEC TO SPEC 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£ | 5.56K | 9.55K | 29.65K | 51.45K | 55.59K |
| Total Assets£ | 62.69K | 57.43K | 69.54K | 79.92K | 100.73K |
| Cash in Bank£ | 32.22K | 33.42K | 53.77K | 68.33K | 57.13K |
| Total Liabilities£ | 42.41K | 37.15K | 32.00K | 22.68K | 23.47K |
| Employees | 3 | 3 | 3 | 3 | 3 |
DEC TO SPEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DEC TO SPEC LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
DEC TO SPEC LIMITED reported net assets of £55.59K for 2025. That compares with £51.45K in 2024, a change of 8.04%.
DEC TO SPEC LIMITED reported total assets of £100.73K for 2025. That compares with £79.92K in 2024, a change of 26.03%.
DEC TO SPEC LIMITED reported cash in bank of £57.13K for 2025. That compares with £68.33K in 2024, a change of -16.40%.
DEC TO SPEC LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, DEC TO SPEC LIMITED's net assets rose by 87.5%, cash in bank rose by 6.3%, total assets rose by 44.9% and total liabilities fell by 26.7%. Net assets compounded at 36.9% a year across the two years to 2025, from £29.65K to £55.59K. Reported headcount went from 3 in 2023 to 3 in 2025.
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.