DEMCO GROUP LIMITED Financials
- Company number
- SC584425Copy
Copy - Registered office
- Spectrum House, Dales Industrial Estate, Peterhead AB42 3QQ
- Incorporated
- 22/12/2017
Company snapshot
- Status
- Active
- Employees
- 71 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-26.21%vs 20232023: £8.65M
Total Assets
7.89%vs 20232023: £9.73M
Cash in Bank
59.55%vs 20232023: £2.95M
Total Liabilities
291.54%vs 20232023: £1.04M
Employees
+12vs 20232023: 59
In 2024, DEMCO GROUP LIMITED reported net assets of £6.38M. The same filing shows total assets of £10.50M, cash in bank of £4.71M and total liabilities of £4.09M. Reported headcount was 71 in 2024. Total Liabilities rose from £1.04M in 2023 to £4.09M in 2024 (291.54%). 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
-26.21%from £8.65M 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 DEMCO GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-10.5%vs 2022-5.4% a year compound (CAGR)
Cash in Bank
+79.4%vs 2022+33.9% a year compound (CAGR)
Total Assets
+17.8%vs 2022+8.5% a year compound (CAGR)
Total Liabilities
+136%vs 2022+53.7% a year compound (CAGR)
Employees
+34%vs 2022+18Biggest increase
Total Liabilities+136%
£1.73M in 2022 to £4.09M in 2024
Biggest decrease
Net Assets-10.5%
£7.13M in 2022 to £6.38M in 2024
DEMCO GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 DEMCO GROUP 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
- 60.76%2024
- Liabilities to total assets
- 38.95%2024
- Cash to liabilities
- 115.19%2024
- Cash to total assets
- 44.87%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 DEMCO GROUP 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£ | 3.03M | 7.13M | 8.65M | 6.38M |
| Total Assets£ | 4.93M | 8.91M | 9.73M | 10.50M |
| Cash in Bank£ | 358.46K | 2.63M | 2.95M | 4.71M |
| Total Liabilities£ | 1.87M | 1.73M | 1.04M | 4.09M |
| Employees | 46 | 53 | 59 | 71 |
DEMCO GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has DEMCO GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for DEMCO GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did DEMCO GROUP LIMITED report in 2024?
DEMCO GROUP LIMITED reported net assets of £6.38M for 2024. That compares with £8.65M in 2023, a change of -26.21%.
What total assets did DEMCO GROUP LIMITED report in 2024?
DEMCO GROUP LIMITED reported total assets of £10.50M for 2024. That compares with £9.73M in 2023, a change of 7.89%.
What cash in bank did DEMCO GROUP LIMITED report in 2024?
DEMCO GROUP LIMITED reported cash in bank of £4.71M for 2024. That compares with £2.95M in 2023, a change of 59.55%.
How many people does DEMCO GROUP LIMITED employ?
DEMCO GROUP LIMITED reported 71 employees in 2024, compared with 59 in 2023.
How have DEMCO GROUP LIMITED financials changed over the last 3 years?
Between 2022 and 2024, DEMCO GROUP LIMITED's net assets fell by 10.5%, cash in bank rose by 79.4%, total assets rose by 17.8% and total liabilities rose by 136%. Net assets contracted at 5.4% a year across the two years to 2024, from £7.13M to £6.38M. Reported headcount went from 53 in 2022 to 71 in 2024 (+18).
Which years of DEMCO GROUP 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.