DRS FM SERVICES LIMITED Financials
- Company number
- 08675176CopyCopy
- Registered office
- Phoenix House Llys Felin Newydd, Enterprise Park, Swansea SA7 9FG
- Incorporated
- 03/09/2013
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-948.74%vs 20232023: £3.21K
Total Assets
2.61%vs 20232023: £253.22K
Cash in Bank
496.45%vs 20232023: £141.00
Total Liabilities
14.84%vs 20232023: £250.01K
Employees
0vs 20232023: 12
In 2024, DRS FM SERVICES LIMITED reported net assets of £-27.27K. The same filing shows total assets of £259.83K, cash in bank of £841.00 and total liabilities of £287.10K. Reported headcount was 12 in 2024. Total Liabilities rose from £250.01K in 2023 to £287.10K in 2024 (14.84%). 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
-948.74%from £3.21K 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 DRS FM SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-269%vs 2022Cash in Bank
+658%vs 2022+175% a year compound (CAGR)
Total Assets
+13.7%vs 2022+6.6% a year compound (CAGR)
Total Liabilities
+35.2%vs 2022+16.3% a year compound (CAGR)
Employees
-7.7%vs 2022-1Biggest increase
Cash in Bank+658%
£111.00 in 2022 to £841.00 in 2024
Biggest decrease
Net Assets-269%
£16.16K in 2022 to £-27.27K in 2024
DRS FM SERVICES 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 DRS FM SERVICES 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
- -10.50%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
- 110.50%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
- 0.29%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
- 0.32%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 DRS FM SERVICES 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£ | 10.46K | 16.16K | 3.21K | -27.27K |
| Total Assets£ | 216.68K | 228.47K | 253.22K | 259.83K |
| Cash in Bank£ | 49.66K | 111.00 | 141.00 | 841.00 |
| Total Liabilities£ | 206.22K | 212.31K | 250.01K | 287.10K |
| Employees | 14 | 13 | 12 | 12 |
DRS FM SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRS FM SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
DRS FM SERVICES LIMITED reported net assets of £-27.27K for 2024. That compares with £3.21K in 2023, a change of -948.74%.
DRS FM SERVICES LIMITED reported total assets of £259.83K for 2024. That compares with £253.22K in 2023, a change of 2.61%.
DRS FM SERVICES LIMITED reported cash in bank of £841.00 for 2024. That compares with £141.00 in 2023, a change of 496.45%.
DRS FM SERVICES LIMITED reported 12 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, DRS FM SERVICES LIMITED's net assets fell by 269%, cash in bank rose by 658%, total assets rose by 13.7% and total liabilities rose by 35.2%. Cash in bank compounded at 175% a year across the two years to 2024, from £111.00 to £841.00. Reported headcount went from 13 in 2022 to 12 in 2024 (-1).
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.