ECS RESOURCE GROUP LTD Financials
- Company number
- 02296688CopyCopy
- Registered office
- Ecs House 4 Elm Court Copse Drive, Meriden Business Park Meriden, Coventry, West Midlands CV5 9RG
- Incorporated
- 15/09/1988
Company snapshot
- Status
- Active
- Employees
- 36 (2023)
- Latest financial data
- 2023
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
18.30%vs 20222022: £955.03K
Total Assets
17.79%vs 20222022: £5.81M
Cash in Bank
103.54%vs 20222022: £375.27K
Total Liabilities
15.99%vs 20222022: £4.27M
Employees
+6vs 20222022: 30
In 2023, ECS RESOURCE GROUP LTD reported net assets of £1.13M. The same filing shows total assets of £6.84M, cash in bank of £763.82K and total liabilities of £4.96M. Reported headcount was 36 in 2023. Total Assets rose from £5.81M in 2022 to £6.84M in 2023 (17.79%). Okredo holds filed figures for 2021–2023; 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
18.30%from £955.03K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures ECS RESOURCE GROUP LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+74.7%vs 2021+32.2% a year compound (CAGR)
Cash in Bank
+30.9%vs 2021+14.4% a year compound (CAGR)
Total Assets
+49.3%vs 2021+22.2% a year compound (CAGR)
Total Liabilities
+48.3%vs 2021+21.8% a year compound (CAGR)
Employees
+2.9%vs 2021+1Biggest increase
Net Assets+74.7%
£646.59K in 2021 to £1.13M in 2023
Every indicator Okredo holds for ECS RESOURCE GROUP LTD rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ECS RESOURCE GROUP 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
- 16.51%2023
- 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
- 72.44%2023
- 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
- 15.41%2023
- 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
- 11.16%2023
- 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 ECS RESOURCE GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 646.59K | 955.03K | 1.13M |
| Total Assets£ | 4.58M | 5.81M | 6.84M |
| Cash in Bank£ | 583.46K | 375.27K | 763.82K |
| Total Liabilities£ | 3.34M | 4.27M | 4.96M |
| Employees | 35 | 30 | 36 |
ECS RESOURCE GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ECS RESOURCE GROUP LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
ECS RESOURCE GROUP LTD reported net assets of £1.13M for 2023. That compares with £955.03K in 2022, a change of 18.30%.
ECS RESOURCE GROUP LTD reported total assets of £6.84M for 2023. That compares with £5.81M in 2022, a change of 17.79%.
ECS RESOURCE GROUP LTD reported cash in bank of £763.82K for 2023. That compares with £375.27K in 2022, a change of 103.54%.
ECS RESOURCE GROUP LTD reported 36 employees in 2023, compared with 30 in 2022.
Between 2021 and 2023, ECS RESOURCE GROUP LTD's net assets rose by 74.7%, cash in bank rose by 30.9%, total assets rose by 49.3% and total liabilities rose by 48.3%. Net assets compounded at 32.2% a year across the two years to 2023, from £646.59K to £1.13M. Reported headcount went from 35 in 2021 to 36 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.