GLENN DRUMS RECYCLING LTD Financials
- Company number
- NI056563CopyCopy
- Registered office
- 38 Lisdrumchor Road, Glenanne, Co Armagh BT60 2LD
- Incorporated
- 20/09/2005
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
11.97%vs 20232023: £1.30M
Total Assets
11.49%vs 20232023: £1.94M
Cash in Bank
-9.22%vs 20232023: £811.73K
Total Liabilities
-16.89%vs 20232023: £182.38K
Employees
0vs 20232023: 12
In 2024, GLENN DRUMS RECYCLING LTD reported net assets of £1.46M. The same filing shows total assets of £2.17M, cash in bank of £736.85K and total liabilities of £151.58K. Reported headcount was 12 in 2024. Total Assets rose from £1.94M in 2023 to £2.17M in 2024 (11.49%). 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
11.97%from £1.30M 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 GLENN DRUMS RECYCLING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+27.8%vs 2022+13.1% a year compound (CAGR)
Cash in Bank
+3.4%vs 2022+1.7% a year compound (CAGR)
Total Assets
+15.8%vs 2022+7.6% a year compound (CAGR)
Total Liabilities
-51.6%vs 2022-30.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+27.8%
£1.14M in 2022 to £1.46M in 2024
Biggest decrease
Total Liabilities-51.6%
£313.36K in 2022 to £151.58K in 2024
GLENN DRUMS RECYCLING LTD's filings pull in both directions between 2022 and 2024. 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 GLENN DRUMS RECYCLING 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
- 67.15%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
- 7.00%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
- 486.11%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
- 34.00%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 GLENN DRUMS RECYCLING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 931.26K | 1.14M | 1.30M | 1.46M |
| Total Assets£ | 1.10M | 1.87M | 1.94M | 2.17M |
| Cash in Bank£ | – | 712.71K | 811.73K | 736.85K |
| Total Liabilities£ | 163.93K | 313.36K | 182.38K | 151.58K |
| Employees | 12 | 12 | 12 | 12 |
GLENN DRUMS RECYCLING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLENN DRUMS RECYCLING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GLENN DRUMS RECYCLING LTD reported net assets of £1.46M for 2024. That compares with £1.30M in 2023, a change of 11.97%.
GLENN DRUMS RECYCLING LTD reported total assets of £2.17M for 2024. That compares with £1.94M in 2023, a change of 11.49%.
GLENN DRUMS RECYCLING LTD reported cash in bank of £736.85K for 2024. That compares with £811.73K in 2023, a change of -9.22%.
GLENN DRUMS RECYCLING LTD reported 12 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, GLENN DRUMS RECYCLING LTD's net assets rose by 27.8%, cash in bank rose by 3.4%, total assets rose by 15.8% and total liabilities fell by 51.6%. Net assets compounded at 13.1% a year across the two years to 2024, from £1.14M to £1.46M. Reported headcount went from 12 in 2022 to 12 in 2024.
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.