GR8 DEVELOPMENTS LIMITED Financials
- Company number
- SC225278CopyCopy
- Registered office
- Unit 3 Bankhead Avenue, Bankhead Industrial Estate, Glenrothes, Fife KY7 6JG
- Incorporated
- 14/11/2001
Company snapshot
- Status
- Active
- Employees
- 40 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.04%vs 20232023: £1.88M
Total Assets
28.30%vs 20232023: £6.32M
Cash in Bank
554.29%vs 20232023: £51.95K
Total Liabilities
41.46%vs 20232023: £3.75M
Employees
+3vs 20232023: 37
In 2024, GR8 DEVELOPMENTS LIMITED reported net assets of £2.16M. The same filing shows total assets of £8.11M, cash in bank of £339.90K and total liabilities of £5.31M. Reported headcount was 40 in 2024. Total Assets rose from £6.32M in 2023 to £8.11M in 2024 (28.30%). 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
15.04%from £1.88M 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 GR8 DEVELOPMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+76.8%vs 2022+33% a year compound (CAGR)
Cash in Bank
+238%vs 2022+83.8% a year compound (CAGR)
Total Assets
+53.6%vs 2022+23.9% a year compound (CAGR)
Total Liabilities
+62.8%vs 2022+27.6% a year compound (CAGR)
Employees
+5.3%vs 2022+2Biggest increase
Cash in Bank+238%
£100.66K in 2022 to £339.90K in 2024
Every indicator Okredo holds for GR8 DEVELOPMENTS LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GR8 DEVELOPMENTS 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
- 26.64%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
- 65.46%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
- 6.41%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
- 4.19%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 GR8 DEVELOPMENTS 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£ | 853.54K | 1.22M | 1.88M | 2.16M |
| Total Assets£ | 4.91M | 5.28M | 6.32M | 8.11M |
| Cash in Bank£ | 34.95K | 100.66K | 51.95K | 339.90K |
| Total Liabilities£ | 3.11M | 3.26M | 3.75M | 5.31M |
| Employees | 45 | 38 | 37 | 40 |
GR8 DEVELOPMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GR8 DEVELOPMENTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GR8 DEVELOPMENTS LIMITED reported net assets of £2.16M for 2024. That compares with £1.88M in 2023, a change of 15.04%.
GR8 DEVELOPMENTS LIMITED reported total assets of £8.11M for 2024. That compares with £6.32M in 2023, a change of 28.30%.
GR8 DEVELOPMENTS LIMITED reported cash in bank of £339.90K for 2024. That compares with £51.95K in 2023, a change of 554.29%.
GR8 DEVELOPMENTS LIMITED reported 40 employees in 2024, compared with 37 in 2023.
Between 2022 and 2024, GR8 DEVELOPMENTS LIMITED's net assets rose by 76.8%, cash in bank rose by 238%, total assets rose by 53.6% and total liabilities rose by 62.8%. Net assets compounded at 33% a year across the two years to 2024, from £1.22M to £2.16M. Reported headcount went from 38 in 2022 to 40 in 2024 (+2).
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.