GROUNDWORK SERVICES (DURHAM) LTD Financials
- Company number
- 04080835CopyCopy
- Registered office
- Thistle Road Littleburn Industrial Estate, Langley Moor, Durham, County Durham DH7 8HJ
- Incorporated
- 29/09/2000
Company snapshot
- Status
- Active
- Employees
- 174 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
5.14%vs 20242024: £7.43M
Total Assets
2.20%vs 20242024: £21.39M
Cash in Bank
56.75%vs 20242024: £1.29M
Total Liabilities
0.64%vs 20242024: £13.97M
Employees
+1vs 20242024: 173
In 2025, GROUNDWORK SERVICES (DURHAM) LTD reported net assets of £7.81M. The same filing shows total assets of £21.86M, cash in bank of £2.02M and total liabilities of £14.06M. Reported headcount was 174 in 2025. Cash in Bank rose from £1.29M in 2024 to £2.02M in 2025 (56.75%). Okredo holds filed figures for 2021–2025; 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
5.14%from £7.43M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GROUNDWORK SERVICES (DURHAM) LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+38.1%vs 2023+17.5% a year compound (CAGR)
Cash in Bank
-36.2%vs 2023-20.1% a year compound (CAGR)
Total Assets
+8.3%vs 2023+4.1% a year compound (CAGR)
Total Liabilities
-3.3%vs 2023-1.7% a year compound (CAGR)
Employees
+1.2%vs 2023+2Biggest increase
Net Assets+38.1%
£5.65M in 2023 to £7.81M in 2025
Biggest decrease
Cash in Bank-36.2%
£3.18M in 2023 to £2.02M in 2025
GROUNDWORK SERVICES (DURHAM) LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GROUNDWORK SERVICES (DURHAM) 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
- 35.71%2025
- 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
- 64.29%2025
- 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
- 14.40%2025
- 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
- 9.26%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £241.53K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GROUNDWORK SERVICES (DURHAM) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 3.12M | 3.00M | 5.65M | 7.43M | 7.81M |
| Total Assets£ | 12.51M | 13.47M | 20.19M | 21.39M | 21.86M |
| Cash in Bank£ | 675.45K | 652.38K | 3.18M | 1.29M | 2.02M |
| Total Liabilities£ | 9.40M | 10.47M | 14.54M | 13.97M | 14.06M |
| Employees | 146 | 171 | 172 | 173 | 174 |
GROUNDWORK SERVICES (DURHAM) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GROUNDWORK SERVICES (DURHAM) LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
GROUNDWORK SERVICES (DURHAM) LTD reported net assets of £7.81M for 2025. That compares with £7.43M in 2024, a change of 5.14%.
GROUNDWORK SERVICES (DURHAM) LTD reported total assets of £21.86M for 2025. That compares with £21.39M in 2024, a change of 2.20%.
GROUNDWORK SERVICES (DURHAM) LTD reported cash in bank of £2.02M for 2025. That compares with £1.29M in 2024, a change of 56.75%.
GROUNDWORK SERVICES (DURHAM) LTD reported 174 employees in 2025, compared with 173 in 2024.
Between 2023 and 2025, GROUNDWORK SERVICES (DURHAM) LTD's net assets rose by 38.1%, cash in bank fell by 36.2%, total assets rose by 8.3% and total liabilities fell by 3.3%. Net assets compounded at 17.5% a year across the two years to 2025, from £5.65M to £7.81M. Reported headcount went from 172 in 2023 to 174 in 2025 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.