HI-SPEK CONTRACTS LTD. Financials
- Company number
- SC283524CopyCopy
- Registered office
- 378 Brandon Street, Motherwell, Lanarkshire ML1 1XA
- Incorporated
- 20/04/2005
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
No changevs 20232023: £35.23K
Total Assets
No changevs 20232023: £134.29K
Cash in Bank
No changevs 20232023: £76.54K
Total Liabilities
No changevs 20232023: £99.07K
Employees
0vs 20232023: 3
In 2024, HI-SPEK CONTRACTS LTD. reported net assets of £35.23K. The same filing shows total assets of £134.29K, cash in bank of £76.54K and total liabilities of £99.07K. Reported headcount was 3 in 2024. None of the reported indicators changed against the previous filing. 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
No changefrom £35.23K 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 HI-SPEK CONTRACTS LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+148%vs 2022+57.5% a year compound (CAGR)
Cash in Bank
+6.5%vs 2022+3.2% a year compound (CAGR)
Total Assets
+49.1%vs 2022+22.1% a year compound (CAGR)
Total Liabilities
+30.6%vs 2022+14.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+148%
£14.20K in 2022 to £35.23K in 2024
Every measure that changed in HI-SPEK CONTRACTS LTD.'s filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HI-SPEK CONTRACTS 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
- 26.23%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
- 73.77%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
- 77.26%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
- 57.00%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 HI-SPEK CONTRACTS 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£ | 8.02K | 14.20K | 35.23K | 35.23K |
| Total Assets£ | 81.23K | 90.06K | 134.29K | 134.29K |
| Cash in Bank£ | 57.84K | 71.89K | 76.54K | 76.54K |
| Total Liabilities£ | 73.21K | 75.86K | 99.07K | 99.07K |
| Employees | 3 | 3 | 3 | 3 |
HI-SPEK CONTRACTS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HI-SPEK CONTRACTS LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HI-SPEK CONTRACTS LTD. reported net assets of £35.23K for 2024. That compares with £35.23K in 2023.
HI-SPEK CONTRACTS LTD. reported total assets of £134.29K for 2024. That compares with £134.29K in 2023.
HI-SPEK CONTRACTS LTD. reported cash in bank of £76.54K for 2024. That compares with £76.54K in 2023.
HI-SPEK CONTRACTS LTD. reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, HI-SPEK CONTRACTS LTD.'s net assets rose by 148%, cash in bank rose by 6.5%, total assets rose by 49.1% and total liabilities rose by 30.6%. Net assets compounded at 57.5% a year across the two years to 2024, from £14.20K to £35.23K. Reported headcount went from 3 in 2022 to 3 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.