HI-TECH SPRAY COATINGS LIMITED Financials
- Company number
- 11308580CopyCopy
- Industry
- Painting (43.34/1 - SIC 2007)
- Registered office
- Unit B3 Salcombe Court, Salcombe Road Industrial Estate, Alfreton, Derbyshire DE55 7RG
- Incorporated
- 13/04/2018
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Painting (43.34/1 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-38.72%vs 20232023: £-122.26K
Total Assets
-16.69%vs 20232023: £120.31K
Cash in Bank
-99.80%vs 20232023: £27.01K
Total Liabilities
14.93%vs 20232023: £218.74K
Employees
0vs 20232023: 3
In 2024, HI-TECH SPRAY COATINGS LIMITED reported net assets of £-169.59K. The same filing shows total assets of £100.23K, cash in bank of £54.00 and total liabilities of £251.39K. Reported headcount was 3 in 2024. Net Assets fell from £-122.26K in 2023 to £-169.59K in 2024 (-38.72%). 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
-38.72%from £-122.26K 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-TECH SPRAY COATINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-238%vs 2022Employees
0%vs 2022Biggest decrease
Net Assets-238%
£123.32K in 2022 to £-169.59K in 2024
Every measure that changed in HI-TECH SPRAY COATINGS LIMITED's filings between 2022 and 2024 fell. That fall came in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HI-TECH SPRAY COATINGS 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
- -169.20%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
- 250.80%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
- 0.02%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
- 0.05%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-TECH SPRAY COATINGS 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£ | -18.75K | 123.32K | -122.26K | -169.59K |
| Total Assets£ | 34.10K | – | 120.31K | 100.23K |
| Cash in Bank£ | 6.95K | – | 27.01K | 54.00 |
| Total Liabilities£ | 52.86K | – | 218.74K | 251.39K |
| Employees | 0 | 3 | 3 | 3 |
HI-TECH SPRAY COATINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HI-TECH SPRAY COATINGS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HI-TECH SPRAY COATINGS LIMITED reported net assets of £-169.59K for 2024. That compares with £-122.26K in 2023, a change of -38.72%.
HI-TECH SPRAY COATINGS LIMITED reported total assets of £100.23K for 2024. That compares with £120.31K in 2023, a change of -16.69%.
HI-TECH SPRAY COATINGS LIMITED reported cash in bank of £54.00 for 2024. That compares with £27.01K in 2023, a change of -99.80%.
HI-TECH SPRAY COATINGS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, HI-TECH SPRAY COATINGS LIMITED's net assets fell by 238% and employee numbers was unchanged. Reported headcount went from 3 in 2022 to 3 in 2024. The largest fall over the period was net assets, down 238% from £123.32K to £-169.59K.
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.