KRG FORMWORK LTD Financials
- Company number
- 13730357Copy
Copy - Registered office
- 22 Barton Tors, Bideford EX39 4EY
- Incorporated
- 08/11/2021
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-60.86%vs 20242024: £26.89K
Total Assets
-46.34%vs 20242024: £129.85K
Cash in Bank
499.67%vs 20232023: £611.00
Total Liabilities
-2.13%vs 20242024: £60.44K
Employees
0vs 20242024: 3
In 2025, KRG FORMWORK LTD reported net assets of £10.52K. The same filing shows total assets of £69.67K, cash in bank of £3.66K and total liabilities of £59.15K. Reported headcount was 3 in 2025. Total Assets fell from £129.85K in 2024 to £69.67K in 2025 (-46.34%). Okredo holds filed figures for 2022–2025; 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
-60.86%from £26.89K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures KRG FORMWORK LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+490%vs 2023+143% a year compound (CAGR)
Total Assets
+18.7%vs 2023+8.9% a year compound (CAGR)
Total Liabilities
+3.9%vs 2023+1.9% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+490%
£1.79K in 2023 to £10.52K in 2025
Every measure that changed in KRG FORMWORK LTD's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from KRG FORMWORK 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
- 15.11%2025
- Liabilities to total assets
- 84.89%2025
- Cash to liabilities
- 6.06%2024
- Cash to total assets
- 2.82%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 KRG FORMWORK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 341.00 | 1.79K | 26.89K | 10.52K |
| Total Assets£ | 17.13K | 58.71K | 129.85K | 69.67K |
| Cash in Bank£ | 1.51K | 611.00 | 3.66K | – |
| Total Liabilities£ | 16.79K | 56.93K | 60.44K | 59.15K |
| Employees | 0 | 3 | 3 | 3 |
KRG FORMWORK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has KRG FORMWORK LTD filed financial statements?
Yes. Okredo holds filed figures for KRG FORMWORK LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did KRG FORMWORK LTD report in 2025?
KRG FORMWORK LTD reported net assets of £10.52K for 2025. That compares with £26.89K in 2024, a change of -60.86%.
What total assets did KRG FORMWORK LTD report in 2025?
KRG FORMWORK LTD reported total assets of £69.67K for 2025. That compares with £129.85K in 2024, a change of -46.34%.
What cash in bank did KRG FORMWORK LTD report in 2024?
KRG FORMWORK LTD reported cash in bank of £3.66K for 2024. That compares with £611.00 in 2023, a change of 499.67%.
How many people does KRG FORMWORK LTD employ?
KRG FORMWORK LTD reported 3 employees in 2025, compared with 3 in 2024.
How have KRG FORMWORK LTD financials changed over the last 3 years?
Between 2023 and 2025, KRG FORMWORK LTD's net assets rose by 490%, total assets rose by 18.7%, total liabilities rose by 3.9% and employee numbers was unchanged. Net assets compounded at 143% a year across the two years to 2025, from £1.79K to £10.52K. Reported headcount went from 3 in 2023 to 3 in 2025.
Which years of KRG FORMWORK LTD financial data are available?
Okredo holds reported figures for the years 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.