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NORTH EAST SPECIALIST COATINGS LTD. Financials

Company number
SC278988Copy
Copy
Registered office
14 Main Street, Hatton, Peterhead, Aberdeenshire AB42 0SB
Incorporated
27/01/2005

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-32.18K2025
6.84%vs 2024

2024: £-34.55K

Total Assets

£47.51K2025
-8.76%vs 2024

2024: £52.08K

Total Liabilities

£79.70K2025
-7.99%vs 2024

2024: £86.62K

Employees

32025
0vs 2024

2024: 3

In 2025, NORTH EAST SPECIALIST COATINGS LTD. reported net assets of £-32.18K. The same filing shows total assets of £47.51K and total liabilities of £79.70K. Reported headcount was 3 in 2025. Total Liabilities fell from £86.62K in 2024 to £79.70K in 2025 (-7.99%). 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

£-32.18K2025
6.84%from £-34.55K in 2024

Year-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 NORTH EAST SPECIALIST COATINGS LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-39.04K2023£-32.18K2025
Increasedvs 2023

Total Assets

£54.33K2023£47.51K2025
-12.6%vs 2023

-6.5% a year compound (CAGR)

Total Liabilities

£93.38K2023£79.70K2025
-14.6%vs 2023

-7.6% a year compound (CAGR)

Employees

3202332025
0%vs 2023

Biggest decrease

Total Liabilities-14.6%

£93.38K in 2023 to £79.70K in 2025

NORTH EAST SPECIALIST COATINGS LTD.'s filings pull in both directions between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with total assets falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NORTH EAST SPECIALIST COATINGS 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
-67.74%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
167.74%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NORTH EAST SPECIALIST COATINGS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-47.84K-43.20K-39.04K-34.55K-32.18K
Total Assets£33.70K39.83K54.33K52.08K47.51K
Cash in Bank£–––––
Total Liabilities£81.54K83.03K93.38K86.62K79.70K
Employees44333

NORTH EAST SPECIALIST COATINGS LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NORTH EAST SPECIALIST COATINGS LTD. covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

NORTH EAST SPECIALIST COATINGS LTD. reported net assets of £-32.18K for 2025. That compares with £-34.55K in 2024, a change of 6.84%.

NORTH EAST SPECIALIST COATINGS LTD. reported total assets of £47.51K for 2025. That compares with £52.08K in 2024, a change of -8.76%.

NORTH EAST SPECIALIST COATINGS LTD. reported total liabilities of £79.70K for 2025. That compares with £86.62K in 2024, a change of -7.99%.

NORTH EAST SPECIALIST COATINGS LTD. reported 3 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, NORTH EAST SPECIALIST COATINGS LTD.'s total assets fell by 12.6%, total liabilities fell by 14.6% and employee numbers was unchanged. Total assets contracted at 6.5% a year across the two years to 2025, from £54.33K to £47.51K. Reported headcount went from 3 in 2023 to 3 in 2025.

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.