R.E.S. LIMITED Financials
- Company number
- NI032576CopyCopy
- Registered office
- 13 Joanmount Park, Belfast, BT14 6PE
- Incorporated
- 20/06/1997
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
20.50%vs 20232023: £494.57K
Total Assets
0.94%vs 20232023: £829.85K
Cash in Bank
-55.85%vs 20222022: £216.72K
Total Liabilities
3.86%vs 20232023: £232.72K
Employees
+3vs 20232023: 11
In 2024, R.E.S. LIMITED reported net assets of £595.94K. The same filing shows total assets of £837.64K, cash in bank of £95.68K and total liabilities of £241.71K. Reported headcount was 14 in 2024. Cash in Bank fell from £216.72K in 2022 to £95.68K in 2023 (-55.85%). 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
20.50%from £494.57K 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 R.E.S. LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+17.2%vs 2022+8.2% a year compound (CAGR)
Total Assets
+18.5%vs 2022+8.8% a year compound (CAGR)
Total Liabilities
+21.8%vs 2022+10.4% a year compound (CAGR)
Employees
+27.3%vs 2022+3Biggest increase
Employees+27.3%
11 in 2022 to 14 in 2024
Every indicator Okredo holds for R.E.S. LIMITED rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from R.E.S. 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
- 71.14%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
- 28.86%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
- 41.12%2023
- 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
- 11.53%2023
- 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 R.E.S. 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£ | 516.89K | 508.64K | 494.57K | 595.94K |
| Total Assets£ | 689.01K | 707.02K | 829.85K | 837.64K |
| Cash in Bank£ | 364.39K | 216.72K | 95.68K | – |
| Total Liabilities£ | 172.13K | 198.38K | 232.72K | 241.71K |
| Employees | 11 | 11 | 11 | 14 |
R.E.S. LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for R.E.S. LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
R.E.S. LIMITED reported net assets of £595.94K for 2024. That compares with £494.57K in 2023, a change of 20.50%.
R.E.S. LIMITED reported total assets of £837.64K for 2024. That compares with £829.85K in 2023, a change of 0.94%.
R.E.S. LIMITED reported cash in bank of £95.68K for 2023. That compares with £216.72K in 2022, a change of -55.85%.
R.E.S. LIMITED reported 14 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, R.E.S. LIMITED's net assets rose by 17.2%, total assets rose by 18.5%, total liabilities rose by 21.8% and employee numbers rose by 27.3%. Net assets compounded at 8.2% a year across the two years to 2024, from £508.64K to £595.94K. Reported headcount went from 11 in 2022 to 14 in 2024 (+3).
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.