R T MECHANICS LIMITED Financials
- Company number
- 05514833CopyCopy
- Registered office
- Sturt Road, Haslemere, Surrey GU27 3RX
- Incorporated
- 21/07/2005
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-187.42%vs 20232023: £38.30K
Total Assets
20.33%vs 20232023: £319.46K
Cash in Bank
-84.66%vs 20232023: £40.80K
Total Liabilities
48.62%vs 20232023: £281.16K
Employees
+1vs 20232023: 9
In 2024, R T MECHANICS LIMITED reported net assets of £-33.48K. The same filing shows total assets of £384.40K, cash in bank of £6.26K and total liabilities of £417.87K. Reported headcount was 10 in 2024. Total Liabilities rose from £281.16K in 2023 to £417.87K in 2024 (48.62%). 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
-187.42%from £38.30K 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 T MECHANICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-173%vs 2022Cash in Bank
-83.4%vs 2022-59.3% a year compound (CAGR)
Total Assets
+26.4%vs 2022+12.4% a year compound (CAGR)
Total Liabilities
+61.7%vs 2022+27.2% a year compound (CAGR)
Employees
+11.1%vs 2022+1Biggest increase
Total Liabilities+61.7%
£258.35K in 2022 to £417.87K in 2024
Biggest decrease
Net Assets-173%
£45.78K in 2022 to £-33.48K in 2024
R T MECHANICS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from R T MECHANICS 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
- -8.71%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
- 108.71%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
- 1.50%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
- 1.63%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 R T MECHANICS 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£ | 101.24K | 45.78K | 38.30K | -33.48K |
| Total Assets£ | 340.20K | 304.13K | 319.46K | 384.40K |
| Cash in Bank£ | 244.79K | 37.75K | 40.80K | 6.26K |
| Total Liabilities£ | 238.96K | 258.35K | 281.16K | 417.87K |
| Employees | 10 | 9 | 9 | 10 |
R T MECHANICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for R T MECHANICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
R T MECHANICS LIMITED reported net assets of £-33.48K for 2024. That compares with £38.30K in 2023, a change of -187.42%.
R T MECHANICS LIMITED reported total assets of £384.40K for 2024. That compares with £319.46K in 2023, a change of 20.33%.
R T MECHANICS LIMITED reported cash in bank of £6.26K for 2024. That compares with £40.80K in 2023, a change of -84.66%.
R T MECHANICS LIMITED reported 10 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, R T MECHANICS LIMITED's net assets fell by 173%, cash in bank fell by 83.4%, total assets rose by 26.4% and total liabilities rose by 61.7%. Cash in bank contracted at 59.3% a year across the two years to 2024, from £37.75K to £6.26K. Reported headcount went from 9 in 2022 to 10 in 2024 (+1).
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.