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RAZOR OILTOOLS LIMITED Financials

Company number
SC660477Copy
Copy
Registered office
5 Carden Place, Aberdeen AB10 1UT
Incorporated
04/05/2020

Company snapshot

Status
Active
Employees
30 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£8.54M2025
104.64%vs 2024

2024: £4.17M

Total Assets

£14.44M2025
63.40%vs 2024

2024: £8.83M

Cash in Bank

£3.48M2025
136.17%vs 2024

2024: £1.47M

Total Liabilities

£2.11M2025
1.37%vs 2024

2024: £2.08M

Employees

302025
+7vs 2024

2024: 23

In 2025, RAZOR OILTOOLS LIMITED reported net assets of £8.54M. The same filing shows total assets of £14.44M, cash in bank of £3.48M and total liabilities of £2.11M. Reported headcount was 30 in 2025. Total Assets rose from £8.83M in 2024 to £14.44M in 2025 (63.40%). 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

£8.54M2025
104.64%from £4.17M 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 RAZOR OILTOOLS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£2.22M2023£8.54M2025
+285%vs 2023

+96.3% a year compound (CAGR)

Cash in Bank

£335.43K2023£3.48M2025
+936%vs 2023

+222% a year compound (CAGR)

Total Assets

£3.33M2023£14.44M2025
+333%vs 2023

+108% a year compound (CAGR)

Total Liabilities

£1.12M2023£2.11M2025
+88.9%vs 2023

+37.5% a year compound (CAGR)

Employees

172023302025
+76.5%vs 2023+13

Biggest increase

Cash in Bank+936%

£335.43K in 2023 to £3.48M in 2025

Every indicator Okredo holds for RAZOR OILTOOLS LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RAZOR OILTOOLS 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
59.16%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
14.62%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.
Cash to liabilities
164.71%2025
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
24.08%2025
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 RAZOR OILTOOLS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£181.10K1.48M2.22M4.17M8.54M
Total Assets£598.66K2.18M3.33M8.83M14.44M
Cash in Bank£37.52K445.49K335.43K1.47M3.48M
Total Liabilities£417.56K701.41K1.12M2.08M2.11M
Employees414172330

RAZOR OILTOOLS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RAZOR OILTOOLS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

RAZOR OILTOOLS LIMITED reported net assets of £8.54M for 2025. That compares with £4.17M in 2024, a change of 104.64%.

RAZOR OILTOOLS LIMITED reported total assets of £14.44M for 2025. That compares with £8.83M in 2024, a change of 63.40%.

RAZOR OILTOOLS LIMITED reported cash in bank of £3.48M for 2025. That compares with £1.47M in 2024, a change of 136.17%.

RAZOR OILTOOLS LIMITED reported 30 employees in 2025, compared with 23 in 2024.

Between 2023 and 2025, RAZOR OILTOOLS LIMITED's net assets rose by 285%, cash in bank rose by 936%, total assets rose by 333% and total liabilities rose by 88.9%. Net assets compounded at 96.3% a year across the two years to 2025, from £2.22M to £8.54M. Reported headcount went from 17 in 2023 to 30 in 2025 (+13).

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.