RE GROUP ACCOUNTANTS LIMITED Financials
- Company number
- 11895214CopyCopy
- Registered office
- The Maltings, Rosemary Lane, Halstead, Essex CO9 1HZ
- Incorporated
- 21/03/2019
Company snapshot
- Status
- Active
- Employees
- 36 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
43.25%vs 20222022: £692.15K
Total Assets
32.88%vs 20212021: £1.21M
Cash in Bank
79.43%vs 20222022: £166.53K
Total Liabilities
-15.41%vs 20212021: £653.40K
Employees
0vs 20222022: 36
In 2023, RE GROUP ACCOUNTANTS LIMITED reported net assets of £991.47K. The same filing shows total assets of £1.61M, cash in bank of £298.81K and total liabilities of £552.73K. Reported headcount was 36 in 2023. Total Assets rose from £1.21M in 2021 to £1.61M in 2022 (32.88%). Okredo holds filed figures for 2021–2023; 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
43.25%from £692.15K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures RE GROUP ACCOUNTANTS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+102%vs 2021+42.2% a year compound (CAGR)
Cash in Bank
+0.3%vs 2021+0.2% a year compound (CAGR)
Employees
+2.9%vs 2021+1Biggest increase
Net Assets+102%
£490.06K in 2021 to £991.47K in 2023
Every indicator Okredo holds for RE GROUP ACCOUNTANTS LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RE GROUP ACCOUNTANTS 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
- 43.01%2022
- 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
- 34.35%2022
- 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
- 30.13%2022
- 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
- 10.35%2022
- 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 RE GROUP ACCOUNTANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 490.06K | 692.15K | 991.47K |
| Total Assets£ | 1.21M | 1.61M | – |
| Cash in Bank£ | 297.88K | 166.53K | 298.81K |
| Total Liabilities£ | 653.40K | 552.73K | – |
| Employees | 35 | 36 | 36 |
RE GROUP ACCOUNTANTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RE GROUP ACCOUNTANTS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
RE GROUP ACCOUNTANTS LIMITED reported net assets of £991.47K for 2023. That compares with £692.15K in 2022, a change of 43.25%.
RE GROUP ACCOUNTANTS LIMITED reported total assets of £1.61M for 2022. That compares with £1.21M in 2021, a change of 32.88%.
RE GROUP ACCOUNTANTS LIMITED reported cash in bank of £298.81K for 2023. That compares with £166.53K in 2022, a change of 79.43%.
RE GROUP ACCOUNTANTS LIMITED reported 36 employees in 2023, compared with 36 in 2022.
Between 2021 and 2023, RE GROUP ACCOUNTANTS LIMITED's net assets rose by 102%, cash in bank rose by 0.3% and employee numbers rose by 2.9%. Net assets compounded at 42.2% a year across the two years to 2023, from £490.06K to £991.47K. Reported headcount went from 35 in 2021 to 36 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.