RE-TEK (UK) LIMITED Financials
- Company number
- 03209888CopyCopy
- Registered office
- Ground Floor Temple Back, 10 Temple Back, Bristol BS1 6FL
- Incorporated
- 10/06/1996
Company snapshot
- Status
- Active
- Employees
- 45 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-75.36%vs 20232023: £4.26M
Total Assets
-50.02%vs 20232023: £6.06M
Cash in Bank
-93.72%vs 20232023: £5.11M
Total Liabilities
14.00%vs 20232023: £1.66M
Employees
0vs 20232023: 45
In 2024, RE-TEK (UK) LIMITED reported net assets of £1.05M. The same filing shows total assets of £3.03M, cash in bank of £321.01K and total liabilities of £1.89M. Reported headcount was 45 in 2024. Cash in Bank fell from £5.11M in 2023 to £321.01K in 2024 (-93.72%). 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
-75.36%from £4.26M 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 RE-TEK (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-69.8%vs 2022-45.1% a year compound (CAGR)
Cash in Bank
-93.3%vs 2022-74.1% a year compound (CAGR)
Total Assets
-45.3%vs 2022-26% a year compound (CAGR)
Total Liabilities
-4.7%vs 2022-2.4% a year compound (CAGR)
Employees
-2.2%vs 2022-1Biggest decrease
Cash in Bank-93.3%
£4.80M in 2022 to £321.01K in 2024
Every indicator Okredo holds for RE-TEK (UK) LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RE-TEK (UK) 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
- 34.64%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
- 62.56%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
- 16.95%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
- 10.60%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 RE-TEK (UK) 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£ | 2.31M | 3.47M | 4.26M | 1.05M |
| Total Assets£ | 4.08M | 5.53M | 6.06M | 3.03M |
| Cash in Bank£ | 3.75M | 4.80M | 5.11M | 321.01K |
| Total Liabilities£ | 1.70M | 1.99M | 1.66M | 1.89M |
| Employees | 43 | 46 | 45 | 45 |
RE-TEK (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RE-TEK (UK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RE-TEK (UK) LIMITED reported net assets of £1.05M for 2024. That compares with £4.26M in 2023, a change of -75.36%.
RE-TEK (UK) LIMITED reported total assets of £3.03M for 2024. That compares with £6.06M in 2023, a change of -50.02%.
RE-TEK (UK) LIMITED reported cash in bank of £321.01K for 2024. That compares with £5.11M in 2023, a change of -93.72%.
RE-TEK (UK) LIMITED reported 45 employees in 2024, compared with 45 in 2023.
Between 2022 and 2024, RE-TEK (UK) LIMITED's net assets fell by 69.8%, cash in bank fell by 93.3%, total assets fell by 45.3% and total liabilities fell by 4.7%. Net assets contracted at 45.1% a year across the two years to 2024, from £3.47M to £1.05M. Reported headcount went from 46 in 2022 to 45 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.