RECO SURFACES LTD Financials
- Company number
- 02830877CopyCopy
- Registered office
- Unit R1 Havenside, Fishtoft Road, Boston PE21 0AH
- Incorporated
- 28/06/1993
Company snapshot
- Status
- Active
- Employees
- 19 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
107.51%vs 20232023: £550.18K
Total Assets
24.38%vs 20232023: £2.83M
Cash in Bank
-56.27%vs 20232023: £127.06K
Total Liabilities
-8.50%vs 20232023: £1.56M
Employees
+6vs 20232023: 13
In 2024, RECO SURFACES LTD reported net assets of £1.14M. The same filing shows total assets of £3.53M, cash in bank of £55.57K and total liabilities of £1.42M. Reported headcount was 19 in 2024. Total Assets rose from £2.83M in 2023 to £3.53M in 2024 (24.38%). 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
107.51%from £550.18K 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 RECO SURFACES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+401%vs 2022+124% a year compound (CAGR)
Cash in Bank
-78.2%vs 2022-53.3% a year compound (CAGR)
Total Assets
+142%vs 2022+55.6% a year compound (CAGR)
Total Liabilities
+45.7%vs 2022+20.7% a year compound (CAGR)
Employees
+72.7%vs 2022+8Biggest increase
Net Assets+401%
£227.81K in 2022 to £1.14M in 2024
Biggest decrease
Cash in Bank-78.2%
£255.32K in 2022 to £55.57K in 2024
RECO SURFACES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RECO SURFACES LTD'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
- 32.38%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
- 40.37%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
- 3.90%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
- 1.58%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 RECO SURFACES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -393.75K | 227.81K | 550.18K | 1.14M |
| Total Assets£ | 1.06M | 1.46M | 2.83M | 3.53M |
| Cash in Bank£ | 101.86K | 255.32K | 127.06K | 55.57K |
| Total Liabilities£ | 1.17M | 976.91K | 1.56M | 1.42M |
| Employees | 0 | 11 | 13 | 19 |
RECO SURFACES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RECO SURFACES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RECO SURFACES LTD reported net assets of £1.14M for 2024. That compares with £550.18K in 2023, a change of 107.51%.
RECO SURFACES LTD reported total assets of £3.53M for 2024. That compares with £2.83M in 2023, a change of 24.38%.
RECO SURFACES LTD reported cash in bank of £55.57K for 2024. That compares with £127.06K in 2023, a change of -56.27%.
RECO SURFACES LTD reported 19 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, RECO SURFACES LTD's net assets rose by 401%, cash in bank fell by 78.2%, total assets rose by 142% and total liabilities rose by 45.7%. Net assets compounded at 124% a year across the two years to 2024, from £227.81K to £1.14M. Reported headcount went from 11 in 2022 to 19 in 2024 (+8).
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.