RECOR MEDICAL LTD Financials
- Company number
- 11604921CopyCopy
- Registered office
- Innovation House Innovation Way, Discovery Park, Sandwich, Kent CT13 9FF
- Incorporated
- 04/10/2018
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
19.83%vs 20232023: £-1.44M
Total Assets
-35.46%vs 20232023: £2.26M
Cash in Bank
-40.44%vs 20232023: £1.57M
Total Liabilities
-29.36%vs 20232023: £3.70M
Employees
-1vs 20232023: 17
In 2024, RECOR MEDICAL LTD reported net assets of £-1.16M. The same filing shows total assets of £1.46M, cash in bank of £935.89K and total liabilities of £2.62M. Reported headcount was 16 in 2024. Total Liabilities fell from £3.70M in 2023 to £2.62M in 2024 (-29.36%). 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
19.83%from £-1.44M 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 RECOR MEDICAL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-34.7%vs 2022-19.2% a year compound (CAGR)
Total Assets
-12.3%vs 2022-6.4% a year compound (CAGR)
Total Liabilities
-27.4%vs 2022-14.8% a year compound (CAGR)
Employees
-5.9%vs 2022-1Biggest decrease
Cash in Bank-34.7%
£1.43M in 2022 to £935.89K in 2024
RECOR MEDICAL LTD's filings pull in both directions between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RECOR MEDICAL 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
- -79.51%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
- 179.51%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
- 35.79%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
- 64.24%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 RECOR MEDICAL 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£ | -2.18M | -1.94M | -1.44M | -1.16M |
| Total Assets£ | 1.57M | 1.66M | 2.26M | 1.46M |
| Cash in Bank£ | 1.16M | 1.43M | 1.57M | 935.89K |
| Total Liabilities£ | 3.75M | 3.60M | 3.70M | 2.62M |
| Employees | 29 | 17 | 17 | 16 |
RECOR MEDICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RECOR MEDICAL LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RECOR MEDICAL LTD reported net assets of £-1.16M for 2024. That compares with £-1.44M in 2023, a change of 19.83%.
RECOR MEDICAL LTD reported total assets of £1.46M for 2024. That compares with £2.26M in 2023, a change of -35.46%.
RECOR MEDICAL LTD reported cash in bank of £935.89K for 2024. That compares with £1.57M in 2023, a change of -40.44%.
RECOR MEDICAL LTD reported 16 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, RECOR MEDICAL LTD's cash in bank fell by 34.7%, total assets fell by 12.3%, total liabilities fell by 27.4% and employee numbers fell by 5.9%. Cash in bank contracted at 19.2% a year across the two years to 2024, from £1.43M to £935.89K. Reported headcount went from 17 in 2022 to 16 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.