REDWORX MEP LIMITED Financials
- Company number
- 15205241Copy
Copy - Registered office
- 1 Kings Avenue, London N21 3NA
- Incorporated
- 11/10/2023
Company snapshot
- Status
- Active
- Employees
- 40 (2026)
- Latest financial data
- 2026
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2024–2026.
Net Assets
196.27%vs 20252025: £1.12M
Total Assets
113.29%vs 20252025: £6.18M
Cash in Bank
100.29%vs 20252025: £2.05M
Total Liabilities
94.88%vs 20252025: £5.06M
Employees
+20vs 20252025: 20
In 2026, REDWORX MEP LIMITED reported net assets of £3.32M. The same filing shows total assets of £13.18M, cash in bank of £4.11M and total liabilities of £9.85M. Reported headcount was 40 in 2026. Total Assets rose from £6.18M in 2025 to £13.18M in 2026 (113.29%). Okredo holds filed figures for 2024–2026; 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
196.27%from £1.12M in 2025Year-on-year change
Net Assets as filed for 2024–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures REDWORX MEP LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+858%vs 2024+209% a year compound (CAGR)
Cash in Bank
+599%vs 2024+164% a year compound (CAGR)
Total Assets
+662%vs 2024+176% a year compound (CAGR)
Total Liabilities
+612%vs 2024+167% a year compound (CAGR)
Employees
+344%vs 2024+31Biggest increase
Net Assets+858%
£347.11K in 2024 to £3.32M in 2026
Every indicator Okredo holds for REDWORX MEP LIMITED rose between 2024 and 2026. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REDWORX MEP 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
- 25.23%2026
- Liabilities to total assets
- 74.77%2026
- Cash to liabilities
- 41.74%2026
- Cash to total assets
- 31.21%2026
- Revenue per employee
- £1.02M2026
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for REDWORX MEP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2024 | 2025 | 2026 |
|---|---|---|---|
| Net Assets£ | 347.11K | 1.12M | 3.32M |
| Total Assets£ | 1.73M | 6.18M | 13.18M |
| Cash in Bank£ | 588.14K | 2.05M | 4.11M |
| Total Liabilities£ | 1.38M | 5.06M | 9.85M |
| Employees | 9 | 20 | 40 |
REDWORX MEP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has REDWORX MEP LIMITED filed financial statements?
Yes. Okredo holds filed figures for REDWORX MEP LIMITED covering 2024–2026, across 5 reported indicators. The most recent reported year is 2026.
What net assets did REDWORX MEP LIMITED report in 2026?
REDWORX MEP LIMITED reported net assets of £3.32M for 2026. That compares with £1.12M in 2025, a change of 196.27%.
What total assets did REDWORX MEP LIMITED report in 2026?
REDWORX MEP LIMITED reported total assets of £13.18M for 2026. That compares with £6.18M in 2025, a change of 113.29%.
What cash in bank did REDWORX MEP LIMITED report in 2026?
REDWORX MEP LIMITED reported cash in bank of £4.11M for 2026. That compares with £2.05M in 2025, a change of 100.29%.
How many people does REDWORX MEP LIMITED employ?
REDWORX MEP LIMITED reported 40 employees in 2026, compared with 20 in 2025.
How have REDWORX MEP LIMITED financials changed over the last 3 years?
Between 2024 and 2026, REDWORX MEP LIMITED's net assets rose by 858%, cash in bank rose by 599%, total assets rose by 662% and total liabilities rose by 612%. Net assets compounded at 209% a year across the two years to 2026, from £347.11K to £3.32M. Reported headcount went from 9 in 2024 to 40 in 2026 (+31).
Which years of REDWORX MEP LIMITED financial data are available?
Okredo holds reported figures for the years 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.