REEKIE STEELTEC LIMITED Financials
- Company number
- SC215973Copy
Copy - Registered office
- Baden Powell Road, Kirkton Industrial Estate, Arbroath, Angus DD11 3LS
- Incorporated
- 20/02/2001
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
29.24%vs 20232023: £1.97M
Total Assets
15.18%vs 20232023: £3.75M
Cash in Bank
50.33%vs 20232023: £77.19K
Total Liabilities
-0.39%vs 20232023: £1.78M
Employees
+3vs 20232023: 22
In 2024, REEKIE STEELTEC LIMITED reported net assets of £2.55M. The same filing shows total assets of £4.32M, cash in bank of £116.04K and total liabilities of £1.77M. Reported headcount was 25 in 2024. Net Assets rose from £1.97M in 2023 to £2.55M in 2024 (29.24%). 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
29.24%from £1.97M 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 REEKIE STEELTEC LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+37.3%vs 2022+17.2% a year compound (CAGR)
Cash in Bank
-9.3%vs 2022-4.8% a year compound (CAGR)
Total Assets
+5.1%vs 2022+2.5% a year compound (CAGR)
Total Liabilities
-21.4%vs 2022-11.4% a year compound (CAGR)
Employees
+8.7%vs 2022+2Biggest increase
Net Assets+37.3%
£1.85M in 2022 to £2.55M in 2024
Biggest decrease
Total Liabilities-21.4%
£2.25M in 2022 to £1.77M in 2024
REEKIE STEELTEC LIMITED'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REEKIE STEELTEC 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
- 58.98%2024
- Liabilities to total assets
- 41.02%2024
- Cash to liabilities
- 6.55%2024
- Cash to total assets
- 2.69%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for REEKIE STEELTEC 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£ | 1.58M | 1.85M | 1.97M | 2.55M |
| Total Assets£ | 3.39M | 4.11M | 3.75M | 4.32M |
| Cash in Bank£ | 0.00 | 127.92K | 77.19K | 116.04K |
| Total Liabilities£ | 1.81M | 2.25M | 1.78M | 1.77M |
| Employees | 26 | 23 | 22 | 25 |
REEKIE STEELTEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has REEKIE STEELTEC LIMITED filed financial statements?
Yes. Okredo holds filed figures for REEKIE STEELTEC LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did REEKIE STEELTEC LIMITED report in 2024?
REEKIE STEELTEC LIMITED reported net assets of £2.55M for 2024. That compares with £1.97M in 2023, a change of 29.24%.
What total assets did REEKIE STEELTEC LIMITED report in 2024?
REEKIE STEELTEC LIMITED reported total assets of £4.32M for 2024. That compares with £3.75M in 2023, a change of 15.18%.
What cash in bank did REEKIE STEELTEC LIMITED report in 2024?
REEKIE STEELTEC LIMITED reported cash in bank of £116.04K for 2024. That compares with £77.19K in 2023, a change of 50.33%.
How many people does REEKIE STEELTEC LIMITED employ?
REEKIE STEELTEC LIMITED reported 25 employees in 2024, compared with 22 in 2023.
How have REEKIE STEELTEC LIMITED financials changed over the last 3 years?
Between 2022 and 2024, REEKIE STEELTEC LIMITED's net assets rose by 37.3%, cash in bank fell by 9.3%, total assets rose by 5.1% and total liabilities fell by 21.4%. Net assets compounded at 17.2% a year across the two years to 2024, from £1.85M to £2.55M. Reported headcount went from 23 in 2022 to 25 in 2024 (+2).
Which years of REEKIE STEELTEC LIMITED financial data are available?
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.