REELING SYSTEMS LIMITED Financials
- Company number
- 02512106CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Lake House 2 Port Way, Port Solent, Portsmouth, Hampshire PO6 4TY
- Incorporated
- 15/06/1990
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
33.78%vs 20242024: £1.21M
Total Assets
37.95%vs 20242024: £1.42M
Cash in Bank
53.81%vs 20242024: £812.73K
Total Liabilities
62.70%vs 20242024: £204.17K
Employees
0vs 20242024: 5
In 2025, REELING SYSTEMS LIMITED reported net assets of £1.62M. The same filing shows total assets of £1.95M, cash in bank of £1.25M and total liabilities of £332.19K. Reported headcount was 5 in 2025. Total Assets rose from £1.42M in 2024 to £1.95M in 2025 (37.95%). Okredo holds filed figures for 2021–2025; 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
33.78%from £1.21M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures REELING SYSTEMS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+55.6%vs 2023+24.7% a year compound (CAGR)
Cash in Bank
+94.2%vs 2023+39.4% a year compound (CAGR)
Total Assets
+63.2%vs 2023+27.8% a year compound (CAGR)
Total Liabilities
+115%vs 2023+46.5% a year compound (CAGR)
Employees
+25%vs 2023+1Biggest increase
Total Liabilities+115%
£154.79K in 2023 to £332.19K in 2025
Every indicator Okredo holds for REELING SYSTEMS LIMITED rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REELING SYSTEMS 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
- 83.00%2025
- 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
- 17.00%2025
- 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
- 376.33%2025
- 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
- 63.98%2025
- 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 REELING SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 445.71K | 908.61K | 1.04M | 1.21M | 1.62M |
| Total Assets£ | 569.68K | 1.15M | 1.20M | 1.42M | 1.95M |
| Cash in Bank£ | 304.46K | 455.22K | 643.65K | 812.73K | 1.25M |
| Total Liabilities£ | 123.97K | 243.36K | 154.79K | 204.17K | 332.19K |
| Employees | 2 | 4 | 4 | 5 | 5 |
REELING SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REELING SYSTEMS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
REELING SYSTEMS LIMITED reported net assets of £1.62M for 2025. That compares with £1.21M in 2024, a change of 33.78%.
REELING SYSTEMS LIMITED reported total assets of £1.95M for 2025. That compares with £1.42M in 2024, a change of 37.95%.
REELING SYSTEMS LIMITED reported cash in bank of £1.25M for 2025. That compares with £812.73K in 2024, a change of 53.81%.
REELING SYSTEMS LIMITED reported 5 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, REELING SYSTEMS LIMITED's net assets rose by 55.6%, cash in bank rose by 94.2%, total assets rose by 63.2% and total liabilities rose by 115%. Net assets compounded at 24.7% a year across the two years to 2025, from £1.04M to £1.62M. Reported headcount went from 4 in 2023 to 5 in 2025 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.