REFINING DIRECT LTD Financials
- Company number
- 04728846CopyCopy
- Registered office
- C/O Christian Douglass Accountants Limited 2 Jordan Street, Knott Mill, Manchester, Greater Manchester M15 4PY
- Incorporated
- 09/04/2003
Company snapshot
- Status
- Active
- Employees
- 13 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
7.12%vs 20242024: £4.86M
Total Assets
10.38%vs 20242024: £5.10M
Cash in Bank
-82.95%vs 20242024: £2.15M
Total Liabilities
77.16%vs 20242024: £237.56K
Employees
+1vs 20242024: 12
In 2025, REFINING DIRECT LTD reported net assets of £5.21M. The same filing shows total assets of £5.63M, cash in bank of £366.56K and total liabilities of £420.86K. Reported headcount was 13 in 2025. Cash in Bank fell from £2.15M in 2024 to £366.56K in 2025 (-82.95%). 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
7.12%from £4.86M 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 REFINING DIRECT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+15.4%vs 2023+7.4% a year compound (CAGR)
Cash in Bank
-51.3%vs 2023-30.2% a year compound (CAGR)
Total Assets
+17.7%vs 2023+8.5% a year compound (CAGR)
Total Liabilities
+56.7%vs 2023+25.2% a year compound (CAGR)
Employees
+18.2%vs 2023+2Biggest increase
Total Liabilities+56.7%
£268.66K in 2023 to £420.86K in 2025
Biggest decrease
Cash in Bank-51.3%
£752.65K in 2023 to £366.56K in 2025
REFINING DIRECT LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 REFINING DIRECT 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
- 92.52%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
- 7.48%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
- 87.10%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
- 6.51%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 REFINING DIRECT LTD 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£ | 2.46M | 3.93M | 4.51M | 4.86M | 5.21M |
| Total Assets£ | 2.86M | 4.49M | 4.78M | 5.10M | 5.63M |
| Cash in Bank£ | 274.85K | 1.99M | 752.65K | 2.15M | 366.56K |
| Total Liabilities£ | 394.66K | 558.40K | 268.66K | 237.56K | 420.86K |
| Employees | 10 | 9 | 11 | 12 | 13 |
REFINING DIRECT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REFINING DIRECT LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
REFINING DIRECT LTD reported net assets of £5.21M for 2025. That compares with £4.86M in 2024, a change of 7.12%.
REFINING DIRECT LTD reported total assets of £5.63M for 2025. That compares with £5.10M in 2024, a change of 10.38%.
REFINING DIRECT LTD reported cash in bank of £366.56K for 2025. That compares with £2.15M in 2024, a change of -82.95%.
REFINING DIRECT LTD reported 13 employees in 2025, compared with 12 in 2024.
Between 2023 and 2025, REFINING DIRECT LTD's net assets rose by 15.4%, cash in bank fell by 51.3%, total assets rose by 17.7% and total liabilities rose by 56.7%. Net assets compounded at 7.4% a year across the two years to 2025, from £4.51M to £5.21M. Reported headcount went from 11 in 2023 to 13 in 2025 (+2).
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.