REFRIGERATION DEVELOPMENTS AND TESTING LTD Financials
- Company number
- 06914248Copy
Copy - Registered office
- One, New Street, Wells, Somerset BA5 2LA
- Incorporated
- 22/05/2009
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-47.76%vs 20242024: £120.21K
Total Assets
-52.21%vs 20242024: £193.37K
Total Liabilities
-59.53%vs 20242024: £73.16K
Employees
+2vs 20242024: 7
In 2025, REFRIGERATION DEVELOPMENTS AND TESTING LTD reported net assets of £62.80K. The same filing shows total assets of £92.41K and total liabilities of £29.61K. Reported headcount was 9 in 2025. Total Assets fell from £193.37K in 2024 to £92.41K in 2025 (-52.21%). 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
-47.76%from £120.21K 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 REFRIGERATION DEVELOPMENTS AND TESTING LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-30.9%vs 2023-16.9% a year compound (CAGR)
Total Assets
-49%vs 2023-28.6% a year compound (CAGR)
Total Liabilities
-67.2%vs 2023-42.7% a year compound (CAGR)
Employees
+50%vs 2023+3Biggest increase
Employees+50%
6 in 2023 to 9 in 2025
Biggest decrease
Total Liabilities-67.2%
£90.28K in 2023 to £29.61K in 2025
REFRIGERATION DEVELOPMENTS AND TESTING LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 REFRIGERATION DEVELOPMENTS AND TESTING 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
- 67.96%2025
- Liabilities to total assets
- 32.04%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for REFRIGERATION DEVELOPMENTS AND TESTING 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£ | 42.72K | 70.81K | 90.88K | 120.21K | 62.80K |
| Total Assets£ | 87.93K | 211.38K | 181.15K | 193.37K | 92.41K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 45.21K | 140.57K | 90.28K | 73.16K | 29.61K |
| Employees | 5 | 5 | 6 | 7 | 9 |
REFRIGERATION DEVELOPMENTS AND TESTING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has REFRIGERATION DEVELOPMENTS AND TESTING LTD filed financial statements?
Yes. Okredo holds filed figures for REFRIGERATION DEVELOPMENTS AND TESTING LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
What net assets did REFRIGERATION DEVELOPMENTS AND TESTING LTD report in 2025?
REFRIGERATION DEVELOPMENTS AND TESTING LTD reported net assets of £62.80K for 2025. That compares with £120.21K in 2024, a change of -47.76%.
What total assets did REFRIGERATION DEVELOPMENTS AND TESTING LTD report in 2025?
REFRIGERATION DEVELOPMENTS AND TESTING LTD reported total assets of £92.41K for 2025. That compares with £193.37K in 2024, a change of -52.21%.
What total liabilities did REFRIGERATION DEVELOPMENTS AND TESTING LTD report in 2025?
REFRIGERATION DEVELOPMENTS AND TESTING LTD reported total liabilities of £29.61K for 2025. That compares with £73.16K in 2024, a change of -59.53%.
How many people does REFRIGERATION DEVELOPMENTS AND TESTING LTD employ?
REFRIGERATION DEVELOPMENTS AND TESTING LTD reported 9 employees in 2025, compared with 7 in 2024.
How have REFRIGERATION DEVELOPMENTS AND TESTING LTD financials changed over the last 3 years?
Between 2023 and 2025, REFRIGERATION DEVELOPMENTS AND TESTING LTD's net assets fell by 30.9%, total assets fell by 49%, total liabilities fell by 67.2% and employee numbers rose by 50%. Net assets contracted at 16.9% a year across the two years to 2025, from £90.88K to £62.80K. Reported headcount went from 6 in 2023 to 9 in 2025 (+3).
Which years of REFRIGERATION DEVELOPMENTS AND TESTING LTD financial data are available?
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.