REID MARINE LIMITED Financials
- Company number
- SC071758Copy
Copy - Registered office
- Quest Buildings, 27/29 Albert Street, Kirkwall, Orkney KW15 1HL
- Incorporated
- 09/06/1980
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.89%vs 20232023: £6.69M
Total Assets
0.90%vs 20232023: £7.38M
Cash in Bank
81.86%vs 20232023: £63.31K
Total Liabilities
1.19%vs 20232023: £692.25K
Employees
0vs 20232023: 4
In 2024, REID MARINE LIMITED reported net assets of £6.75M. The same filing shows total assets of £7.45M, cash in bank of £115.13K and total liabilities of £700.50K. Reported headcount was 4 in 2024. Total Assets rose from £7.38M in 2023 to £7.45M in 2024 (0.90%). 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
0.89%from £6.69M 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 REID MARINE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+2.7%vs 2022+1.3% a year compound (CAGR)
Cash in Bank
+41.8%vs 2022+19.1% a year compound (CAGR)
Total Assets
+2.9%vs 2022+1.4% a year compound (CAGR)
Total Liabilities
+4.8%vs 2022+2.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+41.8%
£81.20K in 2022 to £115.13K in 2024
Every measure that changed in REID MARINE LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REID MARINE 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
- 90.56%2024
- Liabilities to total assets
- 9.40%2024
- Cash to liabilities
- 16.44%2024
- Cash to total assets
- 1.55%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 REID MARINE 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£ | 5.84M | 6.57M | 6.69M | 6.75M |
| Total Assets£ | 5.97M | 7.24M | 7.38M | 7.45M |
| Cash in Bank£ | 43.72K | 81.20K | 63.31K | 115.13K |
| Total Liabilities£ | 52.17K | 668.67K | 692.25K | 700.50K |
| Employees | 4 | 4 | 4 | 4 |
REID MARINE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has REID MARINE LIMITED filed financial statements?
Yes. Okredo holds filed figures for REID MARINE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did REID MARINE LIMITED report in 2024?
REID MARINE LIMITED reported net assets of £6.75M for 2024. That compares with £6.69M in 2023, a change of 0.89%.
What total assets did REID MARINE LIMITED report in 2024?
REID MARINE LIMITED reported total assets of £7.45M for 2024. That compares with £7.38M in 2023, a change of 0.90%.
What cash in bank did REID MARINE LIMITED report in 2024?
REID MARINE LIMITED reported cash in bank of £115.13K for 2024. That compares with £63.31K in 2023, a change of 81.86%.
How many people does REID MARINE LIMITED employ?
REID MARINE LIMITED reported 4 employees in 2024, compared with 4 in 2023.
How have REID MARINE LIMITED financials changed over the last 3 years?
Between 2022 and 2024, REID MARINE LIMITED's net assets rose by 2.7%, cash in bank rose by 41.8%, total assets rose by 2.9% and total liabilities rose by 4.8%. Net assets compounded at 1.3% a year across the two years to 2024, from £6.57M to £6.75M. Reported headcount went from 4 in 2022 to 4 in 2024.
Which years of REID MARINE 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.