REL ACOUSTICS LIMITED Financials
- Company number
- 05455463CopyCopy
- Registered office
- Rel Acoustics North Road, Bridgend Industrial Estate, Bridgend, Mid Glamorgan CF31 3TP
- Incorporated
- 18/05/2005
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
32.82%vs 20232023: £3.50M
Total Assets
26.99%vs 20232023: £6.62M
Cash in Bank
-64.65%vs 20232023: £1.89M
Total Liabilities
22.83%vs 20232023: £2.88M
Employees
0vs 20232023: 8
In 2024, REL ACOUSTICS LIMITED reported net assets of £4.65M. The same filing shows total assets of £8.41M, cash in bank of £668.69K and total liabilities of £3.53M. Reported headcount was 8 in 2024. Total Assets rose from £6.62M in 2023 to £8.41M in 2024 (26.99%). 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
32.82%from £3.50M 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 REL ACOUSTICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+72.1%vs 2022+31.2% a year compound (CAGR)
Cash in Bank
+40.8%vs 2022+18.7% a year compound (CAGR)
Total Assets
+48.4%vs 2022+21.8% a year compound (CAGR)
Total Liabilities
+30.5%vs 2022+14.2% a year compound (CAGR)
Employees
+14.3%vs 2022+1Biggest increase
Net Assets+72.1%
£2.70M in 2022 to £4.65M in 2024
Every indicator Okredo holds for REL ACOUSTICS LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REL ACOUSTICS 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
- 55.28%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.
- Liabilities to total assets
- 42.02%2024
- 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
- 18.93%2024
- 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
- 7.95%2024
- 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 REL ACOUSTICS 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£ | 4.20M | 2.70M | 3.50M | 4.65M |
| Total Assets£ | 5.99M | 5.67M | 6.62M | 8.41M |
| Cash in Bank£ | 296.72K | 474.94K | 1.89M | 668.69K |
| Total Liabilities£ | 1.54M | 2.71M | 2.88M | 3.53M |
| Employees | 7 | 7 | 8 | 8 |
REL ACOUSTICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REL ACOUSTICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
REL ACOUSTICS LIMITED reported net assets of £4.65M for 2024. That compares with £3.50M in 2023, a change of 32.82%.
REL ACOUSTICS LIMITED reported total assets of £8.41M for 2024. That compares with £6.62M in 2023, a change of 26.99%.
REL ACOUSTICS LIMITED reported cash in bank of £668.69K for 2024. That compares with £1.89M in 2023, a change of -64.65%.
REL ACOUSTICS LIMITED reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, REL ACOUSTICS LIMITED's net assets rose by 72.1%, cash in bank rose by 40.8%, total assets rose by 48.4% and total liabilities rose by 30.5%. Net assets compounded at 31.2% a year across the two years to 2024, from £2.70M to £4.65M. Reported headcount went from 7 in 2022 to 8 in 2024 (+1).
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.