RENELEC GROUNDWORKS LIMITED Financials
- Company number
- 03360925CopyCopy
- Registered office
- Brownston House, New Park Street, Devizes, Wiltshire SN10 1DS
- Incorporated
- 28/04/1997
Company snapshot
- Status
- Active
- Employees
- 92 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-28.96%vs 20232023: £1.16M
Total Assets
-19.41%vs 20232023: £7.07M
Cash in Bank
-65.56%vs 20222022: £2.89M
Total Liabilities
-17.53%vs 20232023: £5.90M
Employees
-4vs 20232023: 96
In 2024, RENELEC GROUNDWORKS LIMITED reported net assets of £826.30K. The same filing shows total assets of £5.69M, cash in bank of £996.03K and total liabilities of £4.87M. Reported headcount was 92 in 2024. Cash in Bank fell from £2.89M in 2022 to £996.03K in 2023 (-65.56%). Okredo holds filed figures for 2022–2024; 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
-28.96%from £1.16M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures RENELEC GROUNDWORKS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-23.4%vs 2022-12.5% a year compound (CAGR)
Total Assets
-28.1%vs 2022-15.2% a year compound (CAGR)
Total Liabilities
-28.8%vs 2022-15.6% a year compound (CAGR)
Employees
-3.2%vs 2022-3Biggest decrease
Total Liabilities-28.8%
£6.84M in 2022 to £4.87M in 2024
Every indicator Okredo holds for RENELEC GROUNDWORKS LIMITED fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RENELEC GROUNDWORKS 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
- 14.51%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
- 85.49%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
- 16.87%2023
- 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
- 14.10%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £193.13K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RENELEC GROUNDWORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.08M | 1.16M | 826.30K |
| Total Assets£ | 7.91M | 7.07M | 5.69M |
| Cash in Bank£ | 2.89M | 996.03K | – |
| Total Liabilities£ | 6.84M | 5.90M | 4.87M |
| Employees | 95 | 96 | 92 |
RENELEC GROUNDWORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RENELEC GROUNDWORKS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
RENELEC GROUNDWORKS LIMITED reported net assets of £826.30K for 2024. That compares with £1.16M in 2023, a change of -28.96%.
RENELEC GROUNDWORKS LIMITED reported total assets of £5.69M for 2024. That compares with £7.07M in 2023, a change of -19.41%.
RENELEC GROUNDWORKS LIMITED reported cash in bank of £996.03K for 2023. That compares with £2.89M in 2022, a change of -65.56%.
RENELEC GROUNDWORKS LIMITED reported 92 employees in 2024, compared with 96 in 2023.
Between 2022 and 2024, RENELEC GROUNDWORKS LIMITED's net assets fell by 23.4%, total assets fell by 28.1%, total liabilities fell by 28.8% and employee numbers fell by 3.2%. Net assets contracted at 12.5% a year across the two years to 2024, from £1.08M to £826.30K. Reported headcount went from 95 in 2022 to 92 in 2024 (-3).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.