RES GROUP LIMITED Financials
- Company number
- 03427453CopyCopy
- Registered office
- Unit 1 Sidings Court, Henry Boot Way, Hull HU4 7DY
- Incorporated
- 02/09/1997
Company snapshot
- Status
- Active
- Employees
- 66 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
10.36%vs 20232023: £1.59M
Total Assets
-9.03%vs 20232023: £5.64M
Cash in Bank
-3.87%vs 20232023: £2.35M
Total Liabilities
-18.46%vs 20232023: £3.14M
Employees
+13vs 20232023: 53
In 2024, RES GROUP LIMITED reported net assets of £1.75M. The same filing shows total assets of £5.13M, cash in bank of £2.26M and total liabilities of £2.56M. Reported headcount was 66 in 2024. Total Liabilities fell from £3.14M in 2023 to £2.56M in 2024 (-18.46%). 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
10.36%from £1.59M 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 RES GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+19.7%vs 2022+9.4% a year compound (CAGR)
Cash in Bank
+64.9%vs 2022+28.4% a year compound (CAGR)
Total Assets
-3%vs 2022-1.5% a year compound (CAGR)
Total Liabilities
-17.7%vs 2022-9.3% a year compound (CAGR)
Employees
-2.9%vs 2022-2Biggest increase
Cash in Bank+64.9%
£1.37M in 2022 to £2.26M in 2024
Biggest decrease
Total Liabilities-17.7%
£3.11M in 2022 to £2.56M in 2024
RES GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 RES GROUP 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
- 34.07%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
- 49.80%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
- 88.47%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
- 44.06%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £189.37K2024
- 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 RES GROUP 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£ | 1.42M | 1.46M | 1.59M | 1.75M |
| Total Assets£ | 4.99M | 5.29M | 5.64M | 5.13M |
| Cash in Bank£ | 1.05M | 1.37M | 2.35M | 2.26M |
| Total Liabilities£ | 2.95M | 3.11M | 3.14M | 2.56M |
| Employees | 63 | 68 | 53 | 66 |
RES GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RES GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RES GROUP LIMITED reported net assets of £1.75M for 2024. That compares with £1.59M in 2023, a change of 10.36%.
RES GROUP LIMITED reported total assets of £5.13M for 2024. That compares with £5.64M in 2023, a change of -9.03%.
RES GROUP LIMITED reported cash in bank of £2.26M for 2024. That compares with £2.35M in 2023, a change of -3.87%.
RES GROUP LIMITED reported 66 employees in 2024, compared with 53 in 2023.
Between 2022 and 2024, RES GROUP LIMITED's net assets rose by 19.7%, cash in bank rose by 64.9%, total assets fell by 3% and total liabilities fell by 17.7%. Net assets compounded at 9.4% a year across the two years to 2024, from £1.46M to £1.75M. Reported headcount went from 68 in 2022 to 66 in 2024 (-2).
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.