SECAL SHEET METAL (MIDLANDS) LIMITED Financials
- Company number
- 02789163CopyCopy
- Registered office
- Unit J3, Halesfield 19, Telford TF7 4QT
- Incorporated
- 11/02/1993
Company snapshot
- Status
- Active
- Employees
- 51 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
-92.68%vs 20242024: £407.54K
Total Assets
-35.44%vs 20242024: £1.81M
Cash in Bank
-94.03%vs 20242024: £341.21K
Total Liabilities
-18.81%vs 20242024: £1.40M
Employees
-2vs 20242024: 53
In 2025, SECAL SHEET METAL (MIDLANDS) LIMITED reported net assets of £29.82K. The same filing shows total assets of £1.17M, cash in bank of £20.37K and total liabilities of £1.14M. Reported headcount was 51 in 2025. Total Assets fell from £1.81M in 2024 to £1.17M in 2025 (-35.44%). Okredo holds filed figures for 2023–2025; 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
-92.68%from £407.54K in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SECAL SHEET METAL (MIDLANDS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-92%vs 2023-71.8% a year compound (CAGR)
Cash in Bank
+35.6%vs 2023+16.4% a year compound (CAGR)
Total Assets
-31.4%vs 2023-17.2% a year compound (CAGR)
Total Liabilities
-14.3%vs 2023-7.5% a year compound (CAGR)
Employees
-13.6%vs 2023-8Biggest increase
Cash in Bank+35.6%
£15.03K in 2023 to £20.37K in 2025
Biggest decrease
Net Assets-92%
£374.93K in 2023 to £29.82K in 2025
SECAL SHEET METAL (MIDLANDS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SECAL SHEET METAL (MIDLANDS) 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
- 2.55%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.
- Liabilities to total assets
- 97.45%2025
- 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
- 1.79%2025
- 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
- 1.74%2025
- 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 SECAL SHEET METAL (MIDLANDS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 374.93K | 407.54K | 29.82K |
| Total Assets£ | 1.70M | 1.81M | 1.17M |
| Cash in Bank£ | 15.03K | 341.21K | 20.37K |
| Total Liabilities£ | 1.33M | 1.40M | 1.14M |
| Employees | 59 | 53 | 51 |
SECAL SHEET METAL (MIDLANDS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SECAL SHEET METAL (MIDLANDS) LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
SECAL SHEET METAL (MIDLANDS) LIMITED reported net assets of £29.82K for 2025. That compares with £407.54K in 2024, a change of -92.68%.
SECAL SHEET METAL (MIDLANDS) LIMITED reported total assets of £1.17M for 2025. That compares with £1.81M in 2024, a change of -35.44%.
SECAL SHEET METAL (MIDLANDS) LIMITED reported cash in bank of £20.37K for 2025. That compares with £341.21K in 2024, a change of -94.03%.
SECAL SHEET METAL (MIDLANDS) LIMITED reported 51 employees in 2025, compared with 53 in 2024.
Between 2023 and 2025, SECAL SHEET METAL (MIDLANDS) LIMITED's net assets fell by 92%, cash in bank rose by 35.6%, total assets fell by 31.4% and total liabilities fell by 14.3%. Net assets contracted at 71.8% a year across the two years to 2025, from £374.93K to £29.82K. Reported headcount went from 59 in 2023 to 51 in 2025 (-8).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.