SECOND ELEMENT LIMITED Financials
- Company number
- 04578427CopyCopy
- Registered office
- 1 Clare Cottage, Gallamore Lane, Market Rasen, Lincolnshire LN8 3HZ
- Incorporated
- 31/10/2002
Company snapshot
- Status
- Active
- Employees
- 49 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
13.81%vs 20242024: £1.68M
Total Assets
2.59%vs 20242024: £2.36M
Cash in Bank
23.43%vs 20242024: £238.12K
Total Liabilities
-25.41%vs 20242024: £674.47K
Employees
+7vs 20242024: 42
In 2025, SECOND ELEMENT LIMITED reported net assets of £1.92M. The same filing shows total assets of £2.42M, cash in bank of £293.90K and total liabilities of £503.07K. Reported headcount was 49 in 2025. Net Assets rose from £1.68M in 2024 to £1.92M in 2025 (13.81%). Okredo holds filed figures for 2021–2025; 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
13.81%from £1.68M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SECOND ELEMENT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+22.8%vs 2023+10.8% a year compound (CAGR)
Cash in Bank
-3%vs 2023-1.5% a year compound (CAGR)
Total Assets
+8.3%vs 2023+4.1% a year compound (CAGR)
Total Liabilities
-25.2%vs 2023-13.5% a year compound (CAGR)
Employees
+16.7%vs 2023+7Biggest increase
Net Assets+22.8%
£1.56M in 2023 to £1.92M in 2025
Biggest decrease
Total Liabilities-25.2%
£672.13K in 2023 to £503.07K in 2025
SECOND ELEMENT LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 SECOND ELEMENT 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
- 79.21%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
- 20.79%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
- 58.42%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
- 12.15%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 SECOND ELEMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.39M | 1.35M | 1.56M | 1.68M | 1.92M |
| Total Assets£ | 1.93M | 1.87M | 2.23M | 2.36M | 2.42M |
| Cash in Bank£ | 237.38K | 126.08K | 303.05K | 238.12K | 293.90K |
| Total Liabilities£ | 513.27K | 523.78K | 672.13K | 674.47K | 503.07K |
| Employees | 42 | 42 | 42 | 42 | 49 |
SECOND ELEMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SECOND ELEMENT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SECOND ELEMENT LIMITED reported net assets of £1.92M for 2025. That compares with £1.68M in 2024, a change of 13.81%.
SECOND ELEMENT LIMITED reported total assets of £2.42M for 2025. That compares with £2.36M in 2024, a change of 2.59%.
SECOND ELEMENT LIMITED reported cash in bank of £293.90K for 2025. That compares with £238.12K in 2024, a change of 23.43%.
SECOND ELEMENT LIMITED reported 49 employees in 2025, compared with 42 in 2024.
Between 2023 and 2025, SECOND ELEMENT LIMITED's net assets rose by 22.8%, cash in bank fell by 3%, total assets rose by 8.3% and total liabilities fell by 25.2%. Net assets compounded at 10.8% a year across the two years to 2025, from £1.56M to £1.92M. Reported headcount went from 42 in 2023 to 49 in 2025 (+7).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.