SERVICE METALS (SOUTH) LIMITED Financials
- Company number
- 02107615CopyCopy
- Registered office
- Howley Park Industrial Estate, Howley Park Road East, Morley, Leeds LS27 0BN
- Incorporated
- 09/03/1987
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
29.31%vs 20232023: £1.31M
Total Assets
-14.16%vs 20232023: £3.63M
Cash in Bank
-14.10%vs 20232023: £1.11M
Total Liabilities
-38.73%vs 20232023: £2.32M
Employees
0vs 20232023: 17
In 2024, SERVICE METALS (SOUTH) LIMITED reported net assets of £1.69M. The same filing shows total assets of £3.11M, cash in bank of £952.44K and total liabilities of £1.42M. Reported headcount was 17 in 2024. Total Liabilities fell from £2.32M in 2023 to £1.42M in 2024 (-38.73%). 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
29.31%from £1.31M 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 SERVICE METALS (SOUTH) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+52.6%vs 2022+23.5% a year compound (CAGR)
Cash in Bank
+28%vs 2022+13.1% a year compound (CAGR)
Total Assets
+17.3%vs 2022+8.3% a year compound (CAGR)
Total Liabilities
-8.1%vs 2022-4.1% a year compound (CAGR)
Employees
+6.3%vs 2022+1Biggest increase
Net Assets+52.6%
£1.11M in 2022 to £1.69M in 2024
Biggest decrease
Total Liabilities-8.1%
£1.54M in 2022 to £1.42M in 2024
SERVICE METALS (SOUTH) LIMITED's filings pull in both directions between 2022 and 2024. 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 SERVICE METALS (SOUTH) 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
- 54.40%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
- 45.60%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
- 67.06%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
- 30.58%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 SERVICE METALS (SOUTH) 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£ | 970.11K | 1.11M | 1.31M | 1.69M |
| Total Assets£ | 2.53M | 2.65M | 3.63M | 3.11M |
| Cash in Bank£ | 942.48K | 744.12K | 1.11M | 952.44K |
| Total Liabilities£ | 1.56M | 1.54M | 2.32M | 1.42M |
| Employees | 17 | 16 | 17 | 17 |
SERVICE METALS (SOUTH) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SERVICE METALS (SOUTH) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SERVICE METALS (SOUTH) LIMITED reported net assets of £1.69M for 2024. That compares with £1.31M in 2023, a change of 29.31%.
SERVICE METALS (SOUTH) LIMITED reported total assets of £3.11M for 2024. That compares with £3.63M in 2023, a change of -14.16%.
SERVICE METALS (SOUTH) LIMITED reported cash in bank of £952.44K for 2024. That compares with £1.11M in 2023, a change of -14.10%.
SERVICE METALS (SOUTH) LIMITED reported 17 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, SERVICE METALS (SOUTH) LIMITED's net assets rose by 52.6%, cash in bank rose by 28%, total assets rose by 17.3% and total liabilities fell by 8.1%. Net assets compounded at 23.5% a year across the two years to 2024, from £1.11M to £1.69M. Reported headcount went from 16 in 2022 to 17 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.