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SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED Financials

Company number
SC371995Copy
Copy
Registered office
5 Anderson Road, Lerwick, Shetland ZE1 0HP
Incorporated
29/01/2010

Company snapshot

Status
Active
Employees
8 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£393.85K2025
109.64%vs 2024

2024: £187.87K

Total Assets

£682.48K2025
37.42%vs 2024

2024: £496.65K

Cash in Bank

£305.81K2025
-1.77%vs 2024

2024: £311.33K

Total Liabilities

£288.63K2025
-6.53%vs 2024

2024: £308.78K

Employees

82025
-3vs 2024

2024: 11

In 2025, SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED reported net assets of £393.85K. The same filing shows total assets of £682.48K, cash in bank of £305.81K and total liabilities of £288.63K. Reported headcount was 8 in 2025. Net Assets rose from £187.87K in 2024 to £393.85K in 2025 (109.64%). 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

£393.85K2025
109.64%from £187.87K in 2024

Year-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 SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£144.42K2023£393.85K2025
+173%vs 2023

+65.1% a year compound (CAGR)

Cash in Bank

£197.81K2023£305.81K2025
+54.6%vs 2023

+24.3% a year compound (CAGR)

Total Assets

£594.32K2023£682.48K2025
+14.8%vs 2023

+7.2% a year compound (CAGR)

Total Liabilities

£449.90K2023£288.63K2025
-35.8%vs 2023

-19.9% a year compound (CAGR)

Employees

14202382025
-42.9%vs 2023-6

Biggest increase

Net Assets+173%

£144.42K in 2023 to £393.85K in 2025

Biggest decrease

Employees-42.9%

14 in 2023 to 8 in 2025

SHETLAND CONSTRUCTION & DEVELOPMENTS 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SHETLAND CONSTRUCTION & DEVELOPMENTS 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
57.71%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
42.29%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
105.95%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
44.81%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 SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£137.52K177.22K144.42K187.87K393.85K
Total Assets£620.31K506.97K594.32K496.65K682.48K
Cash in Bank£84.71K140.14K197.81K311.33K305.81K
Total Liabilities£482.78K329.75K449.90K308.78K288.63K
Employees171714118

SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED reported net assets of £393.85K for 2025. That compares with £187.87K in 2024, a change of 109.64%.

SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED reported total assets of £682.48K for 2025. That compares with £496.65K in 2024, a change of 37.42%.

SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED reported cash in bank of £305.81K for 2025. That compares with £311.33K in 2024, a change of -1.77%.

SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED reported 8 employees in 2025, compared with 11 in 2024.

Between 2023 and 2025, SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED's net assets rose by 173%, cash in bank rose by 54.6%, total assets rose by 14.8% and total liabilities fell by 35.8%. Net assets compounded at 65.1% a year across the two years to 2025, from £144.42K to £393.85K. Reported headcount went from 14 in 2023 to 8 in 2025 (-6).

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.