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SIPS ECO PANEL SYSTEMS LIMITED Financials

Company number
SC548974Copy
Copy
Registered office
Unit 5 Boston Road, Glenrothes KY6 2RE
Incorporated
31/10/2016

Company snapshot

Status
Active
Employees
36 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£3.29M2025
9.53%vs 2024

2024: £3.00M

Total Assets

£12.59M2025
16.32%vs 2024

2024: £10.82M

Cash in Bank

£34.36K2024
-50.64%vs 2023

2023: £69.60K

Total Liabilities

£8.00M2025
24.86%vs 2024

2024: £6.41M

Employees

362025
-7vs 2024

2024: 43

In 2025, SIPS ECO PANEL SYSTEMS LIMITED reported net assets of £3.29M. The same filing shows total assets of £12.59M, cash in bank of £34.36K and total liabilities of £8.00M. Reported headcount was 36 in 2025. Total Assets rose from £10.82M in 2024 to £12.59M in 2025 (16.32%). 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

£3.29M2025
9.53%from £3.00M 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 SIPS ECO PANEL SYSTEMS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£2.56M2023£3.29M2025
+28.7%vs 2023

+13.4% a year compound (CAGR)

Total Assets

£8.42M2023£12.59M2025
+49.5%vs 2023

+22.3% a year compound (CAGR)

Total Liabilities

£4.48M2023£8.00M2025
+78.5%vs 2023

+33.6% a year compound (CAGR)

Employees

392023362025
-7.7%vs 2023-3

Biggest increase

Total Liabilities+78.5%

£4.48M in 2023 to £8.00M in 2025

Biggest decrease

Employees-7.7%

39 in 2023 to 36 in 2025

SIPS ECO PANEL SYSTEMS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 SIPS ECO PANEL SYSTEMS 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
26.13%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
63.58%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
0.54%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
0.32%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 SIPS ECO PANEL SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.60M2.07M2.56M3.00M3.29M
Total Assets£4.59M6.44M8.42M10.82M12.59M
Cash in Bank£158.16K24.0069.60K34.36K–
Total Liabilities£2.99M4.37M4.48M6.41M8.00M
Employees4038394336

SIPS ECO PANEL SYSTEMS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SIPS ECO PANEL SYSTEMS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SIPS ECO PANEL SYSTEMS LIMITED reported net assets of £3.29M for 2025. That compares with £3.00M in 2024, a change of 9.53%.

SIPS ECO PANEL SYSTEMS LIMITED reported total assets of £12.59M for 2025. That compares with £10.82M in 2024, a change of 16.32%.

SIPS ECO PANEL SYSTEMS LIMITED reported cash in bank of £34.36K for 2024. That compares with £69.60K in 2023, a change of -50.64%.

SIPS ECO PANEL SYSTEMS LIMITED reported 36 employees in 2025, compared with 43 in 2024.

Between 2023 and 2025, SIPS ECO PANEL SYSTEMS LIMITED's net assets rose by 28.7%, total assets rose by 49.5%, total liabilities rose by 78.5% and employee numbers fell by 7.7%. Net assets compounded at 13.4% a year across the two years to 2025, from £2.56M to £3.29M. Reported headcount went from 39 in 2023 to 36 in 2025 (-3).

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.