SMARTREX DEVELOPMENT LIMITED Financials
- Company number
- 07295643CopyCopy
- Registered office
- 9 Pinn Valley Road, Exeter EX1 3UF
- Incorporated
- 25/06/2010
Company snapshot
- Status
- Active
- Employees
- 13 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
122.09%vs 20242024: £987.00
Total Assets
32.35%vs 20242024: £251.61K
Cash in Bank
-417.21%vs 20242024: £7.00K
Total Liabilities
33.57%vs 20242024: £242.05K
Employees
-3vs 20242024: 16
In 2025, SMARTREX DEVELOPMENT LIMITED reported net assets of £2.19K. The same filing shows total assets of £332.99K, cash in bank of £-22.19K and total liabilities of £323.30K. Reported headcount was 13 in 2025. Total Assets rose from £251.61K in 2024 to £332.99K in 2025 (32.35%). 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
122.09%from £987.00 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 SMARTREX DEVELOPMENT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-64%vs 2023-40% a year compound (CAGR)
Cash in Bank
-598%vs 2023Total Assets
-0.1%vs 2023-<0.1% a year compound (CAGR)
Total Liabilities
+1.7%vs 2023+0.8% a year compound (CAGR)
Employees
-38.1%vs 2023-8Biggest increase
Total Liabilities+1.7%
£318.05K in 2023 to £323.30K in 2025
Biggest decrease
Cash in Bank-598%
£4.46K in 2023 to £-22.19K in 2025
SMARTREX DEVELOPMENT 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SMARTREX DEVELOPMENT 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
- 0.66%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
- 97.09%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
- -6.86%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
- -6.66%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 SMARTREX DEVELOPMENT 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£ | 12.61K | 10.44K | 6.09K | 987.00 | 2.19K |
| Total Assets£ | 93.47K | 172.99K | 333.45K | 251.61K | 332.99K |
| Cash in Bank£ | 10.06K | 9.18K | 4.46K | 7.00K | -22.19K |
| Total Liabilities£ | 80.50K | 162.42K | 318.05K | 242.05K | 323.30K |
| Employees | 19 | 20 | 21 | 16 | 13 |
SMARTREX DEVELOPMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SMARTREX DEVELOPMENT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SMARTREX DEVELOPMENT LIMITED reported net assets of £2.19K for 2025. That compares with £987.00 in 2024, a change of 122.09%.
SMARTREX DEVELOPMENT LIMITED reported total assets of £332.99K for 2025. That compares with £251.61K in 2024, a change of 32.35%.
SMARTREX DEVELOPMENT LIMITED reported cash in bank of £-22.19K for 2025. That compares with £7.00K in 2024, a change of -417.21%.
SMARTREX DEVELOPMENT LIMITED reported 13 employees in 2025, compared with 16 in 2024.
Between 2023 and 2025, SMARTREX DEVELOPMENT LIMITED's net assets fell by 64%, cash in bank fell by 598%, total assets fell by 0.1% and total liabilities rose by 1.7%. Net assets contracted at 40% a year across the two years to 2025, from £6.09K to £2.19K. Reported headcount went from 21 in 2023 to 13 in 2025 (-8).
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.