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SMITH CONSTRUCTION (HECKINGTON) LIMITED Financials

Company number
02683844Copy
Copy
Registered office
Station Road, Heckington, Sleaford, Lincolnshire NG34 9NF
Incorporated
04/02/1992

Company snapshot

Status
Active
Employees
53 (2024)
Latest financial data
2024
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£2.73M2024
38.51%vs 2023

2023: £1.97M

Total Assets

£8.60M2024
23.74%vs 2023

2023: £6.95M

Cash in Bank

£1.36M2024
38.86%vs 2023

2023: £976.32K

Total Liabilities

£4.23M2024
25.36%vs 2023

2023: £3.37M

Employees

532024
+2vs 2023

2023: 51

In 2024, SMITH CONSTRUCTION (HECKINGTON) LIMITED reported net assets of £2.73M. The same filing shows total assets of £8.60M, cash in bank of £1.36M and total liabilities of £4.23M. Reported headcount was 53 in 2024. Total Assets rose from £6.95M in 2023 to £8.60M in 2024 (23.74%). 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

£2.73M2024
38.51%from £1.97M in 2023

Year-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 SMITH CONSTRUCTION (HECKINGTON) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.22M2022£2.73M2024
+23%vs 2022

+10.9% a year compound (CAGR)

Cash in Bank

£946.85K2022£1.36M2024
+43.2%vs 2022

+19.7% a year compound (CAGR)

Total Assets

£6.40M2022£8.60M2024
+34.3%vs 2022

+15.9% a year compound (CAGR)

Total Liabilities

£2.88M2022£4.23M2024
+46.5%vs 2022

+21% a year compound (CAGR)

Employees

532022532024
0%vs 2022

Biggest increase

Total Liabilities+46.5%

£2.88M in 2022 to £4.23M in 2024

Every measure that changed in SMITH CONSTRUCTION (HECKINGTON) LIMITED's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank and total assets climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SMITH CONSTRUCTION (HECKINGTON) 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
31.75%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
49.15%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
32.09%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
15.77%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£285.40K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SMITH CONSTRUCTION (HECKINGTON) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.82M2.22M1.97M2.73M
Total Assets£5.08M6.40M6.95M8.60M
Cash in Bank£754.51K946.85K976.32K1.36M
Total Liabilities£2.33M2.88M3.37M4.23M
Employees50535153

SMITH CONSTRUCTION (HECKINGTON) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SMITH CONSTRUCTION (HECKINGTON) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SMITH CONSTRUCTION (HECKINGTON) LIMITED reported net assets of £2.73M for 2024. That compares with £1.97M in 2023, a change of 38.51%.

SMITH CONSTRUCTION (HECKINGTON) LIMITED reported total assets of £8.60M for 2024. That compares with £6.95M in 2023, a change of 23.74%.

SMITH CONSTRUCTION (HECKINGTON) LIMITED reported cash in bank of £1.36M for 2024. That compares with £976.32K in 2023, a change of 38.86%.

SMITH CONSTRUCTION (HECKINGTON) LIMITED reported 53 employees in 2024, compared with 51 in 2023.

Between 2022 and 2024, SMITH CONSTRUCTION (HECKINGTON) LIMITED's net assets rose by 23%, cash in bank rose by 43.2%, total assets rose by 34.3% and total liabilities rose by 46.5%. Net assets compounded at 10.9% a year across the two years to 2024, from £2.22M to £2.73M. Reported headcount went from 53 in 2022 to 53 in 2024.

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.