SOUTH TEES SITE COMPANY LIMITED Financials
- Company number
- 10424065Copy
Copy - Registered office
- Teesside Airport Business Suite, Teesside International Airport, Darlington DL2 1NJ
- Incorporated
- 12/10/2016
Company snapshot
- Status
- Active
- Employees
- 32 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
43.63%vs 20232023: £-985.36K
Total Assets
-21.56%vs 20232023: £14.46M
Cash in Bank
-86.54%vs 20232023: £6.44M
Total Liabilities
-22.97%vs 20232023: £15.44M
Employees
-30vs 20232023: 62
In 2024, SOUTH TEES SITE COMPANY LIMITED reported net assets of £-555.47K. The same filing shows total assets of £11.34M, cash in bank of £866.26K and total liabilities of £11.90M. Reported headcount was 32 in 2024. Cash in Bank fell from £6.44M in 2023 to £866.26K in 2024 (-86.54%). 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
43.63%from £-985.36K 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 SOUTH TEES SITE COMPANY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-87.3%vs 2022-64.4% a year compound (CAGR)
Total Assets
-34.9%vs 2022-19.3% a year compound (CAGR)
Employees
-73.3%vs 2022-88Biggest decrease
Cash in Bank-87.3%
£6.83M in 2022 to £866.26K in 2024
SOUTH TEES SITE COMPANY LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOUTH TEES SITE COMPANY 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
- -4.90%2024
- Liabilities to total assets
- 104.90%2024
- Cash to liabilities
- 7.28%2024
- Cash to total assets
- 7.64%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SOUTH TEES SITE COMPANY 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£ | -511.93K | -1.15M | -985.36K | -555.47K |
| Total Assets£ | 5.04M | 17.41M | 14.46M | 11.34M |
| Cash in Bank£ | 1.08M | 6.83M | 6.44M | 866.26K |
| Total Liabilities£ | 5.55M | – | 15.44M | 11.90M |
| Employees | 126 | 120 | 62 | 32 |
SOUTH TEES SITE COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SOUTH TEES SITE COMPANY LIMITED filed financial statements?
Yes. Okredo holds filed figures for SOUTH TEES SITE COMPANY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SOUTH TEES SITE COMPANY LIMITED report in 2024?
SOUTH TEES SITE COMPANY LIMITED reported net assets of £-555.47K for 2024. That compares with £-985.36K in 2023, a change of 43.63%.
What total assets did SOUTH TEES SITE COMPANY LIMITED report in 2024?
SOUTH TEES SITE COMPANY LIMITED reported total assets of £11.34M for 2024. That compares with £14.46M in 2023, a change of -21.56%.
What cash in bank did SOUTH TEES SITE COMPANY LIMITED report in 2024?
SOUTH TEES SITE COMPANY LIMITED reported cash in bank of £866.26K for 2024. That compares with £6.44M in 2023, a change of -86.54%.
How many people does SOUTH TEES SITE COMPANY LIMITED employ?
SOUTH TEES SITE COMPANY LIMITED reported 32 employees in 2024, compared with 62 in 2023.
How have SOUTH TEES SITE COMPANY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SOUTH TEES SITE COMPANY LIMITED's cash in bank fell by 87.3%, total assets fell by 34.9% and employee numbers fell by 73.3%. Cash in bank contracted at 64.4% a year across the two years to 2024, from £6.83M to £866.26K. Reported headcount went from 120 in 2022 to 32 in 2024 (-88).
Which years of SOUTH TEES SITE COMPANY LIMITED financial data are available?
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.