SPECIALTY COATING SYSTEMS LIMITED Financials
- Company number
- 01408896CopyCopy
- Registered office
- Unit A1 Kingswey Business Park, Forsyth Road, Woking GU21 5SA
- Incorporated
- 12/01/1979
Company snapshot
- Status
- Active
- Employees
- 80 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
19.06%vs 20232023: £5.62M
Total Assets
9.87%vs 20232023: £8.73M
Cash in Bank
48.99%vs 20232023: £694.54K
Total Liabilities
-20.57%vs 20232023: £2.15M
Employees
+10vs 20232023: 70
In 2024, SPECIALTY COATING SYSTEMS LIMITED reported net assets of £6.69M. The same filing shows total assets of £9.60M, cash in bank of £1.03M and total liabilities of £1.71M. Reported headcount was 80 in 2024. Net Assets rose from £5.62M in 2023 to £6.69M in 2024 (19.06%). 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
19.06%from £5.62M 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 SPECIALTY COATING SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+36.9%vs 2022+17% a year compound (CAGR)
Cash in Bank
+4.7%vs 2022+2.3% a year compound (CAGR)
Total Assets
+19.3%vs 2022+9.2% a year compound (CAGR)
Total Liabilities
-35.5%vs 2022-19.7% a year compound (CAGR)
Employees
+95.1%vs 2022+39Biggest increase
Employees+95.1%
41 in 2022 to 80 in 2024
Biggest decrease
Total Liabilities-35.5%
£2.65M in 2022 to £1.71M in 2024
SPECIALTY COATING SYSTEMS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPECIALTY COATING 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
- 69.74%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
- 17.77%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
- 60.66%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
- 10.78%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 SPECIALTY COATING SYSTEMS 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£ | 4.70M | 4.89M | 5.62M | 6.69M |
| Total Assets£ | 7.91M | 8.04M | 8.73M | 9.60M |
| Cash in Bank£ | 1.00M | 988.36K | 694.54K | 1.03M |
| Total Liabilities£ | 2.57M | 2.65M | 2.15M | 1.71M |
| Employees | 60 | 41 | 70 | 80 |
SPECIALTY COATING SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPECIALTY COATING SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPECIALTY COATING SYSTEMS LIMITED reported net assets of £6.69M for 2024. That compares with £5.62M in 2023, a change of 19.06%.
SPECIALTY COATING SYSTEMS LIMITED reported total assets of £9.60M for 2024. That compares with £8.73M in 2023, a change of 9.87%.
SPECIALTY COATING SYSTEMS LIMITED reported cash in bank of £1.03M for 2024. That compares with £694.54K in 2023, a change of 48.99%.
SPECIALTY COATING SYSTEMS LIMITED reported 80 employees in 2024, compared with 70 in 2023.
Between 2022 and 2024, SPECIALTY COATING SYSTEMS LIMITED's net assets rose by 36.9%, cash in bank rose by 4.7%, total assets rose by 19.3% and total liabilities fell by 35.5%. Net assets compounded at 17% a year across the two years to 2024, from £4.89M to £6.69M. Reported headcount went from 41 in 2022 to 80 in 2024 (+39).
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.