SPEEDRITE (N.E.) LIMITED Financials
- Company number
- 04644515CopyCopy
- Registered office
- 5 Brooklands Place, Brooklands Road, Sale, Cheshire M33 3SD
- Incorporated
- 22/01/2003
Company snapshot
- Status
- Active
- Employees
- 20 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-87.40%vs 20232023: £1.01M
Total Assets
-19.66%vs 20232023: £1.44M
Cash in Bank
-82.66%vs 20232023: £642.65K
Total Liabilities
139.04%vs 20232023: £429.59K
Employees
0vs 20232023: 20
In 2024, SPEEDRITE (N.E.) LIMITED reported net assets of £126.87K. The same filing shows total assets of £1.15M, cash in bank of £111.41K and total liabilities of £1.03M. Reported headcount was 20 in 2024. Net Assets fell from £1.01M in 2023 to £126.87K in 2024 (-87.40%). 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
-87.40%from £1.01M 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 SPEEDRITE (N.E.) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-83.1%vs 2022-58.9% a year compound (CAGR)
Cash in Bank
-85.7%vs 2022-62.2% a year compound (CAGR)
Total Assets
-8%vs 2022-4.1% a year compound (CAGR)
Total Liabilities
+104%vs 2022+42.8% a year compound (CAGR)
Employees
-4.8%vs 2022-1Biggest increase
Total Liabilities+104%
£503.47K in 2022 to £1.03M in 2024
Biggest decrease
Cash in Bank-85.7%
£781.55K in 2022 to £111.41K in 2024
SPEEDRITE (N.E.) LIMITED's filings pull in both directions between 2022 and 2024. 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 SPEEDRITE (N.E.) 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
- 11.00%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
- 89.00%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
- 10.85%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
- 9.66%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 SPEEDRITE (N.E.) 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£ | 630.25K | 751.30K | 1.01M | 126.87K |
| Total Assets£ | 1.29M | 1.25M | 1.44M | 1.15M |
| Cash in Bank£ | 438.55K | 781.55K | 642.65K | 111.41K |
| Total Liabilities£ | 658.45K | 503.47K | 429.59K | 1.03M |
| Employees | 21 | 21 | 20 | 20 |
SPEEDRITE (N.E.) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPEEDRITE (N.E.) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPEEDRITE (N.E.) LIMITED reported net assets of £126.87K for 2024. That compares with £1.01M in 2023, a change of -87.40%.
SPEEDRITE (N.E.) LIMITED reported total assets of £1.15M for 2024. That compares with £1.44M in 2023, a change of -19.66%.
SPEEDRITE (N.E.) LIMITED reported cash in bank of £111.41K for 2024. That compares with £642.65K in 2023, a change of -82.66%.
SPEEDRITE (N.E.) LIMITED reported 20 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, SPEEDRITE (N.E.) LIMITED's net assets fell by 83.1%, cash in bank fell by 85.7%, total assets fell by 8% and total liabilities rose by 104%. Net assets contracted at 58.9% a year across the two years to 2024, from £751.30K to £126.87K. Reported headcount went from 21 in 2022 to 20 in 2024 (-1).
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.