SPIROTECH SRD GROUP LIMITED Financials
- Company number
- 05021065CopyCopy
- Registered office
- Jade Works, Brookside Ind Estate, Sawtry, Cambs PE28 5SB
- Incorporated
- 20/01/2004
Company snapshot
- Status
- Active
- Employees
- 70 (2023)
- Latest financial data
- 2023
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
16.56%vs 20222022: £1.47M
Total Assets
10.94%vs 20222022: £3.53M
Cash in Bank
578.47%vs 20222022: £102.37K
Total Liabilities
9.11%vs 20222022: £1.84M
Employees
0vs 20222022: 70
In 2023, SPIROTECH SRD GROUP LIMITED reported net assets of £1.71M. The same filing shows total assets of £3.92M, cash in bank of £694.52K and total liabilities of £2.01M. Reported headcount was 70 in 2023. Cash in Bank rose from £102.37K in 2022 to £694.52K in 2023 (578.47%). Okredo holds filed figures for 2021–2023; 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
16.56%from £1.47M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SPIROTECH SRD GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-11%vs 2021-5.6% a year compound (CAGR)
Total Assets
-12.3%vs 2021-6.3% a year compound (CAGR)
Total Liabilities
-11.8%vs 2021-6.1% a year compound (CAGR)
Employees
+40%vs 2021+20Biggest increase
Employees+40%
50 in 2021 to 70 in 2023
Biggest decrease
Total Assets-12.3%
£4.47M in 2021 to £3.92M in 2023
SPIROTECH SRD GROUP LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPIROTECH SRD GROUP 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
- 43.59%2023
- 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
- 51.31%2023
- 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
- 34.52%2023
- 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
- 17.71%2023
- 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 SPIROTECH SRD GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.92M | 1.47M | 1.71M |
| Total Assets£ | 4.47M | 3.53M | 3.92M |
| Cash in Bank£ | – | 102.37K | 694.52K |
| Total Liabilities£ | 2.28M | 1.84M | 2.01M |
| Employees | 50 | 70 | 70 |
SPIROTECH SRD GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPIROTECH SRD GROUP LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SPIROTECH SRD GROUP LIMITED reported net assets of £1.71M for 2023. That compares with £1.47M in 2022, a change of 16.56%.
SPIROTECH SRD GROUP LIMITED reported total assets of £3.92M for 2023. That compares with £3.53M in 2022, a change of 10.94%.
SPIROTECH SRD GROUP LIMITED reported cash in bank of £694.52K for 2023. That compares with £102.37K in 2022, a change of 578.47%.
SPIROTECH SRD GROUP LIMITED reported 70 employees in 2023, compared with 70 in 2022.
Between 2021 and 2023, SPIROTECH SRD GROUP LIMITED's net assets fell by 11%, total assets fell by 12.3%, total liabilities fell by 11.8% and employee numbers rose by 40%. Net assets contracted at 5.6% a year across the two years to 2023, from £1.92M to £1.71M. Reported headcount went from 50 in 2021 to 70 in 2023 (+20).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.