TERRALEC LIMITED Financials
- Company number
- 02847690CopyCopy
- Registered office
- Osprey House Featherby Way, Purdeys Industrial Estate, Rochford, Essex SS4 1LD
- Incorporated
- 25/08/1993
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-12.67%vs 20232023: £35.71K
Total Assets
14.89%vs 20232023: £357.69K
Cash in Bank
-12.15%vs 20232023: £31.23K
Total Liabilities
19.01%vs 20232023: £313.93K
Employees
0vs 20232023: 3
In 2024, TERRALEC LIMITED reported net assets of £31.19K. The same filing shows total assets of £410.96K, cash in bank of £27.44K and total liabilities of £373.63K. Reported headcount was 3 in 2024. Total Liabilities rose from £313.93K in 2023 to £373.63K in 2024 (19.01%). 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
-12.67%from £35.71K 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 TERRALEC LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-57.4%vs 2022-34.7% a year compound (CAGR)
Cash in Bank
+85.3%vs 2022+36.1% a year compound (CAGR)
Total Assets
+6.6%vs 2022+3.3% a year compound (CAGR)
Total Liabilities
+22.3%vs 2022+10.6% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+85.3%
£14.81K in 2022 to £27.44K in 2024
Biggest decrease
Net Assets-57.4%
£73.18K in 2022 to £31.19K in 2024
TERRALEC LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TERRALEC 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
- 7.59%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
- 90.91%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
- 7.34%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
- 6.68%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 TERRALEC 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£ | 73.35K | 73.18K | 35.71K | 31.19K |
| Total Assets£ | 397.78K | 385.38K | 357.69K | 410.96K |
| Cash in Bank£ | 30.80K | 14.81K | 31.23K | 27.44K |
| Total Liabilities£ | 324.43K | 305.48K | 313.93K | 373.63K |
| Employees | 4 | 3 | 3 | 3 |
TERRALEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TERRALEC LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TERRALEC LIMITED reported net assets of £31.19K for 2024. That compares with £35.71K in 2023, a change of -12.67%.
TERRALEC LIMITED reported total assets of £410.96K for 2024. That compares with £357.69K in 2023, a change of 14.89%.
TERRALEC LIMITED reported cash in bank of £27.44K for 2024. That compares with £31.23K in 2023, a change of -12.15%.
TERRALEC LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, TERRALEC LIMITED's net assets fell by 57.4%, cash in bank rose by 85.3%, total assets rose by 6.6% and total liabilities rose by 22.3%. Net assets contracted at 34.7% a year across the two years to 2024, from £73.18K to £31.19K. Reported headcount went from 3 in 2022 to 3 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.