SR2 REC LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-09 (in 11mo)
Last made up 2026-03-26
Watchouts
None on the register
Cash
£3M
+58% highest in 6 filed years
Net assets
£3M
+2.7% vs 2023
Employees
62
+12.7% highest in 6 filed years
Profit before tax
£550K
-38.6% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-08-31 | 2021-08-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £17,611,903 | £17,389,239 | |
| Operating profit | — | — | — | — | £887,072 | £538,474 | |
| Profit before tax | — | — | — | — | £896,718 | £550,186 | |
| Net profit | — | — | — | — | £676,129 | £402,590 | |
| Cash | £699,494 | £1,395,624 | £1,724,610 | £1,821,087 | £1,676,155 | £2,647,870 | |
| Total assets less current liabilities | £468,086 | £1,186,703 | — | — | £2,623,472 | £2,683,708 | |
| Net assets | £417,432 | £1,180,161 | £1,220,984 | £2,698,492 | £2,609,104 | £2,678,287 | |
| Equity | £417,432 | £1,180,161 | £1,220,984 | £2,698,492 | £2,609,104 | £2,678,287 | |
| Average employees | 19 | 28 | 40 | 58 | 55 | 62 | |
| Wages | — | — | — | — | £3,339,221 | £3,007,898 | |
| Directors' remuneration | — | — | — | — | £9,250 | £9,360 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-1.3%
£17,611,903 £17,389,239
-
Cash
+58%
£1,676,155 £2,647,870
highest in 6 filed years
-
Net assets
+2.7%
£2,609,104 £2,678,287
-
Employees
+12.7%
55 62
highest in 6 filed years
-
Operating profit
-39.3%
£887,072 £538,474
-
Profit before tax
-38.6%
£896,718 £550,186
-
Wages
-9.9%
£3,339,221 £3,007,898
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-08-31 | 2021-08-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 5.0% | 3.1% | |
| Net margin | — | — | — | — | 3.8% | 2.3% | |
| Return on capital employed | — | — | — | — | 33.8% | 20.1% | |
| Current ratio | — | — | — | — | 2.49x | 2.47x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having assessed the Company's future funding requirements the director is satisfied that the Company is a going concern. The Company's forecasts and projections, taking account of reasonbly possible changes in trading performance, show that the Company is able to operate within the level of its current financing. The director has, therefore, concluded that it is appropriate for the accounts to be preparing on a going concern basis.”
Group structure
- SR2 REC LIMITED · parent
- SR2 Rec GmbH 100%
- SR2 Rec Corp 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHEARD, Gabrielle | Secretary | 2018-03-26 | — | — |
| SHEARD, Christopher Edward | Director | 2017-03-09 | Jan 1983 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Christopher Edward Sheard | Individual | Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-trust, right-to-appoint-and-remove-directors-as-firm | 2017-03-09 | Active |
Filing timeline
Last 20 of 48 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-22 RESOLUTIONS Resolution
- 2024-05-22 RESOLUTIONS Resolution
- 2024-05-22 RESOLUTIONS Resolution
- 2024-05-22 RESOLUTIONS Resolution
- 2024-05-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-06 | AA | accounts | Accounts with accounts type group | |
| 2025-08-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-22 | SH08 | capital | Capital name of class of shares | |
| 2024-05-22 | SH08 | capital | Capital name of class of shares | |
| 2024-05-22 | SH08 | capital | Capital name of class of shares | |
| 2024-05-22 | SH08 | capital | Capital name of class of shares | |
| 2024-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-31 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-05-25 | SH01 | capital | Capital allotment shares | |
| 2022-12-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-09-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.