SR2 REC LIMITED
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Cash
£2.2m
-16.5% vs 2024
Net assets
£3.1m
+16.2% highest in 6 filed years
Employees
65
+4.8% highest in 6 filed years
Profit before tax
£764k
+38.9% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-08-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £17,611,903 | £17,389,239 | £27,105,283 | +55.9% | |
| Operating profit | — | — | — | £887,072 | £538,474 | £752,109 | +39.7% | |
| Profit before tax | — | — | — | £896,718 | £550,186 | £764,231 | +38.9% | |
| Net profit | — | — | — | £676,129 | £402,590 | £599,355 | +48.9% | |
| Cash | £1,395,624 | £1,724,610 | £1,821,087 | £1,676,155 | £2,647,870 | £2,212,014 | -16.5% | |
| Total assets less current liabilities | £1,186,703 | £1,232,418 | — | £2,623,472 | £2,683,708 | £3,116,831 | +16.1% | |
| Net assets | £1,180,161 | £1,220,984 | £2,698,492 | £2,609,104 | £2,678,287 | £3,110,849 | +16.2% | |
| Equity | £1,180,161 | £1,220,984 | £2,698,492 | £2,609,104 | £2,678,287 | £3,110,849 | +16.2% | |
| Average employees | 28 | 40 | 58 | 55 | 62 | 65 | +4.8% | |
| Wages | — | — | — | £3,339,221 | £3,007,898 | £4,289,014 | +42.6% | |
| Directors' remuneration | — | — | — | £9,250 | £9,360 | £12,531 | +33.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-08-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 5.0% | 3.1% | 2.8% | |
| Net margin | — | — | — | 3.8% | 2.3% | 2.2% | |
| Return on capital employed | — | — | — | 33.8% | 20.1% | 24.1% | |
| Gearing (liabilities / total assets) | 71.8% | 73.8% | — | 39.9% | 39.5% | 50.1% | |
| Current ratio | — | — | — | 2.49x | 2.47x | 1.97x |
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.”
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
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHEARD, Gabrielle | Secretary | 2018-03-26 | — | — |
| RAMANA, Nigel Peter | Director | 2026-07-07 | Mar 1981 | British |
| 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 | 2017-03-09 | Active |
Filing timeline
Last 20 of 53 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 | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type group | |
| 2026-09-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-04 | CH01 | officers | Change person director company with change date | |
| 2026-09-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-09-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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.