118 ENGINEERING LTD Financials
- Company number
- 11305052Copy
Copy - Registered office
- Windsor House Troon Way Business Centre, Humberstone Lane, Thurmaston, Leicestershire LE4 9HA
- Incorporated
- 11/04/2018
Company snapshot
- Status
- Dissolved
- Employees
- 1 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
130.59%vs 20222022: £16.79K
Total Assets
-64.03%vs 20212021: £50.79K
Total Liabilities
-77.63%vs 20212021: £6.61K
Employees
0vs 20222022: 1
In 2023, 118 ENGINEERING LTD reported net assets of £38.71K. The same filing shows total assets of £18.27K and total liabilities of £1.48K. Reported headcount was 1 in 2023. Total Assets fell from £50.79K in 2021 to £18.27K in 2022 (-64.03%). 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
130.59%from £16.79K 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 118 ENGINEERING LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-12.4%vs 2021-6.4% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Net Assets-12.4%
£44.18K in 2021 to £38.71K in 2023
Every measure that changed in 118 ENGINEERING LTD's filings between 2021 and 2023 fell. That fall came in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 118 ENGINEERING LTD'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
- 91.90%2022
- Liabilities to total assets
- 8.10%2022
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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for 118 ENGINEERING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 44.18K | 16.79K | 38.71K |
| Total Assets£ | 50.79K | 18.27K | – |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 6.61K | 1.48K | – |
| Employees | 1 | 1 | 1 |
118 ENGINEERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has 118 ENGINEERING LTD filed financial statements?
Yes. Okredo holds filed figures for 118 ENGINEERING LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
What net assets did 118 ENGINEERING LTD report in 2023?
118 ENGINEERING LTD reported net assets of £38.71K for 2023. That compares with £16.79K in 2022, a change of 130.59%.
What total assets did 118 ENGINEERING LTD report in 2022?
118 ENGINEERING LTD reported total assets of £18.27K for 2022. That compares with £50.79K in 2021, a change of -64.03%.
What total liabilities did 118 ENGINEERING LTD report in 2022?
118 ENGINEERING LTD reported total liabilities of £1.48K for 2022. That compares with £6.61K in 2021, a change of -77.63%.
How many people does 118 ENGINEERING LTD employ?
118 ENGINEERING LTD reported 1 employee in 2023, compared with 1 in 2022.
How have 118 ENGINEERING LTD financials changed over the last 3 years?
Between 2021 and 2023, 118 ENGINEERING LTD's net assets fell by 12.4% and employee numbers was unchanged. Net assets contracted at 6.4% a year across the two years to 2023, from £44.18K to £38.71K. Reported headcount went from 1 in 2021 to 1 in 2023.
Which years of 118 ENGINEERING LTD financial data are available?
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.