ABLE ENGINEERING (MIDLANDS) LIMITED Financials
- Company number
- 04165570CopyCopy
- Registered office
- Unit 101 Rempstone Road, Normanton On Soar, Loughborough LE12 5EH
- Incorporated
- 22/02/2001
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-6.03%vs 20242024: £316.56K
Total Assets
-11.68%vs 20242024: £392.53K
Total Liabilities
-35.20%vs 20242024: £75.97K
Employees
0vs 20242024: 6
In 2025, ABLE ENGINEERING (MIDLANDS) LIMITED reported net assets of £297.46K. The same filing shows total assets of £346.69K and total liabilities of £49.23K. Reported headcount was 6 in 2025. Total Assets fell from £392.53K in 2024 to £346.69K in 2025 (-11.68%). Okredo holds filed figures for 2021–2025; 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
-6.03%from £316.56K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures ABLE ENGINEERING (MIDLANDS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+15.5%vs 2023+7.5% a year compound (CAGR)
Total Assets
+3.1%vs 2023+1.5% a year compound (CAGR)
Total Liabilities
-37.6%vs 2023-21% a year compound (CAGR)
Employees
-14.3%vs 2023-1Biggest increase
Net Assets+15.5%
£257.48K in 2023 to £297.46K in 2025
Biggest decrease
Total Liabilities-37.6%
£78.93K in 2023 to £49.23K in 2025
ABLE ENGINEERING (MIDLANDS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ABLE ENGINEERING (MIDLANDS) 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
- 85.80%2025
- 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
- 14.20%2025
- 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 ABLE ENGINEERING (MIDLANDS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 197.91K | 249.87K | 257.48K | 316.56K | 297.46K |
| Total Assets£ | 267.74K | 331.06K | 336.41K | 392.53K | 346.69K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 69.82K | 81.19K | 78.93K | 75.97K | 49.23K |
| Employees | 6 | 7 | 7 | 6 | 6 |
ABLE ENGINEERING (MIDLANDS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ABLE ENGINEERING (MIDLANDS) LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
ABLE ENGINEERING (MIDLANDS) LIMITED reported net assets of £297.46K for 2025. That compares with £316.56K in 2024, a change of -6.03%.
ABLE ENGINEERING (MIDLANDS) LIMITED reported total assets of £346.69K for 2025. That compares with £392.53K in 2024, a change of -11.68%.
ABLE ENGINEERING (MIDLANDS) LIMITED reported total liabilities of £49.23K for 2025. That compares with £75.97K in 2024, a change of -35.20%.
ABLE ENGINEERING (MIDLANDS) LIMITED reported 6 employees in 2025, compared with 6 in 2024.
Between 2023 and 2025, ABLE ENGINEERING (MIDLANDS) LIMITED's net assets rose by 15.5%, total assets rose by 3.1%, total liabilities fell by 37.6% and employee numbers fell by 14.3%. Net assets compounded at 7.5% a year across the two years to 2025, from £257.48K to £297.46K. Reported headcount went from 7 in 2023 to 6 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.