ABS PRECISION LIMITED Financials
- Company number
- 05129895CopyCopy
- Registered office
- Abs Precision Ltd Eighth Avenue West, Eighth Avenue, Team Valley Trading Estate, Gateshead NE11 0EB
- Incorporated
- 17/05/2004
Company snapshot
- Status
- Active
- Employees
- 44 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-8.10%vs 20212021: £1.77M
Total Assets
40.45%vs 20242024: £475.61K
Cash in Bank
213.53%vs 20242024: £114.08K
Total Liabilities
First reported yearEmployees
+2vs 20242024: 42
In 2022, ABS PRECISION LIMITED reported net assets of £1.62M. The same filing shows total assets of £668.01K, cash in bank of £357.66K and total liabilities of £1.24M. Reported headcount was 44 in 2025. Cash in Bank rose from £114.08K in 2024 to £357.66K in 2025 (213.53%). 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
-8.10%from £1.77M in 2021Year-on-year change
Net Assets as filed for 2021–2022. Every figure in this chart is also in the financial history table.
Ratios from the filed figures
Calculated from ABS PRECISION 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
- 58.71%2021
- 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
- 41.29%2021
- 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
- 31.72%2021
- 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
- 53.54%2025
- 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 ABS PRECISION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 1.77M | 1.62M | – | – |
| Total Assets£ | 3.01M | – | 475.61K | 668.01K |
| Cash in Bank£ | 393.81K | 689.38K | 114.08K | 357.66K |
| Total Liabilities£ | 1.24M | – | – | – |
| Employees | 38 | 45 | 42 | 44 |
ABS PRECISION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ABS PRECISION LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
ABS PRECISION LIMITED reported net assets of £1.62M for 2022. That compares with £1.77M in 2021, a change of -8.10%.
ABS PRECISION LIMITED reported total assets of £668.01K for 2025. That compares with £475.61K in 2024, a change of 40.45%.
ABS PRECISION LIMITED reported cash in bank of £357.66K for 2025. That compares with £114.08K in 2024, a change of 213.53%.
ABS PRECISION LIMITED reported 44 employees in 2025, compared with 42 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.