ACCORD ENGINEERING LIMITED Financials
- Company number
- 04727167CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Richmond House, Walkern Road, Stevenage, Hertfordshire SG1 3QP
- Incorporated
- 08/04/2003
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
30.41%vs 20222022: £649.61K
Total Assets
3.65%vs 20222022: £2.44M
Cash in Bank
1.49K%vs 20222022: £8.14K
Total Liabilities
-7.32%vs 20222022: £1.06M
Employees
+1vs 20222022: 11
In 2023, ACCORD ENGINEERING LIMITED reported net assets of £847.17K. The same filing shows total assets of £2.53M, cash in bank of £129.16K and total liabilities of £986.97K. Reported headcount was 12 in 2023. Net Assets rose from £649.61K in 2022 to £847.17K in 2023 (30.41%). 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
30.41%from £649.61K 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 ACCORD ENGINEERING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+77.8%vs 2021+33.3% a year compound (CAGR)
Cash in Bank
+205%vs 2021+74.6% a year compound (CAGR)
Total Assets
+80.6%vs 2021+34.4% a year compound (CAGR)
Total Liabilities
+7%vs 2021+3.4% a year compound (CAGR)
Employees
+20%vs 2021+2Biggest increase
Cash in Bank+205%
£42.37K in 2021 to £129.16K in 2023
Every indicator Okredo holds for ACCORD ENGINEERING LIMITED rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ACCORD ENGINEERING 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
- 33.53%2023
- 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
- 39.07%2023
- 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
- 13.09%2023
- 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
- 5.11%2023
- 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 ACCORD ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 476.49K | 649.61K | 847.17K |
| Total Assets£ | 1.40M | 2.44M | 2.53M |
| Cash in Bank£ | 42.37K | 8.14K | 129.16K |
| Total Liabilities£ | 922.77K | 1.06M | 986.97K |
| Employees | 10 | 11 | 12 |
ACCORD ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ACCORD ENGINEERING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
ACCORD ENGINEERING LIMITED reported net assets of £847.17K for 2023. That compares with £649.61K in 2022, a change of 30.41%.
ACCORD ENGINEERING LIMITED reported total assets of £2.53M for 2023. That compares with £2.44M in 2022, a change of 3.65%.
ACCORD ENGINEERING LIMITED reported cash in bank of £129.16K for 2023. That compares with £8.14K in 2022, a change of 1.49K%.
ACCORD ENGINEERING LIMITED reported 12 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, ACCORD ENGINEERING LIMITED's net assets rose by 77.8%, cash in bank rose by 205%, total assets rose by 80.6% and total liabilities rose by 7%. Net assets compounded at 33.3% a year across the two years to 2023, from £476.49K to £847.17K. Reported headcount went from 10 in 2021 to 12 in 2023 (+2).
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.