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AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED Financials

Company number
05109687Copy
Copy
Registered office
Met Cal House, Fisher Street, Newcastle Upon Tyne NE6 4LT
Incorporated
22/04/2004

Company snapshot

Status
Active
Employees
8 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£375.84K2023
0.55%vs 2022

2022: £373.77K

Total Assets

£427.89K2021
First reported year

Cash in Bank

£217.98K2023
88.09%vs 2022

2022: £115.89K

Total Liabilities

£42.03K2021
First reported year

Employees

82023
0vs 2022

2022: 8

In 2023, AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED reported net assets of £375.84K. The same filing shows total assets of £427.89K, cash in bank of £217.98K and total liabilities of £42.03K. Reported headcount was 8 in 2023. Cash in Bank rose from £115.89K in 2022 to £217.98K in 2023 (88.09%). 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

£375.84K2023
0.55%from £373.77K in 2022

Year-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 AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£316.74K2021£375.84K2023
+18.7%vs 2021

+8.9% a year compound (CAGR)

Cash in Bank

£189.78K2021£217.98K2023
+14.9%vs 2021

+7.2% a year compound (CAGR)

Employees

11202182023
-27.3%vs 2021-3

Biggest increase

Net Assets+18.7%

£316.74K in 2021 to £375.84K in 2023

Biggest decrease

Employees-27.3%

11 in 2021 to 8 in 2023

AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION 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
74.02%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
9.82%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
451.51%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
44.35%2021
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 AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£316.74K373.77K375.84K
Total Assets£427.89K––
Cash in Bank£189.78K115.89K217.98K
Total Liabilities£42.03K––
Employees1188

AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED reported net assets of £375.84K for 2023. That compares with £373.77K in 2022, a change of 0.55%.

AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED reported total assets of £427.89K for 2021. There is no earlier filing to compare it against.

AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED reported cash in bank of £217.98K for 2023. That compares with £115.89K in 2022, a change of 88.09%.

AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED reported 8 employees in 2023, compared with 8 in 2022.

Between 2021 and 2023, AEROSPACE METROLOGY & ELECTROMECHANICAL CALIBRATION LIMITED's net assets rose by 18.7%, cash in bank rose by 14.9% and employee numbers fell by 27.3%. Net assets compounded at 8.9% a year across the two years to 2023, from £316.74K to £375.84K. Reported headcount went from 11 in 2021 to 8 in 2023 (-3).

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.