BAILEY FABRICATIONS LIMITED Financials
- Company number
- 03288640CopyCopy
- Registered office
- Office No. 47 Basepoint, Aerodrome Road, Gosport PO13 0FQ
- Incorporated
- 06/12/1996
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-54.85%vs 20232023: £699.10K
Total Assets
-26.21%vs 20232023: £1.37M
Cash in Bank
-95.13%vs 20222022: £541.25K
Total Liabilities
9.43%vs 20232023: £633.34K
Employees
0vs 20232023: 10
In 2024, BAILEY FABRICATIONS LIMITED reported net assets of £315.62K. The same filing shows total assets of £1.01M, cash in bank of £26.35K and total liabilities of £693.07K. Reported headcount was 10 in 2024. Cash in Bank fell from £541.25K in 2022 to £26.35K in 2023 (-95.13%). Okredo holds filed figures for 2021–2024; 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
-54.85%from £699.10K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures BAILEY FABRICATIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-58.5%vs 2022-35.6% a year compound (CAGR)
Total Assets
-21.6%vs 2022-11.4% a year compound (CAGR)
Total Liabilities
+31.8%vs 2022+14.8% a year compound (CAGR)
Employees
-44.4%vs 2022-8Biggest increase
Total Liabilities+31.8%
£525.71K in 2022 to £693.07K in 2024
Biggest decrease
Net Assets-58.5%
£760.11K in 2022 to £315.62K in 2024
BAILEY FABRICATIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BAILEY FABRICATIONS 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
- 31.29%2024
- 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
- 68.71%2024
- 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
- 4.16%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
- 1.93%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 BAILEY FABRICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 281.63K | 760.11K | 699.10K | 315.62K |
| Total Assets£ | 577.36K | 1.29M | 1.37M | 1.01M |
| Cash in Bank£ | 266.10K | 541.25K | 26.35K | – |
| Total Liabilities£ | 295.73K | 525.71K | 633.34K | 693.07K |
| Employees | 19 | 18 | 10 | 10 |
BAILEY FABRICATIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BAILEY FABRICATIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BAILEY FABRICATIONS LIMITED reported net assets of £315.62K for 2024. That compares with £699.10K in 2023, a change of -54.85%.
BAILEY FABRICATIONS LIMITED reported total assets of £1.01M for 2024. That compares with £1.37M in 2023, a change of -26.21%.
BAILEY FABRICATIONS LIMITED reported cash in bank of £26.35K for 2023. That compares with £541.25K in 2022, a change of -95.13%.
BAILEY FABRICATIONS LIMITED reported 10 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, BAILEY FABRICATIONS LIMITED's net assets fell by 58.5%, total assets fell by 21.6%, total liabilities rose by 31.8% and employee numbers fell by 44.4%. Net assets contracted at 35.6% a year across the two years to 2024, from £760.11K to £315.62K. Reported headcount went from 18 in 2022 to 10 in 2024 (-8).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.