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BL PRECISION LTD Financials

Company number
03914356Copy
Copy
Registered office
Unit 6&7 Focal Point, Lacerta Court, Letchworth Garden City, Hertfordshire SG6 1FJ
Incorporated
27/01/2000

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.33M2024
17.78%vs 2023

2023: £1.13M

Total Assets

£1.58M2024
22.41%vs 2023

2023: £1.29M

Cash in Bank

£1.31M2024
22.93%vs 2023

2023: £1.07M

Total Liabilities

£256.00K2024
53.70%vs 2023

2023: £166.56K

Employees

42024
-1vs 2023

2023: 5

In 2024, BL PRECISION LTD reported net assets of £1.33M. The same filing shows total assets of £1.58M, cash in bank of £1.31M and total liabilities of £256.00K. Reported headcount was 4 in 2024. Total Assets rose from £1.29M in 2023 to £1.58M in 2024 (22.41%). 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

£1.33M2024
17.78%from £1.13M in 2023

Year-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 BL PRECISION LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.09M2022£1.33M2024
+22%vs 2022

+10.4% a year compound (CAGR)

Cash in Bank

£935.63K2022£1.31M2024
+40.1%vs 2022

+18.4% a year compound (CAGR)

Total Assets

£1.29M2022£1.58M2024
+22.8%vs 2022

+10.8% a year compound (CAGR)

Total Liabilities

£200.75K2022£256.00K2024
+27.5%vs 2022

+12.9% a year compound (CAGR)

Employees

5202242024
-20%vs 2022-1

Biggest increase

Cash in Bank+40.1%

£935.63K in 2022 to £1.31M in 2024

Biggest decrease

Employees-20%

5 in 2022 to 4 in 2024

BL PRECISION LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 BL PRECISION LTD'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
83.83%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
16.17%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
512.02%2024
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
82.80%2024
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 BL PRECISION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.09M1.09M1.13M1.33M
Total Assets£1.26M1.29M1.29M1.58M
Cash in Bank£998.57K935.63K1.07M1.31M
Total Liabilities£170.12K200.75K166.56K256.00K
Employees4554

BL PRECISION LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for BL PRECISION LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

BL PRECISION LTD reported net assets of £1.33M for 2024. That compares with £1.13M in 2023, a change of 17.78%.

BL PRECISION LTD reported total assets of £1.58M for 2024. That compares with £1.29M in 2023, a change of 22.41%.

BL PRECISION LTD reported cash in bank of £1.31M for 2024. That compares with £1.07M in 2023, a change of 22.93%.

BL PRECISION LTD reported 4 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, BL PRECISION LTD's net assets rose by 22%, cash in bank rose by 40.1%, total assets rose by 22.8% and total liabilities rose by 27.5%. Net assets compounded at 10.4% a year across the two years to 2024, from £1.09M to £1.33M. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).

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.