BLACKWOOD ENGINEERING LIMITED Financials
- Company number
- 00423178CopyCopy
- Registered office
- Glandwr Industrial Estate, Aberbeeg, Gwent NP13 2LN
- Incorporated
- 07/11/1946
Company snapshot
- Status
- Active
- Employees
- 169 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
75.30%vs 20222022: £5.78M
Total Assets
-13.99%vs 20222022: £42.59M
Cash in Bank
244.04%vs 20222022: £889.35K
Total Liabilities
-23.33%vs 20222022: £34.56M
Employees
+4vs 20222022: 165
In 2023, BLACKWOOD ENGINEERING LIMITED reported net assets of £10.13M. The same filing shows total assets of £36.63M, cash in bank of £3.06M and total liabilities of £26.50M. Reported headcount was 169 in 2023. Total Liabilities fell from £34.56M in 2022 to £26.50M in 2023 (-23.33%). 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
75.30%from £5.78M 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 BLACKWOOD ENGINEERING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+287%vs 2021+96.8% a year compound (CAGR)
Cash in Bank
+240%vs 2021+84.3% a year compound (CAGR)
Total Assets
+62.1%vs 2021+27.3% a year compound (CAGR)
Total Liabilities
+39.9%vs 2021+18.3% a year compound (CAGR)
Employees
+67.3%vs 2021+68Biggest increase
Net Assets+287%
£2.62M in 2021 to £10.13M in 2023
Every indicator Okredo holds for BLACKWOOD ENGINEERING LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BLACKWOOD 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
- 27.66%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
- 72.34%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
- 11.55%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
- 8.35%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 BLACKWOOD 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£ | 2.62M | 5.78M | 10.13M |
| Total Assets£ | 22.60M | 42.59M | 36.63M |
| Cash in Bank£ | 900.75K | 889.35K | 3.06M |
| Total Liabilities£ | 18.94M | 34.56M | 26.50M |
| Employees | 101 | 165 | 169 |
BLACKWOOD ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BLACKWOOD ENGINEERING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
BLACKWOOD ENGINEERING LIMITED reported net assets of £10.13M for 2023. That compares with £5.78M in 2022, a change of 75.30%.
BLACKWOOD ENGINEERING LIMITED reported total assets of £36.63M for 2023. That compares with £42.59M in 2022, a change of -13.99%.
BLACKWOOD ENGINEERING LIMITED reported cash in bank of £3.06M for 2023. That compares with £889.35K in 2022, a change of 244.04%.
BLACKWOOD ENGINEERING LIMITED reported 169 employees in 2023, compared with 165 in 2022.
Between 2021 and 2023, BLACKWOOD ENGINEERING LIMITED's net assets rose by 287%, cash in bank rose by 240%, total assets rose by 62.1% and total liabilities rose by 39.9%. Net assets compounded at 96.8% a year across the two years to 2023, from £2.62M to £10.13M. Reported headcount went from 101 in 2021 to 169 in 2023 (+68).
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.