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BSP ENGINEERING SERVICES (UK) LTD Financials

Company number
07826616Copy
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Registered office
Unit 8 S Chalk Lane, Snetterton, Norwich, Norfolk NR16 2JZ
Incorporated
27/10/2011

Company snapshot

Status
Active
Employees
21 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£1.56M2024
-1.86%vs 2023

2023: £1.59M

Total Assets

£4.56M2024
-10.73%vs 2023

2023: £5.11M

Cash in Bank

£32.002024
300.00%vs 2023

2023: £8.00

Total Liabilities

£2.78M2024
-14.12%vs 2023

2023: £3.24M

Employees

212024
0vs 2023

2023: 21

In 2024, BSP ENGINEERING SERVICES (UK) LTD reported net assets of £1.56M. The same filing shows total assets of £4.56M, cash in bank of £32.00 and total liabilities of £2.78M. Reported headcount was 21 in 2024. Total Assets fell from £5.11M in 2023 to £4.56M in 2024 (-10.73%). 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

£1.56M2024
-1.86%from £1.59M 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 BSP ENGINEERING SERVICES (UK) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.38M2022£1.56M2024
+12.5%vs 2022

+6.1% a year compound (CAGR)

Cash in Bank

£29.85K2022£32.002024
-99.9%vs 2022

-96.7% a year compound (CAGR)

Total Assets

£4.21M2022£4.56M2024
+8.3%vs 2022

+4.1% a year compound (CAGR)

Total Liabilities

£2.51M2022£2.78M2024
+10.8%vs 2022

+5.3% a year compound (CAGR)

Employees

192022212024
+10.5%vs 2022+2

Biggest increase

Net Assets+12.5%

£1.38M in 2022 to £1.56M in 2024

Biggest decrease

Cash in Bank-99.9%

£29.85K in 2022 to £32.00 in 2024

BSP ENGINEERING SERVICES (UK) LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BSP ENGINEERING SERVICES (UK) 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
34.15%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
61.01%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for BSP ENGINEERING SERVICES (UK) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.23M1.38M1.59M1.56M
Total Assets£3.36M4.21M5.11M4.56M
Cash in Bank£159.87K29.85K8.0032.00
Total Liabilities£2.00M2.51M3.24M2.78M
Employees16192121

BSP ENGINEERING SERVICES (UK) LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has BSP ENGINEERING SERVICES (UK) LTD filed financial statements?

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Yes. Okredo holds filed figures for BSP ENGINEERING SERVICES (UK) LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did BSP ENGINEERING SERVICES (UK) LTD report in 2024?

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BSP ENGINEERING SERVICES (UK) LTD reported net assets of £1.56M for 2024. That compares with £1.59M in 2023, a change of -1.86%.

What total assets did BSP ENGINEERING SERVICES (UK) LTD report in 2024?

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BSP ENGINEERING SERVICES (UK) LTD reported total assets of £4.56M for 2024. That compares with £5.11M in 2023, a change of -10.73%.

What cash in bank did BSP ENGINEERING SERVICES (UK) LTD report in 2024?

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BSP ENGINEERING SERVICES (UK) LTD reported cash in bank of £32.00 for 2024. That compares with £8.00 in 2023, a change of 300.00%.

How many people does BSP ENGINEERING SERVICES (UK) LTD employ?

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BSP ENGINEERING SERVICES (UK) LTD reported 21 employees in 2024, compared with 21 in 2023.

How have BSP ENGINEERING SERVICES (UK) LTD financials changed over the last 3 years?

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Between 2022 and 2024, BSP ENGINEERING SERVICES (UK) LTD's net assets rose by 12.5%, cash in bank fell by 99.9%, total assets rose by 8.3% and total liabilities rose by 10.8%. Net assets compounded at 6.1% a year across the two years to 2024, from £1.38M to £1.56M. Reported headcount went from 19 in 2022 to 21 in 2024 (+2).

Which years of BSP ENGINEERING SERVICES (UK) LTD financial data are available?

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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.