CNC DIRECT ENGINEERING LTD Financials
- Company number
- 07116024CopyCopy
- Registered office
- Park House, 37 Clarence Street, Leicester, Leicestershire LE1 3RW
- Incorporated
- 05/01/2010
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
-10.83%vs 20232023: £697.06K
Total Assets
-21.31%vs 20232023: £1.81M
Cash in Bank
24.82%vs 20232023: £258.19K
Total Liabilities
-29.16%vs 20232023: £887.50K
Employees
0vs 20232023: 21
In 2024, CNC DIRECT ENGINEERING LTD reported net assets of £621.57K. The same filing shows total assets of £1.42M, cash in bank of £322.28K and total liabilities of £628.70K. Reported headcount was 21 in 2024. Total Assets fell from £1.81M in 2023 to £1.42M in 2024 (-21.31%). 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
-10.83%from £697.06K 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 CNC DIRECT ENGINEERING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-5.3%vs 2022-2.7% a year compound (CAGR)
Cash in Bank
+124%vs 2022+49.6% a year compound (CAGR)
Total Assets
-36.3%vs 2022-20.2% a year compound (CAGR)
Total Liabilities
-51.2%vs 2022-30.2% a year compound (CAGR)
Employees
+5%vs 2022+1Biggest increase
Cash in Bank+124%
£144.08K in 2022 to £322.28K in 2024
Biggest decrease
Total Liabilities-51.2%
£1.29M in 2022 to £628.70K in 2024
CNC DIRECT ENGINEERING 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CNC DIRECT ENGINEERING 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
- 43.70%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
- 44.20%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
- 51.26%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
- 22.66%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 CNC DIRECT ENGINEERING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 628.34K | 656.15K | 697.06K | 621.57K |
| Total Assets£ | 1.80M | 2.23M | 1.81M | 1.42M |
| Cash in Bank£ | 122.13K | 144.08K | 258.19K | 322.28K |
| Total Liabilities£ | 988.85K | 1.29M | 887.50K | 628.70K |
| Employees | 18 | 20 | 21 | 21 |
CNC DIRECT ENGINEERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CNC DIRECT ENGINEERING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CNC DIRECT ENGINEERING LTD reported net assets of £621.57K for 2024. That compares with £697.06K in 2023, a change of -10.83%.
CNC DIRECT ENGINEERING LTD reported total assets of £1.42M for 2024. That compares with £1.81M in 2023, a change of -21.31%.
CNC DIRECT ENGINEERING LTD reported cash in bank of £322.28K for 2024. That compares with £258.19K in 2023, a change of 24.82%.
CNC DIRECT ENGINEERING LTD reported 21 employees in 2024, compared with 21 in 2023.
Between 2022 and 2024, CNC DIRECT ENGINEERING LTD's net assets fell by 5.3%, cash in bank rose by 124%, total assets fell by 36.3% and total liabilities fell by 51.2%. Net assets contracted at 2.7% a year across the two years to 2024, from £656.15K to £621.57K. Reported headcount went from 20 in 2022 to 21 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.