CONCURRENT ENGINEERING LIMITED Financials
- Company number
- 02671990CopyCopy
- Registered office
- Ts4 Pinewood Business Park Coleshill Road, Marston Green, Birmingham, West Midlands B37 7HG
- Incorporated
- 17/12/1991
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.37%vs 20232023: £1.02M
Total Assets
-7.00%vs 20232023: £4.19M
Cash in Bank
1.65%vs 20232023: £1.14M
Total Liabilities
-9.29%vs 20232023: £3.15M
Employees
+3vs 20232023: 20
In 2024, CONCURRENT ENGINEERING LIMITED reported net assets of £1.02M. The same filing shows total assets of £3.90M, cash in bank of £1.16M and total liabilities of £2.86M. Reported headcount was 23 in 2024. Total Assets fell from £4.19M in 2023 to £3.90M in 2024 (-7.00%). 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
0.37%from £1.02M 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 CONCURRENT ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+66.6%vs 2022+29.1% a year compound (CAGR)
Cash in Bank
+66.7%vs 2022+29.1% a year compound (CAGR)
Total Assets
+16.3%vs 2022+7.8% a year compound (CAGR)
Total Liabilities
+5.1%vs 2022+2.5% a year compound (CAGR)
Employees
+43.8%vs 2022+7Biggest increase
Cash in Bank+66.7%
£694.23K in 2022 to £1.16M in 2024
Every indicator Okredo holds for CONCURRENT ENGINEERING LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CONCURRENT 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
- 26.21%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
- 73.38%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
- 40.47%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
- 29.70%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 CONCURRENT ENGINEERING 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£ | 437.84K | 613.08K | 1.02M | 1.02M |
| Total Assets£ | 3.11M | 3.35M | 4.19M | 3.90M |
| Cash in Bank£ | 593.75K | 694.23K | 1.14M | 1.16M |
| Total Liabilities£ | 2.65M | 2.72M | 3.15M | 2.86M |
| Employees | 16 | 16 | 20 | 23 |
CONCURRENT ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CONCURRENT ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CONCURRENT ENGINEERING LIMITED reported net assets of £1.02M for 2024. That compares with £1.02M in 2023, a change of 0.37%.
CONCURRENT ENGINEERING LIMITED reported total assets of £3.90M for 2024. That compares with £4.19M in 2023, a change of -7.00%.
CONCURRENT ENGINEERING LIMITED reported cash in bank of £1.16M for 2024. That compares with £1.14M in 2023, a change of 1.65%.
CONCURRENT ENGINEERING LIMITED reported 23 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, CONCURRENT ENGINEERING LIMITED's net assets rose by 66.6%, cash in bank rose by 66.7%, total assets rose by 16.3% and total liabilities rose by 5.1%. Net assets compounded at 29.1% a year across the two years to 2024, from £613.08K to £1.02M. Reported headcount went from 16 in 2022 to 23 in 2024 (+7).
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.