EARNEST MACHINE PRODUCTS COMPANY LTD Financials
- Company number
- 03893042CopyCopy
- Registered office
- Unit3a Millbuck Industrial Estate, Shaw Road, Wolverhampton, West Midlands WV10 9LA
- Incorporated
- 13/12/1999
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
17.77%vs 20222022: £390.49K
Total Assets
8.78%vs 20222022: £974.95K
Cash in Bank
98.77%vs 20222022: £43.01K
Total Liabilities
1.95%vs 20222022: £568.34K
Employees
0vs 20222022: 12
In 2023, EARNEST MACHINE PRODUCTS COMPANY LTD reported net assets of £459.88K. The same filing shows total assets of £1.06M, cash in bank of £85.50K and total liabilities of £579.45K. Reported headcount was 12 in 2023. Total Assets rose from £974.95K in 2022 to £1.06M in 2023 (8.78%). 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
17.77%from £390.49K 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 EARNEST MACHINE PRODUCTS COMPANY LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+11.4%vs 2021+5.5% a year compound (CAGR)
Cash in Bank
+15%vs 2021+7.2% a year compound (CAGR)
Total Assets
+29.9%vs 2021+14% a year compound (CAGR)
Total Liabilities
+51.6%vs 2021+23.1% a year compound (CAGR)
Employees
+9.1%vs 2021+1Biggest increase
Total Liabilities+51.6%
£382.32K in 2021 to £579.45K in 2023
Every indicator Okredo holds for EARNEST MACHINE PRODUCTS COMPANY LTD rose between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EARNEST MACHINE PRODUCTS COMPANY 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
- 43.36%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
- 54.64%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
- 14.75%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
- 8.06%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 EARNEST MACHINE PRODUCTS COMPANY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 412.86K | 390.49K | 459.88K |
| Total Assets£ | 816.47K | 974.95K | 1.06M |
| Cash in Bank£ | 74.38K | 43.01K | 85.50K |
| Total Liabilities£ | 382.32K | 568.34K | 579.45K |
| Employees | 11 | 12 | 12 |
EARNEST MACHINE PRODUCTS COMPANY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EARNEST MACHINE PRODUCTS COMPANY LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
EARNEST MACHINE PRODUCTS COMPANY LTD reported net assets of £459.88K for 2023. That compares with £390.49K in 2022, a change of 17.77%.
EARNEST MACHINE PRODUCTS COMPANY LTD reported total assets of £1.06M for 2023. That compares with £974.95K in 2022, a change of 8.78%.
EARNEST MACHINE PRODUCTS COMPANY LTD reported cash in bank of £85.50K for 2023. That compares with £43.01K in 2022, a change of 98.77%.
EARNEST MACHINE PRODUCTS COMPANY LTD reported 12 employees in 2023, compared with 12 in 2022.
Between 2021 and 2023, EARNEST MACHINE PRODUCTS COMPANY LTD's net assets rose by 11.4%, cash in bank rose by 15%, total assets rose by 29.9% and total liabilities rose by 51.6%. Net assets compounded at 5.5% a year across the two years to 2023, from £412.86K to £459.88K. Reported headcount went from 11 in 2021 to 12 in 2023 (+1).
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.