EDAG ENGINEERING LIMITED Financials
- Company number
- 02447431Copy
Copy - Registered office
- 1 Spencer Yard, Spencer Street, Leamington Spa, Warwickshire CV31 3NE
- Incorporated
- 29/11/1989
Company snapshot
- Status
- Active
- Employees
- 19 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.43K%vs 20232023: £13.85K
Total Assets
0.23%vs 20232023: £1.24M
Cash in Bank
53.70%vs 20232023: £430.69K
Total Liabilities
17.28%vs 20232023: £1.19M
Employees
-13vs 20232023: 32
In 2024, EDAG ENGINEERING LIMITED reported net assets of £-184.08K. The same filing shows total assets of £1.24M, cash in bank of £661.96K and total liabilities of £1.39M. Reported headcount was 19 in 2024. Cash in Bank rose from £430.69K in 2023 to £661.96K in 2024 (53.70%). 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
-1.43K%from £13.85K 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 EDAG ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+55.4%vs 2022+24.7% a year compound (CAGR)
Total Assets
-15.9%vs 2022-8.3% a year compound (CAGR)
Total Liabilities
-15.5%vs 2022-8.1% a year compound (CAGR)
Employees
-40.6%vs 2022-13Biggest increase
Cash in Bank+55.4%
£425.93K in 2022 to £661.96K in 2024
Biggest decrease
Employees-40.6%
32 in 2022 to 19 in 2024
EDAG ENGINEERING LIMITED'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EDAG 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
- -14.83%2024
- Liabilities to total assets
- 112.21%2024
- Cash to liabilities
- 47.53%2024
- Cash to total assets
- 53.33%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 EDAG 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£ | -464.35K | -224.46K | 13.85K | -184.08K |
| Total Assets£ | 1.90M | 1.48M | 1.24M | 1.24M |
| Cash in Bank£ | 1.34M | 425.93K | 430.69K | 661.96K |
| Total Liabilities£ | 2.36M | 1.65M | 1.19M | 1.39M |
| Employees | 27 | 32 | 32 | 19 |
EDAG ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has EDAG ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for EDAG ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did EDAG ENGINEERING LIMITED report in 2024?
EDAG ENGINEERING LIMITED reported net assets of £-184.08K for 2024. That compares with £13.85K in 2023, a change of -1.43K%.
What total assets did EDAG ENGINEERING LIMITED report in 2024?
EDAG ENGINEERING LIMITED reported total assets of £1.24M for 2024. That compares with £1.24M in 2023, a change of 0.23%.
What cash in bank did EDAG ENGINEERING LIMITED report in 2024?
EDAG ENGINEERING LIMITED reported cash in bank of £661.96K for 2024. That compares with £430.69K in 2023, a change of 53.70%.
How many people does EDAG ENGINEERING LIMITED employ?
EDAG ENGINEERING LIMITED reported 19 employees in 2024, compared with 32 in 2023.
How have EDAG ENGINEERING LIMITED financials changed over the last 3 years?
Between 2022 and 2024, EDAG ENGINEERING LIMITED's cash in bank rose by 55.4%, total assets fell by 15.9%, total liabilities fell by 15.5% and employee numbers fell by 40.6%. Cash in bank compounded at 24.7% a year across the two years to 2024, from £425.93K to £661.96K. Reported headcount went from 32 in 2022 to 19 in 2024 (-13).
Which years of EDAG ENGINEERING LIMITED financial data are available?
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.