ENGSOLVE LIMITED Financials
- Company number
- 05960069Copy
Copy - Registered office
- Unit 3/3a Garth Drive, Brackla Industrial Estate, Bridgend CF31 2AQ
- Incorporated
- 09/10/2006
Company snapshot
- Status
- Active
- Employees
- 8 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
105.40%vs 20222022: £287.40K
Total Assets
77.00%vs 20222022: £410.09K
Cash in Bank
First reported yearTotal Liabilities
10.49%vs 20222022: £122.69K
Employees
0vs 20222022: 8
In 2023, ENGSOLVE LIMITED reported net assets of £590.31K. The same filing shows total assets of £725.87K, cash in bank of £570.69K and total liabilities of £135.56K. Reported headcount was 8 in 2023. Total Assets rose from £410.09K in 2022 to £725.87K in 2023 (77.00%). 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
105.40%from £287.40K 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 ENGSOLVE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+513%vs 2021+148% a year compound (CAGR)
Total Assets
+189%vs 2021+70% a year compound (CAGR)
Total Liabilities
-12.5%vs 2021-6.5% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+513%
£96.24K in 2021 to £590.31K in 2023
Biggest decrease
Total Liabilities-12.5%
£154.92K in 2021 to £135.56K in 2023
ENGSOLVE LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 ENGSOLVE 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
- 81.32%2023
- Liabilities to total assets
- 18.68%2023
- Cash to liabilities
- 420.98%2023
- Cash to total assets
- 78.62%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.
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 ENGSOLVE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 96.24K | 287.40K | 590.31K |
| Total Assets£ | 251.17K | 410.09K | 725.87K |
| Cash in Bank£ | – | – | 570.69K |
| Total Liabilities£ | 154.92K | 122.69K | 135.56K |
| Employees | 8 | 8 | 8 |
ENGSOLVE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ENGSOLVE LIMITED filed financial statements?
Yes. Okredo holds filed figures for ENGSOLVE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did ENGSOLVE LIMITED report in 2023?
ENGSOLVE LIMITED reported net assets of £590.31K for 2023. That compares with £287.40K in 2022, a change of 105.40%.
What total assets did ENGSOLVE LIMITED report in 2023?
ENGSOLVE LIMITED reported total assets of £725.87K for 2023. That compares with £410.09K in 2022, a change of 77.00%.
What cash in bank did ENGSOLVE LIMITED report in 2023?
ENGSOLVE LIMITED reported cash in bank of £570.69K for 2023. There is no earlier filing to compare it against.
How many people does ENGSOLVE LIMITED employ?
ENGSOLVE LIMITED reported 8 employees in 2023, compared with 8 in 2022.
How have ENGSOLVE LIMITED financials changed over the last 3 years?
Between 2021 and 2023, ENGSOLVE LIMITED's net assets rose by 513%, total assets rose by 189%, total liabilities fell by 12.5% and employee numbers was unchanged. Net assets compounded at 148% a year across the two years to 2023, from £96.24K to £590.31K. Reported headcount went from 8 in 2021 to 8 in 2023.
Which years of ENGSOLVE LIMITED financial data are available?
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.