EXCITATION & ENGINEERING SERVICES LIMITED Financials
- Company number
- 07529523Copy
Copy - Registered office
- 2 Amber Business Village, Amber Close, Tamworth B77 4RP
- Incorporated
- 15/02/2011
Company snapshot
- Status
- Active
- Employees
- 20 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-9.02%vs 20232023: £1.56M
Total Assets
-12.71%vs 20232023: £2.71M
Cash in Bank
50.94%vs 20232023: £556.56K
Total Liabilities
-34.07%vs 20232023: £588.47K
Employees
+3vs 20232023: 17
In 2024, EXCITATION & ENGINEERING SERVICES LIMITED reported net assets of £1.42M. The same filing shows total assets of £2.36M, cash in bank of £840.09K and total liabilities of £387.95K. Reported headcount was 20 in 2024. Total Assets fell from £2.71M in 2023 to £2.36M in 2024 (-12.71%). 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
-9.02%from £1.56M 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 EXCITATION & ENGINEERING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-2.4%vs 2022-1.2% a year compound (CAGR)
Cash in Bank
-7.3%vs 2022-3.7% a year compound (CAGR)
Total Assets
+10.8%vs 2022+5.2% a year compound (CAGR)
Total Liabilities
-15%vs 2022-7.8% a year compound (CAGR)
Employees
+53.8%vs 2022+7Biggest increase
Employees+53.8%
13 in 2022 to 20 in 2024
Biggest decrease
Total Liabilities-15%
£456.26K in 2022 to £387.95K in 2024
EXCITATION & ENGINEERING SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 EXCITATION & ENGINEERING SERVICES 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
- 60.11%2024
- Liabilities to total assets
- 16.42%2024
- Cash to liabilities
- 216.55%2024
- Cash to total assets
- 35.56%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 EXCITATION & ENGINEERING SERVICES 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£ | 1.16M | 1.45M | 1.56M | 1.42M |
| Total Assets£ | 1.56M | 2.13M | 2.71M | 2.36M |
| Cash in Bank£ | 871.35K | 905.92K | 556.56K | 840.09K |
| Total Liabilities£ | 170.76K | 456.26K | 588.47K | 387.95K |
| Employees | 14 | 13 | 17 | 20 |
EXCITATION & ENGINEERING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has EXCITATION & ENGINEERING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for EXCITATION & ENGINEERING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did EXCITATION & ENGINEERING SERVICES LIMITED report in 2024?
EXCITATION & ENGINEERING SERVICES LIMITED reported net assets of £1.42M for 2024. That compares with £1.56M in 2023, a change of -9.02%.
What total assets did EXCITATION & ENGINEERING SERVICES LIMITED report in 2024?
EXCITATION & ENGINEERING SERVICES LIMITED reported total assets of £2.36M for 2024. That compares with £2.71M in 2023, a change of -12.71%.
What cash in bank did EXCITATION & ENGINEERING SERVICES LIMITED report in 2024?
EXCITATION & ENGINEERING SERVICES LIMITED reported cash in bank of £840.09K for 2024. That compares with £556.56K in 2023, a change of 50.94%.
How many people does EXCITATION & ENGINEERING SERVICES LIMITED employ?
EXCITATION & ENGINEERING SERVICES LIMITED reported 20 employees in 2024, compared with 17 in 2023.
How have EXCITATION & ENGINEERING SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, EXCITATION & ENGINEERING SERVICES LIMITED's net assets fell by 2.4%, cash in bank fell by 7.3%, total assets rose by 10.8% and total liabilities fell by 15%. Net assets contracted at 1.2% a year across the two years to 2024, from £1.45M to £1.42M. Reported headcount went from 13 in 2022 to 20 in 2024 (+7).
Which years of EXCITATION & ENGINEERING SERVICES 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.