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FAIRFIELD ENGINEERING LIMITED Financials

Company number
03982608Copy
Copy
Registered office
Rubis House 15 Friarn Street, Bridgwater, Somerset TA6 3LH
Incorporated
28/04/2000

Company snapshot

Status
Active
Employees
2 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£41.92K2025
-44.81%vs 2024

2024: £75.95K

Total Assets

£118.89K2025
-23.07%vs 2024

2024: £154.54K

Cash in Bank

£62.19K2022
-21.09%vs 2021

2021: £78.81K

Total Liabilities

£76.98K2025
-2.05%vs 2024

2024: £78.59K

Employees

22025
-1vs 2024

2024: 3

In 2025, FAIRFIELD ENGINEERING LIMITED reported net assets of £41.92K. The same filing shows total assets of £118.89K, cash in bank of £62.19K and total liabilities of £76.98K. Reported headcount was 2 in 2025. Total Assets fell from £154.54K in 2024 to £118.89K in 2025 (-23.07%). Okredo holds filed figures for 2021–2025; 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

£41.92K2025
-44.81%from £75.95K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures FAIRFIELD ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£82.19K2023£41.92K2025
-49%vs 2023

-28.6% a year compound (CAGR)

Total Assets

£139.40K2023£118.89K2025
-14.7%vs 2023

-7.6% a year compound (CAGR)

Total Liabilities

£57.21K2023£76.98K2025
+34.5%vs 2023

+16% a year compound (CAGR)

Employees

3202322025
-33.3%vs 2023-1

Biggest increase

Total Liabilities+34.5%

£57.21K in 2023 to £76.98K in 2025

Biggest decrease

Net Assets-49%

£82.19K in 2023 to £41.92K in 2025

FAIRFIELD ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FAIRFIELD 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
35.26%2025
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
64.74%2025
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
91.49%2021
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
42.11%2021
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 FAIRFIELD ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£101.04K93.77K82.19K75.95K41.92K
Total Assets£187.18K–139.40K154.54K118.89K
Cash in Bank£78.81K62.19K–––
Total Liabilities£86.14K–57.21K78.59K76.98K
Employees65332

FAIRFIELD ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FAIRFIELD ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

FAIRFIELD ENGINEERING LIMITED reported net assets of £41.92K for 2025. That compares with £75.95K in 2024, a change of -44.81%.

FAIRFIELD ENGINEERING LIMITED reported total assets of £118.89K for 2025. That compares with £154.54K in 2024, a change of -23.07%.

FAIRFIELD ENGINEERING LIMITED reported cash in bank of £62.19K for 2022. That compares with £78.81K in 2021, a change of -21.09%.

FAIRFIELD ENGINEERING LIMITED reported 2 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, FAIRFIELD ENGINEERING LIMITED's net assets fell by 49%, total assets fell by 14.7%, total liabilities rose by 34.5% and employee numbers fell by 33.3%. Net assets contracted at 28.6% a year across the two years to 2025, from £82.19K to £41.92K. Reported headcount went from 3 in 2023 to 2 in 2025 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.