FINE LINE SHEET METAL ENGINEERING LIMITED Financials
- Company number
- 02246447CopyCopy
- Registered office
- 5 Springwood Drive, Springwood Industrial Estate, Braintree, Essex CM7 2YN
- Incorporated
- 20/04/1988
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.31%vs 20232023: £1.16M
Total Assets
-3.78%vs 20232023: £1.87M
Cash in Bank
6.23%vs 20232023: £864.18K
Total Liabilities
-4.55%vs 20232023: £715.80K
Employees
-2vs 20232023: 26
In 2024, FINE LINE SHEET METAL ENGINEERING LIMITED reported net assets of £1.12M. The same filing shows total assets of £1.80M, cash in bank of £918.01K and total liabilities of £683.21K. Reported headcount was 24 in 2024. Total Assets fell from £1.87M in 2023 to £1.80M in 2024 (-3.78%). 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
-3.31%from £1.16M 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 FINE LINE SHEET METAL ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1.5%vs 2022+0.7% a year compound (CAGR)
Cash in Bank
+20.4%vs 2022+9.7% a year compound (CAGR)
Total Assets
-10.9%vs 2022-5.6% a year compound (CAGR)
Total Liabilities
-25.6%vs 2022-13.8% a year compound (CAGR)
Employees
-4%vs 2022-1Biggest increase
Cash in Bank+20.4%
£762.56K in 2022 to £918.01K in 2024
Biggest decrease
Total Liabilities-25.6%
£918.71K in 2022 to £683.21K in 2024
FINE LINE SHEET METAL 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FINE LINE SHEET METAL 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
- 62.07%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.
- Liabilities to total assets
- 37.93%2024
- 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
- 134.37%2024
- 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
- 50.96%2024
- 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 FINE LINE SHEET METAL 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£ | 979.95K | 1.10M | 1.16M | 1.12M |
| Total Assets£ | 2.18M | 2.02M | 1.87M | 1.80M |
| Cash in Bank£ | 1.00M | 762.56K | 864.18K | 918.01K |
| Total Liabilities£ | 1.20M | 918.71K | 715.80K | 683.21K |
| Employees | 27 | 25 | 26 | 24 |
FINE LINE SHEET METAL ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FINE LINE SHEET METAL ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FINE LINE SHEET METAL ENGINEERING LIMITED reported net assets of £1.12M for 2024. That compares with £1.16M in 2023, a change of -3.31%.
FINE LINE SHEET METAL ENGINEERING LIMITED reported total assets of £1.80M for 2024. That compares with £1.87M in 2023, a change of -3.78%.
FINE LINE SHEET METAL ENGINEERING LIMITED reported cash in bank of £918.01K for 2024. That compares with £864.18K in 2023, a change of 6.23%.
FINE LINE SHEET METAL ENGINEERING LIMITED reported 24 employees in 2024, compared with 26 in 2023.
Between 2022 and 2024, FINE LINE SHEET METAL ENGINEERING LIMITED's net assets rose by 1.5%, cash in bank rose by 20.4%, total assets fell by 10.9% and total liabilities fell by 25.6%. Net assets compounded at 0.7% a year across the two years to 2024, from £1.10M to £1.12M. Reported headcount went from 25 in 2022 to 24 in 2024 (-1).
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.