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GOODTURN ENGINEERING LIMITED Financials

Company number
04095566Copy
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Registered office
Unit 2 Brook Street, Redditch, Worcestershire B98 8NG
Incorporated
24/10/2000

Company snapshot

Status
Active
Employees
0 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£162.04K2025
0.33%vs 2024

2024: £161.50K

Total Assets

£828.53K2025
75.43%vs 2024

2024: £472.29K

Cash in Bank

£85.07K2025
-56.44%vs 2024

2024: £195.29K

Total Liabilities

£666.49K2025
114.45%vs 2024

2024: £310.79K

Employees

02025
0vs 2024

2024: 0

In 2025, GOODTURN ENGINEERING LIMITED reported net assets of £162.04K. The same filing shows total assets of £828.53K, cash in bank of £85.07K and total liabilities of £666.49K. Reported headcount was 0 in 2025. Total Assets rose from £472.29K in 2024 to £828.53K in 2025 (75.43%). 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

£162.04K2025
0.33%from £161.50K 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 GOODTURN ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£160.93K2023£162.04K2025
+0.7%vs 2023

+0.3% a year compound (CAGR)

Cash in Bank

£78.84K2023£85.07K2025
+7.9%vs 2023

+3.9% a year compound (CAGR)

Total Assets

£407.04K2023£828.53K2025
+104%vs 2023

+42.7% a year compound (CAGR)

Total Liabilities

£246.11K2023£666.49K2025
+171%vs 2023

+64.6% a year compound (CAGR)

Employees

7202302025
-100%vs 2023-7

Biggest increase

Total Liabilities+171%

£246.11K in 2023 to £666.49K in 2025

Biggest decrease

Employees-100%

7 in 2023 to 0 in 2025

GOODTURN 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GOODTURN 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
19.56%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
80.44%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
12.76%2025

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
10.27%2025

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 GOODTURN ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£115.47K115.94K160.93K161.50K162.04K
Total Assets£400.68K383.58K407.04K472.29K828.53K
Cash in Bank£61.52K87.50K78.84K195.29K85.07K
Total Liabilities£285.22K267.65K246.11K310.79K666.49K
Employees78700

GOODTURN ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has GOODTURN ENGINEERING LIMITED filed financial statements?

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

What net assets did GOODTURN ENGINEERING LIMITED report in 2025?

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GOODTURN ENGINEERING LIMITED reported net assets of £162.04K for 2025. That compares with £161.50K in 2024, a change of 0.33%.

What total assets did GOODTURN ENGINEERING LIMITED report in 2025?

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GOODTURN ENGINEERING LIMITED reported total assets of £828.53K for 2025. That compares with £472.29K in 2024, a change of 75.43%.

What cash in bank did GOODTURN ENGINEERING LIMITED report in 2025?

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GOODTURN ENGINEERING LIMITED reported cash in bank of £85.07K for 2025. That compares with £195.29K in 2024, a change of -56.44%.

How many people does GOODTURN ENGINEERING LIMITED employ?

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GOODTURN ENGINEERING LIMITED reported 0 employees in 2025, compared with 0 in 2024.

How have GOODTURN ENGINEERING LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, GOODTURN ENGINEERING LIMITED's net assets rose by 0.7%, cash in bank rose by 7.9%, total assets rose by 104% and total liabilities rose by 171%. Net assets compounded at 0.3% a year across the two years to 2025, from £160.93K to £162.04K. Reported headcount went from 7 in 2023 to 0 in 2025 (-7).

Which years of GOODTURN ENGINEERING LIMITED financial data are available?

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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.