GREENFIELD ENGINEERING (SHEET METAL) LIMITED Financials
- Company number
- 03688968CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- 69 High Street, Bideford, Devon EX39 2AT
- Incorporated
- 24/12/1998
Company snapshot
- Status
- Active
- Employees
- 63 (2023)
- Latest financial data
- 2023
- Accounts type
- Audited abridged
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-41.05%vs 20222022: £2.24M
Total Assets
-25.77%vs 20222022: £4.28M
Cash in Bank
-66.25%vs 20222022: £1.22M
Total Liabilities
-8.92%vs 20222022: £2.03M
Employees
-1vs 20222022: 64
In 2023, GREENFIELD ENGINEERING (SHEET METAL) LIMITED reported net assets of £1.32M. The same filing shows total assets of £3.18M, cash in bank of £411.49K and total liabilities of £1.85M. Reported headcount was 63 in 2023. Total Assets fell from £4.28M in 2022 to £3.18M in 2023 (-25.77%). 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
-41.05%from £2.24M 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 GREENFIELD ENGINEERING (SHEET METAL) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-35.4%vs 2021-19.6% a year compound (CAGR)
Cash in Bank
-36.8%vs 2021-20.5% a year compound (CAGR)
Total Assets
-19.1%vs 2021-10.1% a year compound (CAGR)
Total Liabilities
-1.5%vs 2021-0.7% a year compound (CAGR)
Employees
+3.3%vs 2021+2Biggest increase
Employees+3.3%
61 in 2021 to 63 in 2023
Biggest decrease
Cash in Bank-36.8%
£651.04K in 2021 to £411.49K in 2023
GREENFIELD ENGINEERING (SHEET METAL) LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GREENFIELD ENGINEERING (SHEET METAL) 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
- 41.67%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.
- Liabilities to total assets
- 58.33%2023
- 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
- 22.21%2023
- 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
- 12.96%2023
- 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 GREENFIELD ENGINEERING (SHEET METAL) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.05M | 2.24M | 1.32M |
| Total Assets£ | 3.93M | 4.28M | 3.18M |
| Cash in Bank£ | 651.04K | 1.22M | 411.49K |
| Total Liabilities£ | 1.88M | 2.03M | 1.85M |
| Employees | 61 | 64 | 63 |
GREENFIELD ENGINEERING (SHEET METAL) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GREENFIELD ENGINEERING (SHEET METAL) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GREENFIELD ENGINEERING (SHEET METAL) LIMITED reported net assets of £1.32M for 2023. That compares with £2.24M in 2022, a change of -41.05%.
GREENFIELD ENGINEERING (SHEET METAL) LIMITED reported total assets of £3.18M for 2023. That compares with £4.28M in 2022, a change of -25.77%.
GREENFIELD ENGINEERING (SHEET METAL) LIMITED reported cash in bank of £411.49K for 2023. That compares with £1.22M in 2022, a change of -66.25%.
GREENFIELD ENGINEERING (SHEET METAL) LIMITED reported 63 employees in 2023, compared with 64 in 2022.
Between 2021 and 2023, GREENFIELD ENGINEERING (SHEET METAL) LIMITED's net assets fell by 35.4%, cash in bank fell by 36.8%, total assets fell by 19.1% and total liabilities fell by 1.5%. Net assets contracted at 19.6% a year across the two years to 2023, from £2.05M to £1.32M. Reported headcount went from 61 in 2021 to 63 in 2023 (+2).
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.