HIGH SPEED ENGINEERING LIMITED Financials
- Company number
- 04190653Copy
Copy - Registered office
- Unit 22 Spartan Industrial Estat, Brickhouse Lane, West Bromwich, West Midlands B70 0DH
- Incorporated
- 30/03/2001
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
10.00%vs 20242024: £667.19K
Total Assets
-0.84%vs 20242024: £1.09M
Cash in Bank
-28.09%vs 20232023: £485.83K
Total Liabilities
38.69%vs 20242024: £248.75K
Employees
0vs 20242024: 10
In 2025, HIGH SPEED ENGINEERING LIMITED reported net assets of £733.91K. The same filing shows total assets of £1.08M, cash in bank of £349.38K and total liabilities of £344.99K. Reported headcount was 10 in 2025. Cash in Bank fell from £485.83K in 2023 to £349.38K in 2024 (-28.09%). 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
10.00%from £667.19K in 2024Year-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 HIGH SPEED ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+29.6%vs 2023+13.8% a year compound (CAGR)
Total Assets
-11.1%vs 2023-5.7% a year compound (CAGR)
Total Liabilities
-18.2%vs 2023-9.6% a year compound (CAGR)
Employees
-33.3%vs 2023-5Biggest increase
Net Assets+29.6%
£566.36K in 2023 to £733.91K in 2025
Biggest decrease
Employees-33.3%
15 in 2023 to 10 in 2025
HIGH SPEED ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 HIGH SPEED 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
- 68.02%2025
- Liabilities to total assets
- 31.98%2025
- Cash to liabilities
- 140.45%2024
- Cash to total assets
- 32.11%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 HIGH SPEED ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 436.23K | 568.42K | 566.36K | 667.19K | 733.91K |
| Total Assets£ | 983.22K | 1.26M | 1.21M | 1.09M | 1.08M |
| Cash in Bank£ | 313.38K | 473.76K | 485.83K | 349.38K | – |
| Total Liabilities£ | 339.18K | 457.39K | 421.74K | 248.75K | 344.99K |
| Employees | 18 | 18 | 15 | 10 | 10 |
HIGH SPEED ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has HIGH SPEED ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for HIGH SPEED ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did HIGH SPEED ENGINEERING LIMITED report in 2025?
HIGH SPEED ENGINEERING LIMITED reported net assets of £733.91K for 2025. That compares with £667.19K in 2024, a change of 10.00%.
What total assets did HIGH SPEED ENGINEERING LIMITED report in 2025?
HIGH SPEED ENGINEERING LIMITED reported total assets of £1.08M for 2025. That compares with £1.09M in 2024, a change of -0.84%.
What cash in bank did HIGH SPEED ENGINEERING LIMITED report in 2024?
HIGH SPEED ENGINEERING LIMITED reported cash in bank of £349.38K for 2024. That compares with £485.83K in 2023, a change of -28.09%.
How many people does HIGH SPEED ENGINEERING LIMITED employ?
HIGH SPEED ENGINEERING LIMITED reported 10 employees in 2025, compared with 10 in 2024.
How have HIGH SPEED ENGINEERING LIMITED financials changed over the last 3 years?
Between 2023 and 2025, HIGH SPEED ENGINEERING LIMITED's net assets rose by 29.6%, total assets fell by 11.1%, total liabilities fell by 18.2% and employee numbers fell by 33.3%. Net assets compounded at 13.8% a year across the two years to 2025, from £566.36K to £733.91K. Reported headcount went from 15 in 2023 to 10 in 2025 (-5).
Which years of HIGH SPEED ENGINEERING LIMITED financial data are available?
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.