J B ENGINEERING LTD Financials
- Company number
- SC313514CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Unit 17, Armadale Industrial, Estate, Armadale, Bathgate, West Lothian EH48 2ND
- Incorporated
- 15/12/2006
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-1.85%vs 20222022: £404.45K
Total Assets
-11.47%vs 20222022: £750.84K
Cash in Bank
27.54%vs 20222022: £165.77K
Total Liabilities
-41.03%vs 20222022: £220.71K
Employees
-1vs 20222022: 11
In 2023, J B ENGINEERING LTD reported net assets of £396.98K. The same filing shows total assets of £664.68K, cash in bank of £211.43K and total liabilities of £130.16K. Reported headcount was 10 in 2023. Total Liabilities fell from £220.71K in 2022 to £130.16K in 2023 (-41.03%). 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
-1.85%from £404.45K 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 J B ENGINEERING LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-2.9%vs 2021-1.4% a year compound (CAGR)
Cash in Bank
+61.9%vs 2021+27.2% a year compound (CAGR)
Total Assets
-8.5%vs 2021-4.3% a year compound (CAGR)
Total Liabilities
-32.9%vs 2021-18.1% a year compound (CAGR)
Employees
+11.1%vs 2021+1Biggest increase
Cash in Bank+61.9%
£130.58K in 2021 to £211.43K in 2023
Biggest decrease
Total Liabilities-32.9%
£193.99K in 2021 to £130.16K in 2023
J B ENGINEERING LTD's filings pull in both directions between 2021 and 2023. 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 J B ENGINEERING LTD'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
- 59.73%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
- 19.58%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
- 162.44%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
- 31.81%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 J B ENGINEERING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 408.68K | 404.45K | 396.98K |
| Total Assets£ | 726.50K | 750.84K | 664.68K |
| Cash in Bank£ | 130.58K | 165.77K | 211.43K |
| Total Liabilities£ | 193.99K | 220.71K | 130.16K |
| Employees | 9 | 11 | 10 |
J B ENGINEERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for J B ENGINEERING LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
J B ENGINEERING LTD reported net assets of £396.98K for 2023. That compares with £404.45K in 2022, a change of -1.85%.
J B ENGINEERING LTD reported total assets of £664.68K for 2023. That compares with £750.84K in 2022, a change of -11.47%.
J B ENGINEERING LTD reported cash in bank of £211.43K for 2023. That compares with £165.77K in 2022, a change of 27.54%.
J B ENGINEERING LTD reported 10 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, J B ENGINEERING LTD's net assets fell by 2.9%, cash in bank rose by 61.9%, total assets fell by 8.5% and total liabilities fell by 32.9%. Net assets contracted at 1.4% a year across the two years to 2023, from £408.68K to £396.98K. Reported headcount went from 9 in 2021 to 10 in 2023 (+1).
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.