L B PRECISION SHEET METAL WORKS LIMITED Financials
- Company number
- 04643136CopyCopy
- Registered office
- Unit 6, Orchard Road, Royston, Hertfordshire SG8 5HD
- Incorporated
- 21/01/2003
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
14.60%vs 20242024: £675.23K
Total Assets
-6.62%vs 20242024: £1.47M
Cash in Bank
-52.85%vs 20242024: £601.43K
Total Liabilities
-30.25%vs 20242024: £474.02K
Employees
0vs 20242024: 0
In 2025, L B PRECISION SHEET METAL WORKS LIMITED reported net assets of £773.80K. The same filing shows total assets of £1.37M, cash in bank of £283.58K and total liabilities of £330.62K. Reported headcount was 0 in 2025. Cash in Bank fell from £601.43K in 2024 to £283.58K in 2025 (-52.85%). 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
14.60%from £675.23K 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 L B PRECISION SHEET METAL WORKS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+53.2%vs 2023+23.8% a year compound (CAGR)
Cash in Bank
-31.6%vs 2023-17.3% a year compound (CAGR)
Total Assets
+7.3%vs 2023+3.6% a year compound (CAGR)
Total Liabilities
-17.4%vs 2023-9.1% a year compound (CAGR)
Employees
-100%vs 2023-12Biggest increase
Net Assets+53.2%
£505.20K in 2023 to £773.80K in 2025
Biggest decrease
Employees-100%
12 in 2023 to 0 in 2025
L B PRECISION SHEET METAL WORKS 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 L B PRECISION SHEET METAL WORKS 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
- 56.39%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
- 24.09%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
- 85.77%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
- 20.67%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 L B PRECISION SHEET METAL WORKS 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£ | 303.71K | 454.53K | 505.20K | 675.23K | 773.80K |
| Total Assets£ | 864.82K | 1.26M | 1.28M | 1.47M | 1.37M |
| Cash in Bank£ | 196.74K | 359.49K | 414.41K | 601.43K | 283.58K |
| Total Liabilities£ | 306.62K | 464.98K | 400.37K | 474.02K | 330.62K |
| Employees | 12 | 12 | 12 | 0 | 0 |
L B PRECISION SHEET METAL WORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for L B PRECISION SHEET METAL WORKS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
L B PRECISION SHEET METAL WORKS LIMITED reported net assets of £773.80K for 2025. That compares with £675.23K in 2024, a change of 14.60%.
L B PRECISION SHEET METAL WORKS LIMITED reported total assets of £1.37M for 2025. That compares with £1.47M in 2024, a change of -6.62%.
L B PRECISION SHEET METAL WORKS LIMITED reported cash in bank of £283.58K for 2025. That compares with £601.43K in 2024, a change of -52.85%.
L B PRECISION SHEET METAL WORKS LIMITED reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, L B PRECISION SHEET METAL WORKS LIMITED's net assets rose by 53.2%, cash in bank fell by 31.6%, total assets rose by 7.3% and total liabilities fell by 17.4%. Net assets compounded at 23.8% a year across the two years to 2025, from £505.20K to £773.80K. Reported headcount went from 12 in 2023 to 0 in 2025 (-12).
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.