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LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED Financials

Company number
03660509Copy
Copy
Registered office
3 Osprey Court Kingfisher Way, Hinchingbrooke Business Park, Huntingdon, Cambridgeshire PE29 6FN
Incorporated
03/11/1998

Company snapshot

Status
Active
Employees
36 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£3.97M2024
7.08%vs 2023

2023: £3.71M

Total Assets

£6.01M2024
19.04%vs 2023

2023: £5.05M

Cash in Bank

£4.61M2024
16.48%vs 2023

2023: £3.96M

Total Liabilities

£1.64M2024
78.62%vs 2023

2023: £916.84K

Employees

362024
+3vs 2023

2023: 33

In 2024, LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED reported net assets of £3.97M. The same filing shows total assets of £6.01M, cash in bank of £4.61M and total liabilities of £1.64M. Reported headcount was 36 in 2024. Total Assets rose from £5.05M in 2023 to £6.01M in 2024 (19.04%). Okredo holds filed figures for 2021–2024; 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

£3.97M2024
7.08%from £3.71M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.06M2022£3.97M2024
+29.9%vs 2022

+14% a year compound (CAGR)

Cash in Bank

£3.24M2022£4.61M2024
+42.6%vs 2022

+19.4% a year compound (CAGR)

Total Assets

£4.68M2022£6.01M2024
+28.4%vs 2022

+13.3% a year compound (CAGR)

Total Liabilities

£1.19M2022£1.64M2024
+38%vs 2022

+17.5% a year compound (CAGR)

Employees

322022362024
+12.5%vs 2022+4

Biggest increase

Cash in Bank+42.6%

£3.24M in 2022 to £4.61M in 2024

Every indicator Okredo holds for LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LIFTING EQUIPMENT ENGINEERS ASSOCIATION 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
66.13%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.
Liabilities to total assets
27.25%2024
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
281.78%2024
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
76.78%2024
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 LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.80M3.06M3.71M3.97M
Total Assets£4.81M4.68M5.05M6.01M
Cash in Bank£2.79M3.24M3.96M4.61M
Total Liabilities£1.26M1.19M916.84K1.64M
Employees31323336

LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED reported net assets of £3.97M for 2024. That compares with £3.71M in 2023, a change of 7.08%.

LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED reported total assets of £6.01M for 2024. That compares with £5.05M in 2023, a change of 19.04%.

LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED reported cash in bank of £4.61M for 2024. That compares with £3.96M in 2023, a change of 16.48%.

LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED reported 36 employees in 2024, compared with 33 in 2023.

Between 2022 and 2024, LIFTING EQUIPMENT ENGINEERS ASSOCIATION LIMITED's net assets rose by 29.9%, cash in bank rose by 42.6%, total assets rose by 28.4% and total liabilities rose by 38%. Net assets compounded at 14% a year across the two years to 2024, from £3.06M to £3.97M. Reported headcount went from 32 in 2022 to 36 in 2024 (+4).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.