LINELL PRECISION ENGINEERING LIMITED Financials
- Company number
- SC223840CopyCopy
- Registered office
- C/O Linell Group Limited, Russell Street, Johnstone, Renfrewshire PA5 8BZ
- Incorporated
- 01/10/2001
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
43.50%vs 20232023: £898.27K
Total Assets
45.82%vs 20232023: £2.80M
Cash in Bank
59.38%vs 20232023: £803.44K
Total Liabilities
46.92%vs 20232023: £1.90M
Employees
+4vs 20232023: 21
In 2024, LINELL PRECISION ENGINEERING LIMITED reported net assets of £1.29M. The same filing shows total assets of £4.09M, cash in bank of £1.28M and total liabilities of £2.80M. Reported headcount was 25 in 2024. Total Assets rose from £2.80M in 2023 to £4.09M in 2024 (45.82%). 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
43.50%from £898.27K in 2023Year-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 LINELL PRECISION ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+56.6%vs 2022+25.1% a year compound (CAGR)
Cash in Bank
+15.1%vs 2022+7.3% a year compound (CAGR)
Total Assets
+73%vs 2022+31.5% a year compound (CAGR)
Total Liabilities
+81.7%vs 2022+34.8% a year compound (CAGR)
Employees
+8.7%vs 2022+2Biggest increase
Total Liabilities+81.7%
£1.54M in 2022 to £2.80M in 2024
Every indicator Okredo holds for LINELL PRECISION ENGINEERING LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LINELL PRECISION 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
- 31.54%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
- 68.46%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
- 45.76%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
- 31.33%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 LINELL PRECISION ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.64M | 823.14K | 898.27K | 1.29M |
| Total Assets£ | 3.23M | 2.36M | 2.80M | 4.09M |
| Cash in Bank£ | 1.32M | 1.11M | 803.44K | 1.28M |
| Total Liabilities£ | 1.58M | 1.54M | 1.90M | 2.80M |
| Employees | 28 | 23 | 21 | 25 |
LINELL PRECISION ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LINELL PRECISION ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LINELL PRECISION ENGINEERING LIMITED reported net assets of £1.29M for 2024. That compares with £898.27K in 2023, a change of 43.50%.
LINELL PRECISION ENGINEERING LIMITED reported total assets of £4.09M for 2024. That compares with £2.80M in 2023, a change of 45.82%.
LINELL PRECISION ENGINEERING LIMITED reported cash in bank of £1.28M for 2024. That compares with £803.44K in 2023, a change of 59.38%.
LINELL PRECISION ENGINEERING LIMITED reported 25 employees in 2024, compared with 21 in 2023.
Between 2022 and 2024, LINELL PRECISION ENGINEERING LIMITED's net assets rose by 56.6%, cash in bank rose by 15.1%, total assets rose by 73% and total liabilities rose by 81.7%. Net assets compounded at 25.1% a year across the two years to 2024, from £823.14K to £1.29M. Reported headcount went from 23 in 2022 to 25 in 2024 (+2).
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.