LIPCO ENGINEERING LIMITED Financials
- Company number
- 02698788CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Unit 81 Condor Close, Woolsbridge Industrial Park Three Legged Cross, Wimborne, Dorset BH21 6SU
- Incorporated
- 19/03/1992
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.71%vs 20232023: £604.16K
Total Assets
-8.43%vs 20232023: £2.31M
Cash in Bank
5.76%vs 20232023: £34.61K
Total Liabilities
-6.68%vs 20232023: £957.60K
Employees
+1vs 20232023: 23
In 2024, LIPCO ENGINEERING LIMITED reported net assets of £581.73K. The same filing shows total assets of £2.11M, cash in bank of £36.60K and total liabilities of £893.68K. Reported headcount was 24 in 2024. Total Assets fell from £2.31M in 2023 to £2.11M in 2024 (-8.43%). 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
-3.71%from £604.16K 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 LIPCO ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-19%vs 2022-10% a year compound (CAGR)
Cash in Bank
+857%vs 2022+209% a year compound (CAGR)
Total Assets
-29.6%vs 2022-16.1% a year compound (CAGR)
Total Liabilities
-35.6%vs 2022-19.8% a year compound (CAGR)
Employees
-4%vs 2022-1Biggest increase
Cash in Bank+857%
£3.83K in 2022 to £36.60K in 2024
Biggest decrease
Total Liabilities-35.6%
£1.39M in 2022 to £893.68K in 2024
LIPCO ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. 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 LIPCO 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
- 27.52%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
- 42.28%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
- 4.10%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
- 1.73%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 LIPCO 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£ | 1.16M | 718.56K | 604.16K | 581.73K |
| Total Assets£ | 2.88M | 3.00M | 2.31M | 2.11M |
| Cash in Bank£ | 255.18K | 3.83K | 34.61K | 36.60K |
| Total Liabilities£ | 830.62K | 1.39M | 957.60K | 893.68K |
| Employees | 24 | 25 | 23 | 24 |
LIPCO ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LIPCO ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LIPCO ENGINEERING LIMITED reported net assets of £581.73K for 2024. That compares with £604.16K in 2023, a change of -3.71%.
LIPCO ENGINEERING LIMITED reported total assets of £2.11M for 2024. That compares with £2.31M in 2023, a change of -8.43%.
LIPCO ENGINEERING LIMITED reported cash in bank of £36.60K for 2024. That compares with £34.61K in 2023, a change of 5.76%.
LIPCO ENGINEERING LIMITED reported 24 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, LIPCO ENGINEERING LIMITED's net assets fell by 19%, cash in bank rose by 857%, total assets fell by 29.6% and total liabilities fell by 35.6%. Net assets contracted at 10% a year across the two years to 2024, from £718.56K to £581.73K. Reported headcount went from 25 in 2022 to 24 in 2024 (-1).
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.