MACHINE TOOL AND ENGINEERING SERVICES LIMITED Financials
- Company number
- 02820419CopyCopy
- Registered office
- Unit 14 Quay Lane Industrial Est, Hardway, Gosport, Hampshire PO12 4LJ
- Incorporated
- 21/05/1993
Company snapshot
- Status
- Active
- Employees
- 11 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-6.90%vs 20252025: £484.14K
Total Assets
7.30%vs 20252025: £577.47K
Cash in Bank
23.64%vs 20252025: £302.16K
Total Liabilities
80.94%vs 20252025: £93.33K
Employees
-2vs 20252025: 13
In 2026, MACHINE TOOL AND ENGINEERING SERVICES LIMITED reported net assets of £450.75K. The same filing shows total assets of £619.62K, cash in bank of £373.59K and total liabilities of £168.87K. Reported headcount was 11 in 2026. Total Liabilities rose from £93.33K in 2025 to £168.87K in 2026 (80.94%). Okredo holds filed figures for 2022–2026; 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
-6.90%from £484.14K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures MACHINE TOOL AND ENGINEERING SERVICES LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-16.1%vs 2024-8.4% a year compound (CAGR)
Cash in Bank
-20.1%vs 2024-10.6% a year compound (CAGR)
Total Assets
-13.4%vs 2024-7% a year compound (CAGR)
Total Liabilities
-5.4%vs 2024-2.8% a year compound (CAGR)
Employees
-15.4%vs 2024-2Biggest decrease
Cash in Bank-20.1%
£467.44K in 2024 to £373.59K in 2026
Every indicator Okredo holds for MACHINE TOOL AND ENGINEERING SERVICES LIMITED fell between 2024 and 2026. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MACHINE TOOL AND ENGINEERING SERVICES 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
- 72.75%2026
- 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%2026
- 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
- 221.23%2026
- 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
- 60.29%2026
- 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 MACHINE TOOL AND ENGINEERING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 851.78K | 529.00K | 537.16K | 484.14K | 450.75K |
| Total Assets£ | 1.02M | 666.41K | 715.71K | 577.47K | 619.62K |
| Cash in Bank£ | 796.46K | 334.24K | 467.44K | 302.16K | 373.59K |
| Total Liabilities£ | 164.27K | 137.41K | 178.55K | 93.33K | 168.87K |
| Employees | 14 | 13 | 13 | 13 | 11 |
MACHINE TOOL AND ENGINEERING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MACHINE TOOL AND ENGINEERING SERVICES LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
MACHINE TOOL AND ENGINEERING SERVICES LIMITED reported net assets of £450.75K for 2026. That compares with £484.14K in 2025, a change of -6.90%.
MACHINE TOOL AND ENGINEERING SERVICES LIMITED reported total assets of £619.62K for 2026. That compares with £577.47K in 2025, a change of 7.30%.
MACHINE TOOL AND ENGINEERING SERVICES LIMITED reported cash in bank of £373.59K for 2026. That compares with £302.16K in 2025, a change of 23.64%.
MACHINE TOOL AND ENGINEERING SERVICES LIMITED reported 11 employees in 2026, compared with 13 in 2025.
Between 2024 and 2026, MACHINE TOOL AND ENGINEERING SERVICES LIMITED's net assets fell by 16.1%, cash in bank fell by 20.1%, total assets fell by 13.4% and total liabilities fell by 5.4%. Net assets contracted at 8.4% a year across the two years to 2026, from £537.16K to £450.75K. Reported headcount went from 13 in 2024 to 11 in 2026 (-2).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.