MAINE ENGINEERING LIMITED Financials
- Company number
- 06503737Copy
Copy - Registered office
- Unit 1 West Line Industrial Estate, Birtley, Chester Le Street, County Durham DH2 1AU
- Incorporated
- 14/02/2008
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
24.12%vs 20242024: £-91.06K
Total Assets
156.77%vs 20242024: £138.14K
Cash in Bank
4.15K%vs 20242024: £47.00
Total Liabilities
75.84%vs 20242024: £223.91K
Employees
+1vs 20242024: 4
In 2025, MAINE ENGINEERING LIMITED reported net assets of £-69.10K. The same filing shows total assets of £354.68K, cash in bank of £2.00K and total liabilities of £393.73K. Reported headcount was 5 in 2025. Total Assets rose from £138.14K in 2024 to £354.68K in 2025 (156.77%). 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
24.12%from £-91.06K 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 MAINE ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+4149%vs 2023+552% a year compound (CAGR)
Total Assets
+206%vs 2023+74.9% a year compound (CAGR)
Total Liabilities
+84.4%vs 2023+35.8% a year compound (CAGR)
Employees
-28.6%vs 2023-2Biggest increase
Cash in Bank+4149%
£47.00 in 2023 to £2.00K in 2025
Biggest decrease
Employees-28.6%
7 in 2023 to 5 in 2025
MAINE ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 MAINE 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
- -19.48%2025
- Liabilities to total assets
- 111.01%2025
- Cash to liabilities
- 0.51%2025
- Cash to total assets
- 0.56%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MAINE ENGINEERING 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£ | -111.29K | -68.27K | -107.57K | -91.06K | -69.10K |
| Total Assets£ | 127.46K | 204.09K | 115.97K | 138.14K | 354.68K |
| Cash in Bank£ | 35.58K | 3.51K | 47.00 | 47.00 | 2.00K |
| Total Liabilities£ | 223.18K | 259.98K | 213.52K | 223.91K | 393.73K |
| Employees | 9 | 7 | 7 | 4 | 5 |
MAINE ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MAINE ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for MAINE ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MAINE ENGINEERING LIMITED report in 2025?
MAINE ENGINEERING LIMITED reported net assets of £-69.10K for 2025. That compares with £-91.06K in 2024, a change of 24.12%.
What total assets did MAINE ENGINEERING LIMITED report in 2025?
MAINE ENGINEERING LIMITED reported total assets of £354.68K for 2025. That compares with £138.14K in 2024, a change of 156.77%.
What cash in bank did MAINE ENGINEERING LIMITED report in 2025?
MAINE ENGINEERING LIMITED reported cash in bank of £2.00K for 2025. That compares with £47.00 in 2024, a change of 4.15K%.
How many people does MAINE ENGINEERING LIMITED employ?
MAINE ENGINEERING LIMITED reported 5 employees in 2025, compared with 4 in 2024.
How have MAINE ENGINEERING LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MAINE ENGINEERING LIMITED's cash in bank rose by 4149%, total assets rose by 206%, total liabilities rose by 84.4% and employee numbers fell by 28.6%. Cash in bank compounded at 552% a year across the two years to 2025, from £47.00 to £2.00K. Reported headcount went from 7 in 2023 to 5 in 2025 (-2).
Which years of MAINE ENGINEERING LIMITED financial data are available?
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.