MORTEC WELDING & FABRICATION LIMITED Financials
- Company number
- 08472051CopyCopy
- Registered office
- Unit 15 Chalwyn Industrial Estate, St Clements Road, Poole, Dorset BH12 4PE
- Incorporated
- 03/04/2013
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-17.14%vs 20242024: £167.38K
Total Assets
0.83%vs 20242024: £37.36K
Cash in Bank
14.05%vs 20242024: £73.07K
Total Liabilities
First reported yearEmployees
+1vs 20242024: 11
In 2025, MORTEC WELDING & FABRICATION LIMITED reported net assets of £138.70K. The same filing shows total assets of £37.67K, cash in bank of £83.33K and total liabilities of £217.83K. Reported headcount was 12 in 2025. Net Assets fell from £167.38K in 2024 to £138.70K in 2025 (-17.14%). 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
-17.14%from £167.38K 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 MORTEC WELDING & FABRICATION LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-21.3%vs 2023-11.3% a year compound (CAGR)
Cash in Bank
-63.6%vs 2023-39.7% a year compound (CAGR)
Total Assets
+4.7%vs 2023+2.3% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Assets+4.7%
£35.97K in 2023 to £37.67K in 2025
Biggest decrease
Cash in Bank-63.6%
£228.96K in 2023 to £83.33K in 2025
MORTEC WELDING & FABRICATION LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MORTEC WELDING & FABRICATION 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
- 368.24%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.
- Liabilities to total assets
- 69.51%2021
- 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
- 46.25%2021
- 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
- 221.25%2025
- 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 MORTEC WELDING & FABRICATION 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£ | 51.76K | 102.69K | 176.28K | 167.38K | 138.70K |
| Total Assets£ | 313.36K | 39.88K | 35.97K | 37.36K | 37.67K |
| Cash in Bank£ | 100.75K | 162.86K | 228.96K | 73.07K | 83.33K |
| Total Liabilities£ | 217.83K | – | – | – | – |
| Employees | 12 | 12 | 12 | 11 | 12 |
MORTEC WELDING & FABRICATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MORTEC WELDING & FABRICATION LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MORTEC WELDING & FABRICATION LIMITED reported net assets of £138.70K for 2025. That compares with £167.38K in 2024, a change of -17.14%.
MORTEC WELDING & FABRICATION LIMITED reported total assets of £37.67K for 2025. That compares with £37.36K in 2024, a change of 0.83%.
MORTEC WELDING & FABRICATION LIMITED reported cash in bank of £83.33K for 2025. That compares with £73.07K in 2024, a change of 14.05%.
MORTEC WELDING & FABRICATION LIMITED reported 12 employees in 2025, compared with 11 in 2024.
Between 2023 and 2025, MORTEC WELDING & FABRICATION LIMITED's net assets fell by 21.3%, cash in bank fell by 63.6%, total assets rose by 4.7% and employee numbers was unchanged. Net assets contracted at 11.3% a year across the two years to 2025, from £176.28K to £138.70K. Reported headcount went from 12 in 2023 to 12 in 2025.
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.