N E C ENGINEERING LIMITED Financials
- Company number
- 07417283CopyCopy
- Registered office
- Unit 8 Glover Centre Egmont Street, Mossley, Ashton-Under-Lyne, Lancs OL5 9PY
- Incorporated
- 25/10/2010
Company snapshot
- Status
- Active
- Employees
- 19 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
27.11%vs 20242024: £120.44K
Total Assets
38.75%vs 20242024: £469.18K
Cash in Bank
1.41K%vs 20242024: £13.09K
Total Liabilities
67.85%vs 20242024: £200.71K
Employees
+19vs 20242024: 0
In 2025, N E C ENGINEERING LIMITED reported net assets of £153.09K. The same filing shows total assets of £650.99K, cash in bank of £198.21K and total liabilities of £336.89K. Reported headcount was 19 in 2025. Cash in Bank rose from £13.09K in 2024 to £198.21K in 2025 (1.41K%). 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
27.11%from £120.44K 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 N E C ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-20.4%vs 2023-10.8% a year compound (CAGR)
Total Assets
+292%vs 2023+98% a year compound (CAGR)
Employees
+375%vs 2023+15Biggest increase
Employees+375%
4 in 2023 to 19 in 2025
Biggest decrease
Net Assets-20.4%
£192.36K in 2023 to £153.09K in 2025
N E C ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from N E C 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
- 23.52%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
- 51.75%2025
- 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
- 58.83%2025
- 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
- 30.45%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 N E C 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£ | 329.31K | 302.09K | 192.36K | 120.44K | 153.09K |
| Total Assets£ | – | – | 166.00K | 469.18K | 650.99K |
| Cash in Bank£ | 18.50K | 10.60K | – | 13.09K | 198.21K |
| Total Liabilities£ | – | – | – | 200.71K | 336.89K |
| Employees | 2,000 | 2,000 | 4 | 0 | 19 |
N E C ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for N E C ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
N E C ENGINEERING LIMITED reported net assets of £153.09K for 2025. That compares with £120.44K in 2024, a change of 27.11%.
N E C ENGINEERING LIMITED reported total assets of £650.99K for 2025. That compares with £469.18K in 2024, a change of 38.75%.
N E C ENGINEERING LIMITED reported cash in bank of £198.21K for 2025. That compares with £13.09K in 2024, a change of 1.41K%.
N E C ENGINEERING LIMITED reported 19 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, N E C ENGINEERING LIMITED's net assets fell by 20.4%, total assets rose by 292% and employee numbers rose by 375%. Net assets contracted at 10.8% a year across the two years to 2025, from £192.36K to £153.09K. Reported headcount went from 4 in 2023 to 19 in 2025 (+15).
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.