N E ENGINEERING LTD Financials
- Company number
- 07032830CopyCopy
- Registered office
- 21-22 Mackintosh Road Rackheath Industrial Estate, Norwich, Norfolk NR13 6LJ
- Incorporated
- 29/09/2009
Company snapshot
- Status
- Active
- Employees
- 27 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2.49%vs 20242024: £3.32M
Total Assets
-3.71%vs 20242024: £5.70M
Cash in Bank
-72.56%vs 20242024: £1.92M
Total Liabilities
-12.38%vs 20242024: £2.38M
Employees
+1vs 20242024: 26
In 2025, N E ENGINEERING LTD reported net assets of £3.41M. The same filing shows total assets of £5.49M, cash in bank of £526.82K and total liabilities of £2.08M. Reported headcount was 27 in 2025. Cash in Bank fell from £1.92M in 2024 to £526.82K in 2025 (-72.56%). 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
2.49%from £3.32M 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 ENGINEERING LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+208%vs 2023+75.4% a year compound (CAGR)
Cash in Bank
+73.6%vs 2023+31.8% a year compound (CAGR)
Total Assets
+96.5%vs 2023+40.2% a year compound (CAGR)
Total Liabilities
+23.5%vs 2023+11.1% a year compound (CAGR)
Employees
+68.8%vs 2023+11Biggest increase
Net Assets+208%
£1.11M in 2023 to £3.41M in 2025
Every indicator Okredo holds for N E ENGINEERING LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from N E ENGINEERING LTD'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
- 62.05%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
- 37.95%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
- 25.29%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
- 9.60%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 ENGINEERING LTD 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£ | 527.13K | 706.32K | 1.11M | 3.32M | 3.41M |
| Total Assets£ | 1.38M | 2.07M | 2.79M | 5.70M | 5.49M |
| Cash in Bank£ | 300.56K | 416.45K | 303.49K | 1.92M | 526.82K |
| Total Liabilities£ | 854.26K | 1.37M | 1.69M | 2.38M | 2.08M |
| Employees | 10 | 12 | 16 | 26 | 27 |
N E ENGINEERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for N E ENGINEERING LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
N E ENGINEERING LTD reported net assets of £3.41M for 2025. That compares with £3.32M in 2024, a change of 2.49%.
N E ENGINEERING LTD reported total assets of £5.49M for 2025. That compares with £5.70M in 2024, a change of -3.71%.
N E ENGINEERING LTD reported cash in bank of £526.82K for 2025. That compares with £1.92M in 2024, a change of -72.56%.
N E ENGINEERING LTD reported 27 employees in 2025, compared with 26 in 2024.
Between 2023 and 2025, N E ENGINEERING LTD's net assets rose by 208%, cash in bank rose by 73.6%, total assets rose by 96.5% and total liabilities rose by 23.5%. Net assets compounded at 75.4% a year across the two years to 2025, from £1.11M to £3.41M. Reported headcount went from 16 in 2023 to 27 in 2025 (+11).
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.