NERO PILING & GROUND ENGINEERING LIMITED Financials
- Company number
- 13081129CopyCopy
- Registered office
- Broom House, 39/43 London Road, Hadleigh, Benfleet, Essex SS7 2QL
- Incorporated
- 14/12/2020
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-8.48%vs 20232023: £220.55K
Total Assets
12.00%vs 20232023: £1.41M
Cash in Bank
77.68%vs 20232023: £27.26K
Total Liabilities
15.81%vs 20232023: £1.19M
Employees
-1vs 20232023: 12
In 2024, NERO PILING & GROUND ENGINEERING LIMITED reported net assets of £201.84K. The same filing shows total assets of £1.58M, cash in bank of £48.44K and total liabilities of £1.37M. Reported headcount was 11 in 2024. Total Liabilities rose from £1.19M in 2023 to £1.37M in 2024 (15.81%). Okredo holds filed figures for 2021–2024; 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
-8.48%from £220.55K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NERO PILING & GROUND ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+36.4%vs 2022+16.8% a year compound (CAGR)
Cash in Bank
+11.3%vs 2022+5.5% a year compound (CAGR)
Total Assets
-0.3%vs 2022-0.1% a year compound (CAGR)
Total Liabilities
-4.1%vs 2022-2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+36.4%
£147.93K in 2022 to £201.84K in 2024
Biggest decrease
Total Liabilities-4.1%
£1.43M in 2022 to £1.37M in 2024
NERO PILING & GROUND ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NERO PILING & GROUND 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
- 12.80%2024
- 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
- 87.20%2024
- 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
- 3.52%2024
- 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
- 3.07%2024
- 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 NERO PILING & GROUND ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.87K | 147.93K | 220.55K | 201.84K |
| Total Assets£ | 377.21K | 1.58M | 1.41M | 1.58M |
| Cash in Bank£ | 18.27K | 43.54K | 27.26K | 48.44K |
| Total Liabilities£ | 375.33K | 1.43M | 1.19M | 1.37M |
| Employees | 4 | 11 | 12 | 11 |
NERO PILING & GROUND ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NERO PILING & GROUND ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NERO PILING & GROUND ENGINEERING LIMITED reported net assets of £201.84K for 2024. That compares with £220.55K in 2023, a change of -8.48%.
NERO PILING & GROUND ENGINEERING LIMITED reported total assets of £1.58M for 2024. That compares with £1.41M in 2023, a change of 12.00%.
NERO PILING & GROUND ENGINEERING LIMITED reported cash in bank of £48.44K for 2024. That compares with £27.26K in 2023, a change of 77.68%.
NERO PILING & GROUND ENGINEERING LIMITED reported 11 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, NERO PILING & GROUND ENGINEERING LIMITED's net assets rose by 36.4%, cash in bank rose by 11.3%, total assets fell by 0.3% and total liabilities fell by 4.1%. Net assets compounded at 16.8% a year across the two years to 2024, from £147.93K to £201.84K. Reported headcount went from 11 in 2022 to 11 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.