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NMK ENGINEERING LIMITED Financials

Company number
NI602302Copy
Copy
Registered office
Unit 4c Enterprise Business Park, Enterprise Road, Bangor BT19 7TA
Incorporated
25/02/2010

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£31.84K2024
1.46%vs 2023

2023: £31.38K

Total Assets

£873.29K2024
15.30%vs 2023

2023: £757.38K

Cash in Bank

£27.86K2024
509.07%vs 2023

2023: £4.57K

Total Liabilities

£484.12K2024
12.37%vs 2023

2023: £430.83K

Employees

72024
0vs 2023

2023: 7

In 2024, NMK ENGINEERING LIMITED reported net assets of £31.84K. The same filing shows total assets of £873.29K, cash in bank of £27.86K and total liabilities of £484.12K. Reported headcount was 7 in 2024. Total Assets rose from £757.38K in 2023 to £873.29K in 2024 (15.30%). 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

£31.84K2024
1.46%from £31.38K in 2023

Year-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 NMK ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-55.97K2022£31.84K2024
Increasedvs 2022

Cash in Bank

£7.85K2022£27.86K2024
+255%vs 2022

+88.4% a year compound (CAGR)

Total Assets

£583.43K2022£873.29K2024
+49.7%vs 2022

+22.3% a year compound (CAGR)

Total Liabilities

£411.53K2022£484.12K2024
+17.6%vs 2022

+8.5% a year compound (CAGR)

Employees

7202272024
0%vs 2022

Biggest increase

Cash in Bank+255%

£7.85K in 2022 to £27.86K in 2024

Every measure that changed in NMK ENGINEERING LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NMK 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
3.65%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
55.44%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
5.75%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
3.19%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 NMK ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£71.63K-55.97K31.38K31.84K
Total Assets£722.73K583.43K757.38K873.29K
Cash in Bank£172.78K7.85K4.57K27.86K
Total Liabilities£489.61K411.53K430.83K484.12K
Employees8777

NMK ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NMK ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

NMK ENGINEERING LIMITED reported net assets of £31.84K for 2024. That compares with £31.38K in 2023, a change of 1.46%.

NMK ENGINEERING LIMITED reported total assets of £873.29K for 2024. That compares with £757.38K in 2023, a change of 15.30%.

NMK ENGINEERING LIMITED reported cash in bank of £27.86K for 2024. That compares with £4.57K in 2023, a change of 509.07%.

NMK ENGINEERING LIMITED reported 7 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, NMK ENGINEERING LIMITED's cash in bank rose by 255%, total assets rose by 49.7%, total liabilities rose by 17.6% and employee numbers was unchanged. Cash in bank compounded at 88.4% a year across the two years to 2024, from £7.85K to £27.86K. Reported headcount went from 7 in 2022 to 7 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.