OIL & GAS MEASUREMENT LIMITED Financials
- Company number
- 04802961Copy
Copy - Registered office
- Denmark House, St. Thomas Place, Ely CB7 4EX
- Incorporated
- 18/06/2003
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-69.39%vs 20232023: £-4.37M
Total Assets
-13.86%vs 20232023: £11.82M
Cash in Bank
-87.13%vs 20232023: £217.28K
Total Liabilities
9.63%vs 20232023: £14.59M
Employees
-16vs 20232023: 37
In 2024, OIL & GAS MEASUREMENT LIMITED reported net assets of £-7.41M. The same filing shows total assets of £10.19M, cash in bank of £27.96K and total liabilities of £16.00M. Reported headcount was 21 in 2024. Net Assets fell from £-4.37M in 2023 to £-7.41M in 2024 (-69.39%). 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
-69.39%from £-4.37M 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 OIL & GAS MEASUREMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-90.3%vs 2022-68.8% a year compound (CAGR)
Total Assets
-23.2%vs 2022-12.4% a year compound (CAGR)
Total Liabilities
+11.3%vs 2022+5.5% a year compound (CAGR)
Employees
-46.2%vs 2022-18Biggest increase
Total Liabilities+11.3%
£14.38M in 2022 to £16.00M in 2024
Biggest decrease
Cash in Bank-90.3%
£287.50K in 2022 to £27.96K in 2024
OIL & GAS MEASUREMENT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 OIL & GAS MEASUREMENT 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
- -72.73%2024
- Liabilities to total assets
- 157.08%2024
- Cash to liabilities
- 0.17%2024
- Cash to total assets
- 0.27%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 OIL & GAS MEASUREMENT 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£ | -1.03M | -2.73M | -4.37M | -7.41M |
| Total Assets£ | 13.92M | 13.26M | 11.82M | 10.19M |
| Cash in Bank£ | 305.92K | 287.50K | 217.28K | 27.96K |
| Total Liabilities£ | 13.33M | 14.38M | 14.59M | 16.00M |
| Employees | 124 | 39 | 37 | 21 |
OIL & GAS MEASUREMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has OIL & GAS MEASUREMENT LIMITED filed financial statements?
Yes. Okredo holds filed figures for OIL & GAS MEASUREMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did OIL & GAS MEASUREMENT LIMITED report in 2024?
OIL & GAS MEASUREMENT LIMITED reported net assets of £-7.41M for 2024. That compares with £-4.37M in 2023, a change of -69.39%.
What total assets did OIL & GAS MEASUREMENT LIMITED report in 2024?
OIL & GAS MEASUREMENT LIMITED reported total assets of £10.19M for 2024. That compares with £11.82M in 2023, a change of -13.86%.
What cash in bank did OIL & GAS MEASUREMENT LIMITED report in 2024?
OIL & GAS MEASUREMENT LIMITED reported cash in bank of £27.96K for 2024. That compares with £217.28K in 2023, a change of -87.13%.
How many people does OIL & GAS MEASUREMENT LIMITED employ?
OIL & GAS MEASUREMENT LIMITED reported 21 employees in 2024, compared with 37 in 2023.
How have OIL & GAS MEASUREMENT LIMITED financials changed over the last 3 years?
Between 2022 and 2024, OIL & GAS MEASUREMENT LIMITED's cash in bank fell by 90.3%, total assets fell by 23.2%, total liabilities rose by 11.3% and employee numbers fell by 46.2%. Cash in bank contracted at 68.8% a year across the two years to 2024, from £287.50K to £27.96K. Reported headcount went from 39 in 2022 to 21 in 2024 (-18).
Which years of OIL & GAS MEASUREMENT LIMITED financial data are available?
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.