OSBORNE ENGINEERING LIMITED Financials
- Company number
- 01707073CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- 39a Colborne Crescent Nelson Park, Cramlington, Northumberland NE23 1WB
- Incorporated
- 17/03/1983
Company snapshot
- Status
- Active
- Employees
- 26 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-48.14%vs 20232023: £2.21M
Total Assets
-0.76%vs 20232023: £5.76M
Cash in Bank
65.03%vs 20232023: £429.76K
Total Liabilities
44.79%vs 20232023: £2.42M
Employees
-12vs 20232023: 38
In 2024, OSBORNE ENGINEERING LIMITED reported net assets of £1.15M. The same filing shows total assets of £5.72M, cash in bank of £709.24K and total liabilities of £3.50M. Reported headcount was 26 in 2024. Total Liabilities rose from £2.42M in 2023 to £3.50M in 2024 (44.79%). 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
-48.14%from £2.21M 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 OSBORNE ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-53.8%vs 2022-32% a year compound (CAGR)
Cash in Bank
+27%vs 2022+12.7% a year compound (CAGR)
Total Assets
-7%vs 2022-3.6% a year compound (CAGR)
Total Liabilities
+43.8%vs 2022+19.9% a year compound (CAGR)
Employees
-38.1%vs 2022-16Biggest increase
Total Liabilities+43.8%
£2.43M in 2022 to £3.50M in 2024
Biggest decrease
Net Assets-53.8%
£2.48M in 2022 to £1.15M in 2024
OSBORNE ENGINEERING 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OSBORNE 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
- 20.06%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
- 61.18%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
- 20.28%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
- 12.41%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 OSBORNE 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£ | 2.50M | 2.48M | 2.21M | 1.15M |
| Total Assets£ | 6.10M | 6.15M | 5.76M | 5.72M |
| Cash in Bank£ | 406.51K | 558.67K | 429.76K | 709.24K |
| Total Liabilities£ | 2.31M | 2.43M | 2.42M | 3.50M |
| Employees | 42 | 42 | 38 | 26 |
OSBORNE ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OSBORNE ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
OSBORNE ENGINEERING LIMITED reported net assets of £1.15M for 2024. That compares with £2.21M in 2023, a change of -48.14%.
OSBORNE ENGINEERING LIMITED reported total assets of £5.72M for 2024. That compares with £5.76M in 2023, a change of -0.76%.
OSBORNE ENGINEERING LIMITED reported cash in bank of £709.24K for 2024. That compares with £429.76K in 2023, a change of 65.03%.
OSBORNE ENGINEERING LIMITED reported 26 employees in 2024, compared with 38 in 2023.
Between 2022 and 2024, OSBORNE ENGINEERING LIMITED's net assets fell by 53.8%, cash in bank rose by 27%, total assets fell by 7% and total liabilities rose by 43.8%. Net assets contracted at 32% a year across the two years to 2024, from £2.48M to £1.15M. Reported headcount went from 42 in 2022 to 26 in 2024 (-16).
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.