P.A.L. ENGINEERING SERVICES LIMITED Financials
- Company number
- 03922296Copy
Copy - Registered office
- 33 Hornsby Square, Southfields Business Park, Basildon, Essex SS15 6SD
- Incorporated
- 09/02/2000
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
5.95%vs 20232023: £1.10M
Total Assets
10.23%vs 20232023: £1.18M
Cash in Bank
9.46%vs 20232023: £865.44K
Total Liabilities
64.10%vs 20232023: £87.03K
Employees
-1vs 20232023: 9
In 2024, P.A.L. ENGINEERING SERVICES LIMITED reported net assets of £1.16M. The same filing shows total assets of £1.30M, cash in bank of £947.27K and total liabilities of £142.81K. Reported headcount was 8 in 2024. Total Assets rose from £1.18M in 2023 to £1.30M in 2024 (10.23%). 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
5.95%from £1.10M 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 P.A.L. ENGINEERING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+11.4%vs 2022+5.6% a year compound (CAGR)
Cash in Bank
+14.8%vs 2022+7.2% a year compound (CAGR)
Total Assets
+17.1%vs 2022+8.2% a year compound (CAGR)
Total Liabilities
+99.8%vs 2022+41.3% a year compound (CAGR)
Employees
-11.1%vs 2022-1Biggest increase
Total Liabilities+99.8%
£71.48K in 2022 to £142.81K in 2024
Biggest decrease
Employees-11.1%
9 in 2022 to 8 in 2024
P.A.L. ENGINEERING SERVICES 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from P.A.L. ENGINEERING SERVICES 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
- 89.04%2024
- Liabilities to total assets
- 10.96%2024
- Cash to liabilities
- 663.30%2024
- Cash to total assets
- 72.70%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 P.A.L. ENGINEERING SERVICES 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£ | 993.06K | 1.04M | 1.10M | 1.16M |
| Total Assets£ | 1.11M | 1.11M | 1.18M | 1.30M |
| Cash in Bank£ | 818.96K | 824.86K | 865.44K | 947.27K |
| Total Liabilities£ | 115.63K | 71.48K | 87.03K | 142.81K |
| Employees | 9 | 9 | 9 | 8 |
P.A.L. ENGINEERING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has P.A.L. ENGINEERING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for P.A.L. ENGINEERING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did P.A.L. ENGINEERING SERVICES LIMITED report in 2024?
P.A.L. ENGINEERING SERVICES LIMITED reported net assets of £1.16M for 2024. That compares with £1.10M in 2023, a change of 5.95%.
What total assets did P.A.L. ENGINEERING SERVICES LIMITED report in 2024?
P.A.L. ENGINEERING SERVICES LIMITED reported total assets of £1.30M for 2024. That compares with £1.18M in 2023, a change of 10.23%.
What cash in bank did P.A.L. ENGINEERING SERVICES LIMITED report in 2024?
P.A.L. ENGINEERING SERVICES LIMITED reported cash in bank of £947.27K for 2024. That compares with £865.44K in 2023, a change of 9.46%.
How many people does P.A.L. ENGINEERING SERVICES LIMITED employ?
P.A.L. ENGINEERING SERVICES LIMITED reported 8 employees in 2024, compared with 9 in 2023.
How have P.A.L. ENGINEERING SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, P.A.L. ENGINEERING SERVICES LIMITED's net assets rose by 11.4%, cash in bank rose by 14.8%, total assets rose by 17.1% and total liabilities rose by 99.8%. Net assets compounded at 5.6% a year across the two years to 2024, from £1.04M to £1.16M. Reported headcount went from 9 in 2022 to 8 in 2024 (-1).
Which years of P.A.L. ENGINEERING SERVICES 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.