P.M. MECHANICAL LIMITED Financials
- Company number
- 04340942CopyCopy
- Registered office
- 18 Risborrow Close, Etwall, Derby DE65 6HY
- Incorporated
- 14/12/2001
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
23.90%vs 20222022: £16.57K
Total Assets
70.75%vs 20222022: £35.84K
Total Liabilities
111.03%vs 20222022: £19.27K
Employees
0vs 20222022: 3
In 2023, P.M. MECHANICAL LIMITED reported net assets of £20.53K. The same filing shows total assets of £61.20K and total liabilities of £40.67K. Reported headcount was 3 in 2023. Total Assets rose from £35.84K in 2022 to £61.20K in 2023 (70.75%). Okredo holds filed figures for 2021–2023; 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
23.90%from £16.57K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures P.M. MECHANICAL LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-18.2%vs 2021-9.6% a year compound (CAGR)
Total Assets
+53%vs 2021+23.7% a year compound (CAGR)
Total Liabilities
+173%vs 2021+65.3% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+173%
£14.89K in 2021 to £40.67K in 2023
Biggest decrease
Net Assets-18.2%
£25.12K in 2021 to £20.53K in 2023
P.M. MECHANICAL LIMITED's filings pull in both directions between 2021 and 2023. 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 P.M. MECHANICAL 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
- 33.55%2023
- 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
- 66.45%2023
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for P.M. MECHANICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 25.12K | 16.57K | 20.53K |
| Total Assets£ | 40.01K | 35.84K | 61.20K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 14.89K | 19.27K | 40.67K |
| Employees | 3 | 3 | 3 |
P.M. MECHANICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for P.M. MECHANICAL LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
P.M. MECHANICAL LIMITED reported net assets of £20.53K for 2023. That compares with £16.57K in 2022, a change of 23.90%.
P.M. MECHANICAL LIMITED reported total assets of £61.20K for 2023. That compares with £35.84K in 2022, a change of 70.75%.
P.M. MECHANICAL LIMITED reported total liabilities of £40.67K for 2023. That compares with £19.27K in 2022, a change of 111.03%.
P.M. MECHANICAL LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, P.M. MECHANICAL LIMITED's net assets fell by 18.2%, total assets rose by 53%, total liabilities rose by 173% and employee numbers was unchanged. Net assets contracted at 9.6% a year across the two years to 2023, from £25.12K to £20.53K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.