P.S. AUTO GRINDING LIMITED Financials
- Company number
- SC214767CopyCopy
- Industry
- Agents involved in the sale of machinery industrial equipment ships and aircraft (46.14 - SIC 2007)
- Registered office
- 1 Cambuslang Court, Cambuslang, Glasgow, Strathclyde G32 8FH
- Incorporated
- 16/01/2001
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-51.04%vs 20232023: £1.21M
Total Assets
-53.28%vs 20232023: £7.80M
Cash in Bank
-41.34%vs 20232023: £825.05K
Total Liabilities
-53.69%vs 20232023: £6.59M
Employees
-1vs 20232023: 17
In 2024, P.S. AUTO GRINDING LIMITED reported net assets of £592.65K. The same filing shows total assets of £3.65M, cash in bank of £483.94K and total liabilities of £3.05M. Reported headcount was 16 in 2024. Total Assets fell from £7.80M in 2023 to £3.65M in 2024 (-53.28%). 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
-51.04%from £1.21M 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 P.S. AUTO GRINDING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-57.6%vs 2022-34.9% a year compound (CAGR)
Cash in Bank
-17.2%vs 2022-9% a year compound (CAGR)
Total Assets
-41.8%vs 2022-23.7% a year compound (CAGR)
Total Liabilities
-37.3%vs 2022-20.8% a year compound (CAGR)
Employees
+6.7%vs 2022+1Biggest increase
Employees+6.7%
15 in 2022 to 16 in 2024
Biggest decrease
Net Assets-57.6%
£1.40M in 2022 to £592.65K in 2024
P.S. AUTO GRINDING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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.S. AUTO GRINDING 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
- 16.26%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
- 83.74%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
- 15.85%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
- 13.28%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 P.S. AUTO GRINDING 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£ | 3.03M | 1.40M | 1.21M | 592.65K |
| Total Assets£ | 9.08M | 6.26M | 7.80M | 3.65M |
| Cash in Bank£ | 1.88M | 584.37K | 825.05K | 483.94K |
| Total Liabilities£ | 4.95M | 4.87M | 6.59M | 3.05M |
| Employees | 15 | 15 | 17 | 16 |
P.S. AUTO GRINDING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for P.S. AUTO GRINDING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
P.S. AUTO GRINDING LIMITED reported net assets of £592.65K for 2024. That compares with £1.21M in 2023, a change of -51.04%.
P.S. AUTO GRINDING LIMITED reported total assets of £3.65M for 2024. That compares with £7.80M in 2023, a change of -53.28%.
P.S. AUTO GRINDING LIMITED reported cash in bank of £483.94K for 2024. That compares with £825.05K in 2023, a change of -41.34%.
P.S. AUTO GRINDING LIMITED reported 16 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, P.S. AUTO GRINDING LIMITED's net assets fell by 57.6%, cash in bank fell by 17.2%, total assets fell by 41.8% and total liabilities fell by 37.3%. Net assets contracted at 34.9% a year across the two years to 2024, from £1.40M to £592.65K. Reported headcount went from 15 in 2022 to 16 in 2024 (+1).
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.