PAK ENGINEERING GROUP LTD Financials
- Company number
- 09120033Copy
Copy - Registered office
- Unit 2b, Snetterton Park Harling Road, Snetterton, Norwich, Norfolk NR16 2JU
- Incorporated
- 08/07/2014
Company snapshot
- Status
- Active
- Employees
- 67 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
13.23%vs 20232023: £-182.45K
Total Assets
1.90%vs 20232023: £10.35M
Cash in Bank
-68.45%vs 20232023: £36.72K
Total Liabilities
1.64%vs 20232023: £10.53M
Employees
+7vs 20232023: 60
In 2024, PAK ENGINEERING GROUP LTD reported net assets of £-158.30K. The same filing shows total assets of £10.54M, cash in bank of £11.59K and total liabilities of £10.70M. Reported headcount was 67 in 2024. Total Assets rose from £10.35M in 2023 to £10.54M in 2024 (1.90%). 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
13.23%from £-182.45K 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 PAK ENGINEERING GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-95.3%vs 2022-78.4% a year compound (CAGR)
Total Assets
-1.9%vs 2022-1% a year compound (CAGR)
Total Liabilities
-2.1%vs 2022-1% a year compound (CAGR)
Employees
+2133%vs 2022+64Biggest increase
Employees+2133%
3 in 2022 to 67 in 2024
Biggest decrease
Cash in Bank-95.3%
£248.30K in 2022 to £11.59K in 2024
PAK ENGINEERING GROUP LTD'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PAK ENGINEERING GROUP LTD'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
- -1.50%2024
- Liabilities to total assets
- 101.50%2024
- Cash to liabilities
- 0.11%2024
- Cash to total assets
- 0.11%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 PAK ENGINEERING GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -207.37K | -175.04K | -182.45K | -158.30K |
| Total Assets£ | 9.94M | 10.75M | 10.35M | 10.54M |
| Cash in Bank£ | 186.05K | 248.30K | 36.72K | 11.59K |
| Total Liabilities£ | 10.15M | 10.93M | 10.53M | 10.70M |
| Employees | 3 | 3 | 60 | 67 |
PAK ENGINEERING GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has PAK ENGINEERING GROUP LTD filed financial statements?
Yes. Okredo holds filed figures for PAK ENGINEERING GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PAK ENGINEERING GROUP LTD report in 2024?
PAK ENGINEERING GROUP LTD reported net assets of £-158.30K for 2024. That compares with £-182.45K in 2023, a change of 13.23%.
What total assets did PAK ENGINEERING GROUP LTD report in 2024?
PAK ENGINEERING GROUP LTD reported total assets of £10.54M for 2024. That compares with £10.35M in 2023, a change of 1.90%.
What cash in bank did PAK ENGINEERING GROUP LTD report in 2024?
PAK ENGINEERING GROUP LTD reported cash in bank of £11.59K for 2024. That compares with £36.72K in 2023, a change of -68.45%.
How many people does PAK ENGINEERING GROUP LTD employ?
PAK ENGINEERING GROUP LTD reported 67 employees in 2024, compared with 60 in 2023.
How have PAK ENGINEERING GROUP LTD financials changed over the last 3 years?
Between 2022 and 2024, PAK ENGINEERING GROUP LTD's cash in bank fell by 95.3%, total assets fell by 1.9%, total liabilities fell by 2.1% and employee numbers rose by 2133%. Cash in bank contracted at 78.4% a year across the two years to 2024, from £248.30K to £11.59K. Reported headcount went from 3 in 2022 to 67 in 2024 (+64).
Which years of PAK ENGINEERING GROUP LTD 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.