PANEL EDGE PRODUCTS LIMITED Financials
- Company number
- 02742698CopyCopy
- Registered office
- Seeleys Road, Tyseley, Birmingham. B11 2LQ
- Incorporated
- 25/08/1992
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
10.65%vs 20232023: £193.82K
Total Assets
-10.88%vs 20232023: £1.27M
Cash in Bank
-76.32%vs 20232023: £7.02K
Total Liabilities
-14.76%vs 20232023: £1.07M
Employees
0vs 20232023: 3
In 2024, PANEL EDGE PRODUCTS LIMITED reported net assets of £214.46K. The same filing shows total assets of £1.13M, cash in bank of £1.66K and total liabilities of £915.78K. Reported headcount was 3 in 2024. Total Liabilities fell from £1.07M in 2023 to £915.78K in 2024 (-14.76%). 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
10.65%from £193.82K 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 PANEL EDGE PRODUCTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-29%vs 2022-15.7% a year compound (CAGR)
Total Assets
-18.8%vs 2022-9.9% a year compound (CAGR)
Total Liabilities
-16%vs 2022-8.3% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-29%
£301.97K in 2022 to £214.46K in 2024
Every measure that changed in PANEL EDGE PRODUCTS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PANEL EDGE PRODUCTS 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
- 18.97%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
- 81.03%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
- 0.18%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
- 0.15%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 PANEL EDGE PRODUCTS 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£ | 450.67K | 301.97K | 193.82K | 214.46K |
| Total Assets£ | 1.60M | 1.39M | 1.27M | 1.13M |
| Cash in Bank£ | 36.14K | – | 7.02K | 1.66K |
| Total Liabilities£ | 1.15M | 1.09M | 1.07M | 915.78K |
| Employees | 22 | 3 | 3 | 3 |
PANEL EDGE PRODUCTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PANEL EDGE PRODUCTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PANEL EDGE PRODUCTS LIMITED reported net assets of £214.46K for 2024. That compares with £193.82K in 2023, a change of 10.65%.
PANEL EDGE PRODUCTS LIMITED reported total assets of £1.13M for 2024. That compares with £1.27M in 2023, a change of -10.88%.
PANEL EDGE PRODUCTS LIMITED reported cash in bank of £1.66K for 2024. That compares with £7.02K in 2023, a change of -76.32%.
PANEL EDGE PRODUCTS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, PANEL EDGE PRODUCTS LIMITED's net assets fell by 29%, total assets fell by 18.8%, total liabilities fell by 16% and employee numbers was unchanged. Net assets contracted at 15.7% a year across the two years to 2024, from £301.97K to £214.46K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.