PB ENGINEERING SOLUTIONS LIMITED Financials
- Company number
- 07459069Copy
Copy - Registered office
- Office 614 Hangar 2, Farnborough Airport, Farnborough, Hampshire GU14 6XA
- Incorporated
- 02/12/2010
Company snapshot
- Status
- Active
- Employees
- 32 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-57.17%vs 20232023: £427.18K
Total Assets
-12.68%vs 20232023: £1.55M
Cash in Bank
-4.60%vs 20232023: £482.45K
Total Liabilities
4.47%vs 20232023: £1.05M
Employees
+4vs 20232023: 28
In 2024, PB ENGINEERING SOLUTIONS LIMITED reported net assets of £182.98K. The same filing shows total assets of £1.35M, cash in bank of £460.24K and total liabilities of £1.09M. Reported headcount was 32 in 2024. Net Assets fell from £427.18K in 2023 to £182.98K in 2024 (-57.17%). 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
-57.17%from £427.18K 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 PB ENGINEERING SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-39.3%vs 2022-22.1% a year compound (CAGR)
Cash in Bank
+55.8%vs 2022+24.8% a year compound (CAGR)
Total Assets
+9.9%vs 2022+4.8% a year compound (CAGR)
Total Liabilities
+28.5%vs 2022+13.4% a year compound (CAGR)
Employees
+14.3%vs 2022+4Biggest increase
Cash in Bank+55.8%
£295.46K in 2022 to £460.24K in 2024
Biggest decrease
Net Assets-39.3%
£301.22K in 2022 to £182.98K in 2024
PB ENGINEERING SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 PB ENGINEERING SOLUTIONS 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
- 13.53%2024
- Liabilities to total assets
- 80.83%2024
- Cash to liabilities
- 42.09%2024
- Cash to total assets
- 34.02%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 PB ENGINEERING SOLUTIONS 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£ | 221.86K | 301.22K | 427.18K | 182.98K |
| Total Assets£ | 1.13M | 1.23M | 1.55M | 1.35M |
| Cash in Bank£ | 258.18K | 295.46K | 482.45K | 460.24K |
| Total Liabilities£ | 809.15K | 850.62K | 1.05M | 1.09M |
| Employees | 24 | 28 | 28 | 32 |
PB ENGINEERING SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PB ENGINEERING SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for PB ENGINEERING SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PB ENGINEERING SOLUTIONS LIMITED report in 2024?
PB ENGINEERING SOLUTIONS LIMITED reported net assets of £182.98K for 2024. That compares with £427.18K in 2023, a change of -57.17%.
What total assets did PB ENGINEERING SOLUTIONS LIMITED report in 2024?
PB ENGINEERING SOLUTIONS LIMITED reported total assets of £1.35M for 2024. That compares with £1.55M in 2023, a change of -12.68%.
What cash in bank did PB ENGINEERING SOLUTIONS LIMITED report in 2024?
PB ENGINEERING SOLUTIONS LIMITED reported cash in bank of £460.24K for 2024. That compares with £482.45K in 2023, a change of -4.60%.
How many people does PB ENGINEERING SOLUTIONS LIMITED employ?
PB ENGINEERING SOLUTIONS LIMITED reported 32 employees in 2024, compared with 28 in 2023.
How have PB ENGINEERING SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, PB ENGINEERING SOLUTIONS LIMITED's net assets fell by 39.3%, cash in bank rose by 55.8%, total assets rose by 9.9% and total liabilities rose by 28.5%. Net assets contracted at 22.1% a year across the two years to 2024, from £301.22K to £182.98K. Reported headcount went from 28 in 2022 to 32 in 2024 (+4).
Which years of PB ENGINEERING SOLUTIONS 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.