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PETERSEN STAINLESS RIGGING LIMITED Financials

Company number
01372922Copy
Copy
Registered office
Cowen Road, Blaydon On Tyne, Tyne & Wear NE21 5TW
Incorporated
12/06/1978

Company snapshot

Status
Active
Employees
0 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£1.71M2025
0.91%vs 2024

2024: £1.70M

Total Assets

£3.28M2025
-3.79%vs 2024

2024: £3.41M

Cash in Bank

£75.80K2025
214.30%vs 2024

2024: £24.12K

Total Liabilities

£478.80K2025
-30.23%vs 2024

2024: £686.24K

Employees

02025
0vs 2024

2024: 0

In 2025, PETERSEN STAINLESS RIGGING LIMITED reported net assets of £1.71M. The same filing shows total assets of £3.28M, cash in bank of £75.80K and total liabilities of £478.80K. Reported headcount was 0 in 2025. Total Liabilities fell from £686.24K in 2024 to £478.80K in 2025 (-30.23%). Okredo holds filed figures for 2021–2025; 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

£1.71M2025
0.91%from £1.70M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures PETERSEN STAINLESS RIGGING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.68M2023£1.71M2025
+1.8%vs 2023

+0.9% a year compound (CAGR)

Cash in Bank

£6.95K2023£75.80K2025
+990%vs 2023

+230% a year compound (CAGR)

Total Assets

£3.56M2023£3.28M2025
-7.9%vs 2023

-4% a year compound (CAGR)

Total Liabilities

£814.45K2023£478.80K2025
-41.2%vs 2023

-23.3% a year compound (CAGR)

Employees

56202302025
-100%vs 2023-56

Biggest increase

Cash in Bank+990%

£6.95K in 2023 to £75.80K in 2025

Biggest decrease

Employees-100%

56 in 2023 to 0 in 2025

PETERSEN STAINLESS RIGGING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PETERSEN STAINLESS RIGGING 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
52.18%2025
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
14.59%2025
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
15.83%2025
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
2.31%2025
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 PETERSEN STAINLESS RIGGING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.59M1.73M1.68M1.70M1.71M
Total Assets£3.82M3.85M3.56M3.41M3.28M
Cash in Bank£7.04K6.93K6.95K24.12K75.80K
Total Liabilities£1.05M1.02M814.45K686.24K478.80K
Employees49515600

PETERSEN STAINLESS RIGGING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PETERSEN STAINLESS RIGGING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

PETERSEN STAINLESS RIGGING LIMITED reported net assets of £1.71M for 2025. That compares with £1.70M in 2024, a change of 0.91%.

PETERSEN STAINLESS RIGGING LIMITED reported total assets of £3.28M for 2025. That compares with £3.41M in 2024, a change of -3.79%.

PETERSEN STAINLESS RIGGING LIMITED reported cash in bank of £75.80K for 2025. That compares with £24.12K in 2024, a change of 214.30%.

PETERSEN STAINLESS RIGGING LIMITED reported 0 employees in 2025, compared with 0 in 2024.

Between 2023 and 2025, PETERSEN STAINLESS RIGGING LIMITED's net assets rose by 1.8%, cash in bank rose by 990%, total assets fell by 7.9% and total liabilities fell by 41.2%. Net assets compounded at 0.9% a year across the two years to 2025, from £1.68M to £1.71M. Reported headcount went from 56 in 2023 to 0 in 2025 (-56).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.