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PRECISION REFRIGERATION LIMITED Financials

Company number
04069159Copy
Copy
Registered office
Stephenson Way, Thetford, Norfolk IP24 3RU
Incorporated
11/09/2000

Company snapshot

Status
Active
Employees
54 (2025)
Latest financial data
2025
Accounts type
Full

Financial highlights

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

Net Assets

£7.84M2025
31.69%vs 2024

2024: £5.96M

Total Assets

£11.40M2025
20.40%vs 2024

2024: £9.47M

Cash in Bank

£5.41M2025
67.77%vs 2024

2024: £3.22M

Total Liabilities

£2.56M2025
8.79%vs 2024

2024: £2.36M

Employees

542025
+5vs 2024

2024: 49

In 2025, PRECISION REFRIGERATION LIMITED reported net assets of £7.84M. The same filing shows total assets of £11.40M, cash in bank of £5.41M and total liabilities of £2.56M. Reported headcount was 54 in 2025. Cash in Bank rose from £3.22M in 2024 to £5.41M in 2025 (67.77%). 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

£7.84M2025
31.69%from £5.96M 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 PRECISION REFRIGERATION LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£4.83M2023£7.84M2025
+62.4%vs 2023

+27.4% a year compound (CAGR)

Cash in Bank

£2.30M2023£5.41M2025
+136%vs 2023

+53.5% a year compound (CAGR)

Total Assets

£8.38M2023£11.40M2025
+36%vs 2023

+16.6% a year compound (CAGR)

Total Liabilities

£2.21M2023£2.56M2025
+16.1%vs 2023

+7.8% a year compound (CAGR)

Employees

492023542025
+10.2%vs 2023+5

Biggest increase

Cash in Bank+136%

£2.30M in 2023 to £5.41M in 2025

Every indicator Okredo holds for PRECISION REFRIGERATION LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PRECISION REFRIGERATION 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
68.78%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
22.49%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
210.85%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
47.42%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£177.37K2025
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PRECISION REFRIGERATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£3.37M3.92M4.83M5.96M7.84M
Total Assets£5.44M6.14M8.38M9.47M11.40M
Cash in Bank£826.26K2.07M2.30M3.22M5.41M
Total Liabilities£1.09M1.14M2.21M2.36M2.56M
Employees5850494954

PRECISION REFRIGERATION LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

PRECISION REFRIGERATION LIMITED reported net assets of £7.84M for 2025. That compares with £5.96M in 2024, a change of 31.69%.

PRECISION REFRIGERATION LIMITED reported total assets of £11.40M for 2025. That compares with £9.47M in 2024, a change of 20.40%.

PRECISION REFRIGERATION LIMITED reported cash in bank of £5.41M for 2025. That compares with £3.22M in 2024, a change of 67.77%.

PRECISION REFRIGERATION LIMITED reported 54 employees in 2025, compared with 49 in 2024.

Between 2023 and 2025, PRECISION REFRIGERATION LIMITED's net assets rose by 62.4%, cash in bank rose by 136%, total assets rose by 36% and total liabilities rose by 16.1%. Net assets compounded at 27.4% a year across the two years to 2025, from £4.83M to £7.84M. Reported headcount went from 49 in 2023 to 54 in 2025 (+5).

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.