PRECON PRODUCTS LTD Financials
- Company number
- 06116510CopyCopy
- Registered office
- Fitzroy House, Crown Street, Ipswich, Suffolk IP1 3LG
- Incorporated
- 19/02/2007
Company snapshot
- Status
- Active
- Employees
- 113 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-4.18%vs 20232023: £15.07M
Total Assets
5.16%vs 20232023: £30.71M
Cash in Bank
-9.67%vs 20232023: £5.56M
Total Liabilities
9.40%vs 20232023: £13.69M
Employees
+11vs 20232023: 102
In 2024, PRECON PRODUCTS LTD reported net assets of £14.44M. The same filing shows total assets of £32.29M, cash in bank of £5.03M and total liabilities of £14.98M. Reported headcount was 113 in 2024. Total Assets rose from £30.71M in 2023 to £32.29M in 2024 (5.16%). 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
-4.18%from £15.07M 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 PRECON PRODUCTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+0.7%vs 2022+0.3% a year compound (CAGR)
Cash in Bank
-23%vs 2022-12.2% a year compound (CAGR)
Total Assets
-5.6%vs 2022-2.8% a year compound (CAGR)
Total Liabilities
-18.3%vs 2022-9.6% a year compound (CAGR)
Employees
+46.8%vs 2022+36Biggest increase
Employees+46.8%
77 in 2022 to 113 in 2024
Biggest decrease
Cash in Bank-23%
£6.52M in 2022 to £5.03M in 2024
PRECON PRODUCTS 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 PRECON PRODUCTS 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
- 44.73%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
- 46.38%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
- 33.56%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
- 15.56%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £717.40K2024
- 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 PRECON PRODUCTS 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£ | 10.54M | 14.34M | 15.07M | 14.44M |
| Total Assets£ | 27.00M | 34.21M | 30.71M | 32.29M |
| Cash in Bank£ | 5.08M | 6.52M | 5.56M | 5.03M |
| Total Liabilities£ | 16.46M | 18.33M | 13.69M | 14.98M |
| Employees | 69 | 77 | 102 | 113 |
PRECON PRODUCTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRECON PRODUCTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PRECON PRODUCTS LTD reported net assets of £14.44M for 2024. That compares with £15.07M in 2023, a change of -4.18%.
PRECON PRODUCTS LTD reported total assets of £32.29M for 2024. That compares with £30.71M in 2023, a change of 5.16%.
PRECON PRODUCTS LTD reported cash in bank of £5.03M for 2024. That compares with £5.56M in 2023, a change of -9.67%.
PRECON PRODUCTS LTD reported 113 employees in 2024, compared with 102 in 2023.
Between 2022 and 2024, PRECON PRODUCTS LTD's net assets rose by 0.7%, cash in bank fell by 23%, total assets fell by 5.6% and total liabilities fell by 18.3%. Net assets compounded at 0.3% a year across the two years to 2024, from £14.34M to £14.44M. Reported headcount went from 77 in 2022 to 113 in 2024 (+36).
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.