PRECONOMY LIMITED Financials
- Company number
- 03904224CopyCopy
- Registered office
- Unit 1b Long Stoop Way, Forest Town, Mansfield, Nottinghamshire NG19 0FQ
- Incorporated
- 11/01/2000
Company snapshot
- Status
- Active
- Employees
- 62 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
9.87%vs 20232023: £5.92M
Total Assets
14.48%vs 20232023: £8.52M
Cash in Bank
140.86%vs 20232023: £287.93K
Total Liabilities
25.00%vs 20232023: £2.60M
Employees
+4vs 20232023: 58
In 2024, PRECONOMY LIMITED reported net assets of £6.51M. The same filing shows total assets of £9.75M, cash in bank of £693.52K and total liabilities of £3.25M. Reported headcount was 62 in 2024. Total Assets rose from £8.52M in 2023 to £9.75M in 2024 (14.48%). 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
9.87%from £5.92M 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 PRECONOMY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+37.9%vs 2022+17.5% a year compound (CAGR)
Cash in Bank
+33.8%vs 2022+15.7% a year compound (CAGR)
Total Assets
+9.8%vs 2022+4.8% a year compound (CAGR)
Total Liabilities
-22%vs 2022-11.7% a year compound (CAGR)
Employees
+19.2%vs 2022+10Biggest increase
Net Assets+37.9%
£4.72M in 2022 to £6.51M in 2024
Biggest decrease
Total Liabilities-22%
£4.17M in 2022 to £3.25M in 2024
PRECONOMY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRECONOMY 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
- 66.70%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
- 33.30%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
- 21.36%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
- 7.11%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £210.44K2024
- 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 PRECONOMY 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£ | 3.51M | 4.72M | 5.92M | 6.51M |
| Total Assets£ | 6.16M | 8.88M | 8.52M | 9.75M |
| Cash in Bank£ | 614.32K | 518.37K | 287.93K | 693.52K |
| Total Liabilities£ | 2.65M | 4.17M | 2.60M | 3.25M |
| Employees | 46 | 52 | 58 | 62 |
PRECONOMY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRECONOMY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PRECONOMY LIMITED reported net assets of £6.51M for 2024. That compares with £5.92M in 2023, a change of 9.87%.
PRECONOMY LIMITED reported total assets of £9.75M for 2024. That compares with £8.52M in 2023, a change of 14.48%.
PRECONOMY LIMITED reported cash in bank of £693.52K for 2024. That compares with £287.93K in 2023, a change of 140.86%.
PRECONOMY LIMITED reported 62 employees in 2024, compared with 58 in 2023.
Between 2022 and 2024, PRECONOMY LIMITED's net assets rose by 37.9%, cash in bank rose by 33.8%, total assets rose by 9.8% and total liabilities fell by 22%. Net assets compounded at 17.5% a year across the two years to 2024, from £4.72M to £6.51M. Reported headcount went from 52 in 2022 to 62 in 2024 (+10).
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.