PRIMARY ENGINEER LTD Financials
- Company number
- 05482383CopyCopy
- Registered office
- 9 Slater Terrace, Burnley, Lancashire BB11 1BU
- Incorporated
- 15/06/2005
Company snapshot
- Status
- Active
- Employees
- 35 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
1.55%vs 20242024: £419.96K
Total Assets
15.13%vs 20242024: £5.56K
Cash in Bank
-23.25%vs 20242024: £606.99K
Total Liabilities
28.74%vs 20222022: £418.71K
Employees
+5vs 20242024: 30
In 2025, PRIMARY ENGINEER LTD reported net assets of £426.47K. The same filing shows total assets of £6.40K, cash in bank of £465.84K and total liabilities of £539.04K. Reported headcount was 35 in 2025. Cash in Bank fell from £606.99K in 2024 to £465.84K in 2025 (-23.25%). 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
1.55%from £419.96K in 2024Year-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 PRIMARY ENGINEER LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+4%vs 2023+2% a year compound (CAGR)
Cash in Bank
-18.7%vs 2023-9.8% a year compound (CAGR)
Total Assets
-99.3%vs 2023-91.8% a year compound (CAGR)
Employees
+20.7%vs 2023+6Biggest increase
Employees+20.7%
29 in 2023 to 35 in 2025
Biggest decrease
Total Assets-99.3%
£954.80K in 2023 to £6.40K in 2025
PRIMARY ENGINEER LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRIMARY ENGINEER 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
- 6,665.69%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
- 56.46%2023
- 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
- 106.26%2023
- 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
- 7,280.99%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 PRIMARY ENGINEER LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 344.69K | 401.09K | 409.97K | 419.96K | 426.47K |
| Total Assets£ | 726.67K | 828.85K | 954.80K | 5.56K | 6.40K |
| Cash in Bank£ | 426.02K | 546.82K | 572.76K | 606.99K | 465.84K |
| Total Liabilities£ | 374.45K | 418.71K | 539.04K | – | – |
| Employees | 16 | 16 | 29 | 30 | 35 |
PRIMARY ENGINEER LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRIMARY ENGINEER LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PRIMARY ENGINEER LTD reported net assets of £426.47K for 2025. That compares with £419.96K in 2024, a change of 1.55%.
PRIMARY ENGINEER LTD reported total assets of £6.40K for 2025. That compares with £5.56K in 2024, a change of 15.13%.
PRIMARY ENGINEER LTD reported cash in bank of £465.84K for 2025. That compares with £606.99K in 2024, a change of -23.25%.
PRIMARY ENGINEER LTD reported 35 employees in 2025, compared with 30 in 2024.
Between 2023 and 2025, PRIMARY ENGINEER LTD's net assets rose by 4%, cash in bank fell by 18.7%, total assets fell by 99.3% and employee numbers rose by 20.7%. Net assets compounded at 2% a year across the two years to 2025, from £409.97K to £426.47K. Reported headcount went from 29 in 2023 to 35 in 2025 (+6).
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.