PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED Financials
- Company number
- 03844095Copy
Copy - Registered office
- Unit 4 Alverdiscott Road Industrial Estate Unit 4, Alverdiscott Road Industrial Estate, Bideford, Devon EX39 4LQ
- Incorporated
- 20/09/1999
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
5.90%vs 20242024: £2.50M
Total Assets
-3.47%vs 20242024: £3.28M
Cash in Bank
-5.62%vs 20242024: £291.32K
Total Liabilities
-33.19%vs 20242024: £786.54K
Employees
0vs 20242024: 18
In 2025, PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED reported net assets of £2.64M. The same filing shows total assets of £3.17M, cash in bank of £274.95K and total liabilities of £525.45K. Reported headcount was 18 in 2025. Total Liabilities fell from £786.54K in 2024 to £525.45K in 2025 (-33.19%). 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
5.90%from £2.50M 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 PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+20.8%vs 2023+9.9% a year compound (CAGR)
Cash in Bank
-78.1%vs 2023-53.2% a year compound (CAGR)
Total Assets
+8.9%vs 2023+4.3% a year compound (CAGR)
Total Liabilities
-27.3%vs 2023-14.8% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+20.8%
£2.19M in 2023 to £2.64M in 2025
Biggest decrease
Cash in Bank-78.1%
£1.26M in 2023 to £274.95K in 2025
PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 PRODUCT ASSESSMENT AND RELIABILITY CENTRE 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
- 83.42%2025
- Liabilities to total assets
- 16.58%2025
- Cash to liabilities
- 52.33%2025
- Cash to total assets
- 8.68%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED 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£ | 1.81M | 2.03M | 2.19M | 2.50M | 2.64M |
| Total Assets£ | 2.70M | 2.86M | 2.91M | 3.28M | 3.17M |
| Cash in Bank£ | 1.23M | 1.22M | 1.26M | 291.32K | 274.95K |
| Total Liabilities£ | 881.55K | 823.03K | 723.17K | 786.54K | 525.45K |
| Employees | 18 | 18 | 18 | 18 | 18 |
PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED filed financial statements?
Yes. Okredo holds filed figures for PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED report in 2025?
PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED reported net assets of £2.64M for 2025. That compares with £2.50M in 2024, a change of 5.90%.
What total assets did PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED report in 2025?
PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED reported total assets of £3.17M for 2025. That compares with £3.28M in 2024, a change of -3.47%.
What cash in bank did PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED report in 2025?
PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED reported cash in bank of £274.95K for 2025. That compares with £291.32K in 2024, a change of -5.62%.
How many people does PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED employ?
PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED reported 18 employees in 2025, compared with 18 in 2024.
How have PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED financials changed over the last 3 years?
Between 2023 and 2025, PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED's net assets rose by 20.8%, cash in bank fell by 78.1%, total assets rose by 8.9% and total liabilities fell by 27.3%. Net assets compounded at 9.9% a year across the two years to 2025, from £2.19M to £2.64M. Reported headcount went from 18 in 2023 to 18 in 2025.
Which years of PRODUCT ASSESSMENT AND RELIABILITY CENTRE LIMITED financial data are available?
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.