QUALITY & ENGINEERING RESOURCES LIMITED Financials
- Company number
- 04418308CopyCopy
- Registered office
- 1623 Warwick Road Knowle, Solihull, West Midlands B93 9LF
- Incorporated
- 16/04/2002
Company snapshot
- Status
- Active
- Employees
- 2 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-49.28%vs 20242024: £36.48K
Total Assets
-43.77%vs 20242024: £55.38K
Cash in Bank
-35.69%vs 20242024: £39.54K
Total Liabilities
-33.15%vs 20242024: £18.91K
Employees
-1vs 20242024: 3
In 2025, QUALITY & ENGINEERING RESOURCES LIMITED reported net assets of £18.50K. The same filing shows total assets of £31.14K, cash in bank of £25.43K and total liabilities of £12.64K. Reported headcount was 2 in 2025. Total Assets fell from £55.38K in 2024 to £31.14K in 2025 (-43.77%). 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
-49.28%from £36.48K 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 QUALITY & ENGINEERING RESOURCES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-51.9%vs 2023-30.6% a year compound (CAGR)
Cash in Bank
-21.2%vs 2023-11.3% a year compound (CAGR)
Total Assets
-37.8%vs 2023-21.1% a year compound (CAGR)
Total Liabilities
+8.8%vs 2023+4.3% a year compound (CAGR)
Employees
-33.3%vs 2023-1Biggest increase
Total Liabilities+8.8%
£11.62K in 2023 to £12.64K in 2025
Biggest decrease
Net Assets-51.9%
£38.45K in 2023 to £18.50K in 2025
QUALITY & ENGINEERING RESOURCES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QUALITY & ENGINEERING RESOURCES 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
- 59.41%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
- 40.59%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
- 201.22%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
- 81.67%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 QUALITY & ENGINEERING RESOURCES 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£ | 29.43K | 47.65K | 38.45K | 36.48K | 18.50K |
| Total Assets£ | 60.92K | 60.94K | 50.07K | 55.38K | 31.14K |
| Cash in Bank£ | 33.47K | 41.12K | 32.29K | 39.54K | 25.43K |
| Total Liabilities£ | 31.49K | 13.29K | 11.62K | 18.91K | 12.64K |
| Employees | 3 | 3 | 3 | 3 | 2 |
QUALITY & ENGINEERING RESOURCES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for QUALITY & ENGINEERING RESOURCES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
QUALITY & ENGINEERING RESOURCES LIMITED reported net assets of £18.50K for 2025. That compares with £36.48K in 2024, a change of -49.28%.
QUALITY & ENGINEERING RESOURCES LIMITED reported total assets of £31.14K for 2025. That compares with £55.38K in 2024, a change of -43.77%.
QUALITY & ENGINEERING RESOURCES LIMITED reported cash in bank of £25.43K for 2025. That compares with £39.54K in 2024, a change of -35.69%.
QUALITY & ENGINEERING RESOURCES LIMITED reported 2 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, QUALITY & ENGINEERING RESOURCES LIMITED's net assets fell by 51.9%, cash in bank fell by 21.2%, total assets fell by 37.8% and total liabilities rose by 8.8%. Net assets contracted at 30.6% a year across the two years to 2025, from £38.45K to £18.50K. Reported headcount went from 3 in 2023 to 2 in 2025 (-1).
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.