QUALITY COMPONENT ENGINEERING LIMITED Financials
- Company number
- 03654531CopyCopy
- Registered office
- C/O Francis Clark Llp Melville Building East, Unit 18, 23 Royal William Yard, Plymouth, Devon PL1 3GW
- Incorporated
- 22/10/1998
Company snapshot
- Status
- Active
- Employees
- 26 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
6.12%vs 20242024: £234.40K
Total Assets
39.98%vs 20242024: £188.96K
Cash in Bank
4.26%vs 20242024: £250.10K
Total Liabilities
First reported yearEmployees
+1vs 20242024: 25
In 2025, QUALITY COMPONENT ENGINEERING LIMITED reported net assets of £248.74K. The same filing shows total assets of £264.51K, cash in bank of £260.75K and total liabilities of £695.74K. Reported headcount was 26 in 2025. Total Assets rose from £188.96K in 2024 to £264.51K in 2025 (39.98%). 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
6.12%from £234.40K 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 COMPONENT ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+22.9%vs 2023+10.9% a year compound (CAGR)
Cash in Bank
+132%vs 2023+52.2% a year compound (CAGR)
Total Assets
+46.8%vs 2023+21.2% a year compound (CAGR)
Employees
+13%vs 2023+3Biggest increase
Cash in Bank+132%
£112.57K in 2023 to £260.75K in 2025
Every indicator Okredo holds for QUALITY COMPONENT ENGINEERING LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QUALITY COMPONENT ENGINEERING 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
- 94.04%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
- 78.25%2021
- 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
- 34.31%2021
- 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
- 98.58%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 COMPONENT ENGINEERING 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£ | 193.36K | 201.60K | 202.33K | 234.40K | 248.74K |
| Total Assets£ | 889.10K | 211.24K | 180.13K | 188.96K | 264.51K |
| Cash in Bank£ | 238.73K | 733.62K | 112.57K | 250.10K | 260.75K |
| Total Liabilities£ | 695.74K | – | – | – | – |
| Employees | 25 | 24 | 23 | 25 | 26 |
QUALITY COMPONENT ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for QUALITY COMPONENT ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
QUALITY COMPONENT ENGINEERING LIMITED reported net assets of £248.74K for 2025. That compares with £234.40K in 2024, a change of 6.12%.
QUALITY COMPONENT ENGINEERING LIMITED reported total assets of £264.51K for 2025. That compares with £188.96K in 2024, a change of 39.98%.
QUALITY COMPONENT ENGINEERING LIMITED reported cash in bank of £260.75K for 2025. That compares with £250.10K in 2024, a change of 4.26%.
QUALITY COMPONENT ENGINEERING LIMITED reported 26 employees in 2025, compared with 25 in 2024.
Between 2023 and 2025, QUALITY COMPONENT ENGINEERING LIMITED's net assets rose by 22.9%, cash in bank rose by 132%, total assets rose by 46.8% and employee numbers rose by 13%. Net assets compounded at 10.9% a year across the two years to 2025, from £202.33K to £248.74K. Reported headcount went from 23 in 2023 to 26 in 2025 (+3).
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.