S.L. PRECISION ENGINEERS LIMITED Financials
- Company number
- 02642479CopyCopy
- Registered office
- 22-24 Brunel Way, Thetford, Norfolk IP24 1HP
- Incorporated
- 03/09/1991
Company snapshot
- Status
- Active
- Employees
- 32 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-6.77%vs 20242024: £1.54M
Total Assets
-3.76%vs 20242024: £3.15M
Cash in Bank
85.26%vs 20242024: £146.77K
Total Liabilities
-0.89%vs 20242024: £1.61M
Employees
+1vs 20242024: 31
In 2025, S.L. PRECISION ENGINEERS LIMITED reported net assets of £1.44M. The same filing shows total assets of £3.03M, cash in bank of £271.91K and total liabilities of £1.60M. Reported headcount was 32 in 2025. Cash in Bank rose from £146.77K in 2024 to £271.91K in 2025 (85.26%). 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
-6.77%from £1.54M 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 S.L. PRECISION ENGINEERS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-8.9%vs 2023-4.6% a year compound (CAGR)
Cash in Bank
-1.3%vs 2023-0.7% a year compound (CAGR)
Total Assets
-6%vs 2023-3% a year compound (CAGR)
Total Liabilities
-3.2%vs 2023-1.6% a year compound (CAGR)
Employees
+10.3%vs 2023+3Biggest increase
Employees+10.3%
29 in 2023 to 32 in 2025
Biggest decrease
Net Assets-8.9%
£1.58M in 2023 to £1.44M in 2025
S.L. PRECISION ENGINEERS LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from S.L. PRECISION ENGINEERS 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
- 47.33%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
- 52.67%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
- 17.02%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
- 8.97%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 S.L. PRECISION ENGINEERS 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£ | 1.03M | 1.42M | 1.58M | 1.54M | 1.44M |
| Total Assets£ | 2.40M | 3.06M | 3.23M | 3.15M | 3.03M |
| Cash in Bank£ | 305.18K | 425.30K | 275.62K | 146.77K | 271.91K |
| Total Liabilities£ | 1.36M | 1.64M | 1.65M | 1.61M | 1.60M |
| Employees | 23 | 25 | 29 | 31 | 32 |
S.L. PRECISION ENGINEERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for S.L. PRECISION ENGINEERS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
S.L. PRECISION ENGINEERS LIMITED reported net assets of £1.44M for 2025. That compares with £1.54M in 2024, a change of -6.77%.
S.L. PRECISION ENGINEERS LIMITED reported total assets of £3.03M for 2025. That compares with £3.15M in 2024, a change of -3.76%.
S.L. PRECISION ENGINEERS LIMITED reported cash in bank of £271.91K for 2025. That compares with £146.77K in 2024, a change of 85.26%.
S.L. PRECISION ENGINEERS LIMITED reported 32 employees in 2025, compared with 31 in 2024.
Between 2023 and 2025, S.L. PRECISION ENGINEERS LIMITED's net assets fell by 8.9%, cash in bank fell by 1.3%, total assets fell by 6% and total liabilities fell by 3.2%. Net assets contracted at 4.6% a year across the two years to 2025, from £1.58M to £1.44M. Reported headcount went from 29 in 2023 to 32 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.