SHORE ENGINEERING LIMITED Financials
- Company number
- 04563547CopyCopy
- Registered office
- Socotec House Bretby Business Park, Bretby, Burton-On-Trent, Derbyshire DE15 0YZ
- Incorporated
- 15/10/2002
Company snapshot
- Status
- Active
- Employees
- 32 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
34.41%vs 20232023: £2.92M
Total Assets
12.20%vs 20232023: £4.24M
Cash in Bank
-42.80%vs 20232023: £370.46K
Total Liabilities
-39.33%vs 20232023: £1.17M
Employees
-22vs 20232023: 54
In 2024, SHORE ENGINEERING LIMITED reported net assets of £3.93M. The same filing shows total assets of £4.75M, cash in bank of £211.91K and total liabilities of £708.22K. Reported headcount was 32 in 2024. Net Assets rose from £2.92M in 2023 to £3.93M in 2024 (34.41%). Okredo holds filed figures for 2021–2024; 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
34.41%from £2.92M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SHORE ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+145%vs 2022+56.4% a year compound (CAGR)
Cash in Bank
-86.8%vs 2022-63.7% a year compound (CAGR)
Total Assets
+78%vs 2022+33.4% a year compound (CAGR)
Total Liabilities
-19.7%vs 2022-10.4% a year compound (CAGR)
Employees
-40.7%vs 2022-22Biggest increase
Net Assets+145%
£1.61M in 2022 to £3.93M in 2024
Biggest decrease
Cash in Bank-86.8%
£1.61M in 2022 to £211.91K in 2024
SHORE ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. 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 SHORE 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
- 82.71%2024
- 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
- 14.90%2024
- 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
- 29.92%2024
- 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
- 4.46%2024
- 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 SHORE ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.81M | 1.61M | 2.92M | 3.93M |
| Total Assets£ | 3.09M | 2.67M | 4.24M | 4.75M |
| Cash in Bank£ | 1.85M | 1.61M | 370.46K | 211.91K |
| Total Liabilities£ | 1.12M | 881.72K | 1.17M | 708.22K |
| Employees | 48 | 54 | 54 | 32 |
SHORE ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SHORE ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SHORE ENGINEERING LIMITED reported net assets of £3.93M for 2024. That compares with £2.92M in 2023, a change of 34.41%.
SHORE ENGINEERING LIMITED reported total assets of £4.75M for 2024. That compares with £4.24M in 2023, a change of 12.20%.
SHORE ENGINEERING LIMITED reported cash in bank of £211.91K for 2024. That compares with £370.46K in 2023, a change of -42.80%.
SHORE ENGINEERING LIMITED reported 32 employees in 2024, compared with 54 in 2023.
Between 2022 and 2024, SHORE ENGINEERING LIMITED's net assets rose by 145%, cash in bank fell by 86.8%, total assets rose by 78% and total liabilities fell by 19.7%. Net assets compounded at 56.4% a year across the two years to 2024, from £1.61M to £3.93M. Reported headcount went from 54 in 2022 to 32 in 2024 (-22).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.