SMITH ENGINEERING (GB) LIMITED Financials
- Company number
- 04812219CopyCopy
- Registered office
- Solway Industrial Estate, Maryport, Cumbria CA15 8NF
- Incorporated
- 26/06/2003
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
104.97%vs 20232023: £5.61K
Total Assets
21.66%vs 20232023: £40.71K
Total Liabilities
1.91%vs 20232023: £28.87K
Employees
0vs 20232023: 3
In 2024, SMITH ENGINEERING (GB) LIMITED reported net assets of £11.51K. The same filing shows total assets of £49.53K and total liabilities of £29.42K. Reported headcount was 3 in 2024. Total Assets rose from £40.71K in 2023 to £49.53K in 2024 (21.66%). 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
104.97%from £5.61K 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 SMITH ENGINEERING (GB) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-79.8%vs 2022-55.1% a year compound (CAGR)
Total Assets
-0.5%vs 2022-0.2% a year compound (CAGR)
Total Liabilities
Increasedvs 2022Employees
0%vs 2022Biggest decrease
Net Assets-79.8%
£57.10K in 2022 to £11.51K in 2024
SMITH ENGINEERING (GB) LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SMITH ENGINEERING (GB) 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
- 23.23%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
- 59.39%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SMITH ENGINEERING (GB) 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£ | 95.83K | 57.10K | 5.61K | 11.51K |
| Total Assets£ | 7.45K | 49.76K | 40.71K | 49.53K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | -97.05K | -14.27K | 28.87K | 29.42K |
| Employees | 3 | 3 | 3 | 3 |
SMITH ENGINEERING (GB) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SMITH ENGINEERING (GB) LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
SMITH ENGINEERING (GB) LIMITED reported net assets of £11.51K for 2024. That compares with £5.61K in 2023, a change of 104.97%.
SMITH ENGINEERING (GB) LIMITED reported total assets of £49.53K for 2024. That compares with £40.71K in 2023, a change of 21.66%.
SMITH ENGINEERING (GB) LIMITED reported total liabilities of £29.42K for 2024. That compares with £28.87K in 2023, a change of 1.91%.
SMITH ENGINEERING (GB) LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, SMITH ENGINEERING (GB) LIMITED's net assets fell by 79.8%, total assets fell by 0.5% and employee numbers was unchanged. Net assets contracted at 55.1% a year across the two years to 2024, from £57.10K to £11.51K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.