SURFACE FINISHING ENGINEERING LIMITED Financials
- Company number
- 06580536CopyCopy
- Registered office
- Second Floor, West Wing 10 Harborne Road, Edgbaston, Birmingham B15 3AA
- Incorporated
- 30/04/2008
Company snapshot
- Status
- Active
- Employees
- 33 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
20.59%vs 20222022: £1.39M
Total Assets
11.34%vs 20222022: £4.44M
Cash in Bank
Increasedvs 20212021: £10.00
Total Liabilities
7.12%vs 20222022: £3.05M
Employees
+1vs 20222022: 32
In 2023, SURFACE FINISHING ENGINEERING LIMITED reported net assets of £1.68M. The same filing shows total assets of £4.95M, cash in bank of £332.94K and total liabilities of £3.27M. Reported headcount was 33 in 2023. Total Assets rose from £4.44M in 2022 to £4.95M in 2023 (11.34%). Okredo holds filed figures for 2021–2023; 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
20.59%from £1.39M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SURFACE FINISHING ENGINEERING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+4.3%vs 2021+2.1% a year compound (CAGR)
Cash in Bank
+3329300%vs 2021+18147% a year compound (CAGR)
Filed for 2021 and 2023 only
Total Assets
+13.1%vs 2021+6.3% a year compound (CAGR)
Total Liabilities
+18.2%vs 2021+8.7% a year compound (CAGR)
Employees
-2.9%vs 2021-1Biggest increase
Cash in Bank+3329300%
£10.00 in 2021 to £332.94K in 2023
Biggest decrease
Employees-2.9%
34 in 2021 to 33 in 2023
SURFACE FINISHING ENGINEERING LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SURFACE FINISHING 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
- 33.92%2023
- 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
- 66.08%2023
- 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
- 10.19%2023
- 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
- 6.73%2023
- 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 SURFACE FINISHING ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.61M | 1.39M | 1.68M |
| Total Assets£ | 4.37M | 4.44M | 4.95M |
| Cash in Bank£ | 10.00 | – | 332.94K |
| Total Liabilities£ | 2.77M | 3.05M | 3.27M |
| Employees | 34 | 32 | 33 |
SURFACE FINISHING ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SURFACE FINISHING ENGINEERING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SURFACE FINISHING ENGINEERING LIMITED reported net assets of £1.68M for 2023. That compares with £1.39M in 2022, a change of 20.59%.
SURFACE FINISHING ENGINEERING LIMITED reported total assets of £4.95M for 2023. That compares with £4.44M in 2022, a change of 11.34%.
SURFACE FINISHING ENGINEERING LIMITED reported cash in bank of £332.94K for 2023. That compares with £10.00 in 2021.
SURFACE FINISHING ENGINEERING LIMITED reported 33 employees in 2023, compared with 32 in 2022.
Between 2021 and 2023, SURFACE FINISHING ENGINEERING LIMITED's net assets rose by 4.3%, cash in bank rose by 3329300%, total assets rose by 13.1% and total liabilities rose by 18.2%. Net assets compounded at 2.1% a year across the two years to 2023, from £1.61M to £1.68M. Reported headcount went from 34 in 2021 to 33 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.