THURSTON ENGINEERING LIMITED Financials
- Company number
- 03676570CopyCopy
- Registered office
- Hallsford Bridge Industrial Est, Stondon Road, Ongar, Essex CM5 9RB
- Incorporated
- 01/12/1998
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
20.04%vs 20242024: £400.25K
Total Assets
36.50%vs 20242024: £576.69K
Cash in Bank
-7.37%vs 20242024: £7.42K
Total Liabilities
73.84%vs 20242024: £176.44K
Employees
+2vs 20242024: 7
In 2025, THURSTON ENGINEERING LIMITED reported net assets of £480.44K. The same filing shows total assets of £787.18K, cash in bank of £6.87K and total liabilities of £306.73K. Reported headcount was 9 in 2025. Total Assets rose from £576.69K in 2024 to £787.18K in 2025 (36.50%). 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
20.04%from £400.25K 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 THURSTON ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+27.3%vs 2023+12.8% a year compound (CAGR)
Cash in Bank
-93.9%vs 2023-75.2% a year compound (CAGR)
Total Assets
+44.9%vs 2023+20.4% a year compound (CAGR)
Total Liabilities
+84.9%vs 2023+36% a year compound (CAGR)
Employees
+12.5%vs 2023+1Biggest increase
Total Liabilities+84.9%
£165.89K in 2023 to £306.73K in 2025
Biggest decrease
Cash in Bank-93.9%
£112.13K in 2023 to £6.87K in 2025
THURSTON ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 THURSTON 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
- 61.03%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
- 38.97%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
- 2.24%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
- 0.87%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 THURSTON 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£ | 291.55K | 326.99K | 377.33K | 400.25K | 480.44K |
| Total Assets£ | 503.67K | 500.66K | 543.22K | 576.69K | 787.18K |
| Cash in Bank£ | 64.39K | 70.05K | 112.13K | 7.42K | 6.87K |
| Total Liabilities£ | 212.13K | 173.67K | 165.89K | 176.44K | 306.73K |
| Employees | 10 | 11 | 8 | 7 | 9 |
THURSTON ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THURSTON ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THURSTON ENGINEERING LIMITED reported net assets of £480.44K for 2025. That compares with £400.25K in 2024, a change of 20.04%.
THURSTON ENGINEERING LIMITED reported total assets of £787.18K for 2025. That compares with £576.69K in 2024, a change of 36.50%.
THURSTON ENGINEERING LIMITED reported cash in bank of £6.87K for 2025. That compares with £7.42K in 2024, a change of -7.37%.
THURSTON ENGINEERING LIMITED reported 9 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, THURSTON ENGINEERING LIMITED's net assets rose by 27.3%, cash in bank fell by 93.9%, total assets rose by 44.9% and total liabilities rose by 84.9%. Net assets compounded at 12.8% a year across the two years to 2025, from £377.33K to £480.44K. Reported headcount went from 8 in 2023 to 9 in 2025 (+1).
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.