W & K PRECISION ENGINEERING LIMITED Financials
- Company number
- 04795055CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Unit 37 Cranswick Industrial Estate, Beverley Road, Cranswick, Driffield, East Yorkshire YO25 9QE
- Incorporated
- 11/06/2003
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £31.78K
Total Assets
2024: £105.24K
Cash in Bank
2024: £21.96K
Total Liabilities
Employees
2024: 17
In 2025, W & K PRECISION ENGINEERING LIMITED reported net assets of £9.59K. The same filing shows total assets of £79.80K, cash in bank of £13.72K and total liabilities of £603.38K. Reported headcount was 12 in 2025. Total Assets fell from £105.24K in 2024 to £79.80K in 2025 (-24.17%). 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
Year-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 W & K PRECISION ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-52.1% a year compound (CAGR)
Cash in Bank
Total Assets
-24.4% a year compound (CAGR)
Employees
Biggest decrease
Net Assets-77.1%
£41.83K in 2023 to £9.59K in 2025
W & K PRECISION ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from W & K PRECISION 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
- 12.01%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
- 69.95%2021
- 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
- 2.46%2021
- 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
- 17.19%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 W & K PRECISION 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£ | 50.64K | 69.95K | 41.83K | 31.78K | 9.59K |
| Total Assets£ | 862.64K | 169.70K | 139.67K | 105.24K | 79.80K |
| Cash in Bank£ | 14.87K | 32.66K | -11.30K | 21.96K | 13.72K |
| Total Liabilities£ | 603.38K | – | – | – | – |
| Employees | 18 | 19 | 21 | 17 | 12 |
W & K PRECISION ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for W & K PRECISION ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
W & K PRECISION ENGINEERING LIMITED reported net assets of £9.59K for 2025. That compares with £31.78K in 2024, a change of -69.83%.
W & K PRECISION ENGINEERING LIMITED reported total assets of £79.80K for 2025. That compares with £105.24K in 2024, a change of -24.17%.
W & K PRECISION ENGINEERING LIMITED reported cash in bank of £13.72K for 2025. That compares with £21.96K in 2024, a change of -37.53%.
W & K PRECISION ENGINEERING LIMITED reported 12 employees in 2025, compared with 17 in 2024.
Between 2023 and 2025, W & K PRECISION ENGINEERING LIMITED's net assets fell by 77.1%, total assets fell by 42.9% and employee numbers fell by 42.9%. Net assets contracted at 52.1% a year across the two years to 2025, from £41.83K to £9.59K. Reported headcount went from 21 in 2023 to 12 in 2025 (-9).
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.