W.G.M (ENGINEERING)LIMITED Financials
- Company number
- SC099834CopyCopy
- Registered office
- 65 Sussex Street, Glasgow G41 1DX
- Incorporated
- 30/06/1986
Company snapshot
- Status
- Active
- Employees
- 440 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-40.69%vs 20232023: £8.50M
Total Assets
13.17%vs 20232023: £19.16M
Cash in Bank
7.55%vs 20232023: £1.95M
Total Liabilities
56.15%vs 20232023: £10.65M
Employees
+64vs 20232023: 376
In 2024, W.G.M (ENGINEERING)LIMITED reported net assets of £5.04M. The same filing shows total assets of £21.68M, cash in bank of £2.10M and total liabilities of £16.64M. Reported headcount was 440 in 2024. Total Liabilities rose from £10.65M in 2023 to £16.64M in 2024 (56.15%). 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
-40.69%from £8.50M 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 W.G.M (ENGINEERING)LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-34.4%vs 2022-19% a year compound (CAGR)
Cash in Bank
-68.7%vs 2022-44.1% a year compound (CAGR)
Total Assets
+11.5%vs 2022+5.6% a year compound (CAGR)
Total Liabilities
+41.6%vs 2022+19% a year compound (CAGR)
Employees
+32.1%vs 2022+107Biggest increase
Total Liabilities+41.6%
£11.75M in 2022 to £16.64M in 2024
Biggest decrease
Cash in Bank-68.7%
£6.72M in 2022 to £2.10M in 2024
W.G.M (ENGINEERING)LIMITED's filings pull in both directions between 2022 and 2024. 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 W.G.M (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
- 23.26%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
- 76.74%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
- 12.63%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
- 9.69%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £119.76K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for W.G.M (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£ | 5.09M | 7.69M | 8.50M | 5.04M |
| Total Assets£ | 16.75M | 19.44M | 19.16M | 21.68M |
| Cash in Bank£ | 6.88M | 6.72M | 1.95M | 2.10M |
| Total Liabilities£ | 11.66M | 11.75M | 10.65M | 16.64M |
| Employees | 280 | 333 | 376 | 440 |
W.G.M (ENGINEERING)LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for W.G.M (ENGINEERING)LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
W.G.M (ENGINEERING)LIMITED reported net assets of £5.04M for 2024. That compares with £8.50M in 2023, a change of -40.69%.
W.G.M (ENGINEERING)LIMITED reported total assets of £21.68M for 2024. That compares with £19.16M in 2023, a change of 13.17%.
W.G.M (ENGINEERING)LIMITED reported cash in bank of £2.10M for 2024. That compares with £1.95M in 2023, a change of 7.55%.
W.G.M (ENGINEERING)LIMITED reported 440 employees in 2024, compared with 376 in 2023.
Between 2022 and 2024, W.G.M (ENGINEERING)LIMITED's net assets fell by 34.4%, cash in bank fell by 68.7%, total assets rose by 11.5% and total liabilities rose by 41.6%. Net assets contracted at 19% a year across the two years to 2024, from £7.69M to £5.04M. Reported headcount went from 333 in 2022 to 440 in 2024 (+107).
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.