X-MET FABRICATION LIMITED Financials
- Company number
- SC431769CopyCopy
- Registered office
- Unit 106/107 Howden Avenue, Newhouse Industrial Estate, Motherwell, North Lanarkshire ML1 5RX
- Incorporated
- 04/09/2012
Company snapshot
- Status
- Active
- Employees
- 26 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
11.66%vs 20232023: £255.57K
Total Assets
-4.86%vs 20232023: £1.14M
Cash in Bank
-68.21%vs 20232023: £71.32K
Total Liabilities
-9.65%vs 20232023: £881.17K
Employees
-2vs 20232023: 28
In 2024, X-MET FABRICATION LIMITED reported net assets of £285.36K. The same filing shows total assets of £1.08M, cash in bank of £22.67K and total liabilities of £796.09K. Reported headcount was 26 in 2024. Total Liabilities fell from £881.17K in 2023 to £796.09K in 2024 (-9.65%). 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
11.66%from £255.57K 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 X-MET FABRICATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+42.7%vs 2022+19.5% a year compound (CAGR)
Cash in Bank
-7.2%vs 2022-3.7% a year compound (CAGR)
Total Assets
-10.5%vs 2022-5.4% a year compound (CAGR)
Total Liabilities
-21%vs 2022-11.1% a year compound (CAGR)
Employees
-18.8%vs 2022-6Biggest increase
Net Assets+42.7%
£199.99K in 2022 to £285.36K in 2024
Biggest decrease
Total Liabilities-21%
£1.01M in 2022 to £796.09K in 2024
X-MET FABRICATION LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from X-MET FABRICATION 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
- 26.39%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
- 73.61%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
- 2.85%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
- 2.10%2024
- 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 X-MET FABRICATION 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£ | 194.63K | 199.99K | 255.57K | 285.36K |
| Total Assets£ | 1.48M | 1.21M | 1.14M | 1.08M |
| Cash in Bank£ | 167.56K | 24.43K | 71.32K | 22.67K |
| Total Liabilities£ | 1.29M | 1.01M | 881.17K | 796.09K |
| Employees | 32 | 32 | 28 | 26 |
X-MET FABRICATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for X-MET FABRICATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
X-MET FABRICATION LIMITED reported net assets of £285.36K for 2024. That compares with £255.57K in 2023, a change of 11.66%.
X-MET FABRICATION LIMITED reported total assets of £1.08M for 2024. That compares with £1.14M in 2023, a change of -4.86%.
X-MET FABRICATION LIMITED reported cash in bank of £22.67K for 2024. That compares with £71.32K in 2023, a change of -68.21%.
X-MET FABRICATION LIMITED reported 26 employees in 2024, compared with 28 in 2023.
Between 2022 and 2024, X-MET FABRICATION LIMITED's net assets rose by 42.7%, cash in bank fell by 7.2%, total assets fell by 10.5% and total liabilities fell by 21%. Net assets compounded at 19.5% a year across the two years to 2024, from £199.99K to £285.36K. Reported headcount went from 32 in 2022 to 26 in 2024 (-6).
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.