X-MET FINISHING LIMITED Financials
- Company number
- SC431768CopyCopy
- Registered office
- Unit 106/107 Howden Avenue, Newhouse Industrial Estate, Motherwell, North Lanarkshire ML1 5RX
- Incorporated
- 03/09/2012
Company snapshot
- Status
- Active
- Employees
- 30 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
23.23%vs 20232023: £76.17K
Total Assets
26.56%vs 20232023: £285.16K
Cash in Bank
102.50%vs 20232023: £10.36K
Total Liabilities
27.78%vs 20232023: £208.99K
Employees
0vs 20232023: 30
In 2024, X-MET FINISHING LIMITED reported net assets of £93.86K. The same filing shows total assets of £360.90K, cash in bank of £20.98K and total liabilities of £267.05K. Reported headcount was 30 in 2024. Total Assets rose from £285.16K in 2023 to £360.90K in 2024 (26.56%). 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
23.23%from £76.17K 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 FINISHING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+41.8%vs 2022+19.1% a year compound (CAGR)
Cash in Bank
-9%vs 2022-4.6% a year compound (CAGR)
Total Assets
-30.5%vs 2022-16.6% a year compound (CAGR)
Total Liabilities
-41%vs 2022-23.2% a year compound (CAGR)
Employees
+3.4%vs 2022+1Biggest increase
Net Assets+41.8%
£66.19K in 2022 to £93.86K in 2024
Biggest decrease
Total Liabilities-41%
£452.99K in 2022 to £267.05K in 2024
X-MET FINISHING 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 FINISHING 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
- 26.01%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
- 73.99%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
- 7.85%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
- 5.81%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 FINISHING 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£ | 49.86K | 66.19K | 76.17K | 93.86K |
| Total Assets£ | 476.30K | 519.18K | 285.16K | 360.90K |
| Cash in Bank£ | 29.24K | 23.05K | 10.36K | 20.98K |
| Total Liabilities£ | 426.44K | 452.99K | 208.99K | 267.05K |
| Employees | 29 | 29 | 30 | 30 |
X-MET FINISHING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for X-MET FINISHING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
X-MET FINISHING LIMITED reported net assets of £93.86K for 2024. That compares with £76.17K in 2023, a change of 23.23%.
X-MET FINISHING LIMITED reported total assets of £360.90K for 2024. That compares with £285.16K in 2023, a change of 26.56%.
X-MET FINISHING LIMITED reported cash in bank of £20.98K for 2024. That compares with £10.36K in 2023, a change of 102.50%.
X-MET FINISHING LIMITED reported 30 employees in 2024, compared with 30 in 2023.
Between 2022 and 2024, X-MET FINISHING LIMITED's net assets rose by 41.8%, cash in bank fell by 9%, total assets fell by 30.5% and total liabilities fell by 41%. Net assets compounded at 19.1% a year across the two years to 2024, from £66.19K to £93.86K. Reported headcount went from 29 in 2022 to 30 in 2024 (+1).
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.