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ADAERO PRECISION COMPONENTS LIMITED Financials

Company number
03355358Copy
Copy
Registered office
Unit 6 Down End, Lords Meadow Industrial Estate, Crediton, Devon EX17 1HN
Incorporated
17/04/1997

Company snapshot

Status
Active
Employees
55 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.61M2024
-13.68%vs 2023

2023: £1.87M

Total Assets

£3.33M2024
-19.80%vs 2023

2023: £4.16M

Cash in Bank

£0.002023
-100.00%vs 2022

2022: £15.00

Total Liabilities

£1.72M2024
-24.78%vs 2023

2023: £2.29M

Employees

552024
-9vs 2023

2023: 64

In 2024, ADAERO PRECISION COMPONENTS LIMITED reported net assets of £1.61M. The same filing shows total assets of £3.33M, cash in bank of £0.00 and total liabilities of £1.72M. Reported headcount was 55 in 2024. Total Assets fell from £4.16M in 2023 to £3.33M in 2024 (-19.80%). 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

£1.61M2024
-13.68%from £1.87M in 2023

Year-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 ADAERO PRECISION COMPONENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.02M2022£1.61M2024
-20.4%vs 2022

-10.8% a year compound (CAGR)

Total Assets

£4.82M2022£3.33M2024
-30.9%vs 2022

-16.9% a year compound (CAGR)

Total Liabilities

£2.80M2022£1.72M2024
-38.4%vs 2022

-21.5% a year compound (CAGR)

Employees

662022552024
-16.7%vs 2022-11

Biggest decrease

Total Liabilities-38.4%

£2.80M in 2022 to £1.72M in 2024

Every indicator Okredo holds for ADAERO PRECISION COMPONENTS LIMITED fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ADAERO PRECISION COMPONENTS 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
48.28%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
51.72%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ADAERO PRECISION COMPONENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.08M2.02M1.87M1.61M
Total Assets£3.92M4.82M4.16M3.33M
Cash in Bank£34.0015.000.00–
Total Liabilities£1.83M2.80M2.29M1.72M
Employees65666455

ADAERO PRECISION COMPONENTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ADAERO PRECISION COMPONENTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

ADAERO PRECISION COMPONENTS LIMITED reported net assets of £1.61M for 2024. That compares with £1.87M in 2023, a change of -13.68%.

ADAERO PRECISION COMPONENTS LIMITED reported total assets of £3.33M for 2024. That compares with £4.16M in 2023, a change of -19.80%.

ADAERO PRECISION COMPONENTS LIMITED reported cash in bank of £0.00 for 2023. That compares with £15.00 in 2022, a change of -100.00%.

ADAERO PRECISION COMPONENTS LIMITED reported 55 employees in 2024, compared with 64 in 2023.

Between 2022 and 2024, ADAERO PRECISION COMPONENTS LIMITED's net assets fell by 20.4%, total assets fell by 30.9%, total liabilities fell by 38.4% and employee numbers fell by 16.7%. Net assets contracted at 10.8% a year across the two years to 2024, from £2.02M to £1.61M. Reported headcount went from 66 in 2022 to 55 in 2024 (-11).

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.