AIR BEARINGS LIMITED Financials
- Company number
- 02788050CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Unit A, Nimrod Way, East Dorset Trade Park, Ferndown, Dorset BH21 7HZ
- Incorporated
- 09/02/1993
Company snapshot
- Status
- Active
- Employees
- 99 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-2.52%vs 20232023: £14.64M
Total Assets
10.94%vs 20232023: £19.78M
Cash in Bank
-60.03%vs 20232023: £992.47K
Total Liabilities
-21.02%vs 20232023: £1.96M
Employees
+1vs 20232023: 98
In 2024, AIR BEARINGS LIMITED reported net assets of £14.27M. The same filing shows total assets of £21.95M, cash in bank of £396.67K and total liabilities of £1.55M. Reported headcount was 99 in 2024. Total Assets rose from £19.78M in 2023 to £21.95M in 2024 (10.94%). 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
-2.52%from £14.64M 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 AIR BEARINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+33.1%vs 2022+15.4% a year compound (CAGR)
Cash in Bank
+18.8%vs 2022+9% a year compound (CAGR)
Total Assets
+48%vs 2022+21.6% a year compound (CAGR)
Total Liabilities
+13.4%vs 2022+6.5% a year compound (CAGR)
Employees
+30.3%vs 2022+23Biggest increase
Total Assets+48%
£14.83M in 2022 to £21.95M in 2024
Every indicator Okredo holds for AIR BEARINGS LIMITED rose between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with net assets, cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AIR BEARINGS 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
- 65.03%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
- 7.07%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
- 25.58%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
- 1.81%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £135.46K2024
- 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 AIR BEARINGS 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£ | 8.58M | 10.72M | 14.64M | 14.27M |
| Total Assets£ | 10.68M | 14.83M | 19.78M | 21.95M |
| Cash in Bank£ | 504.76K | 333.81K | 992.47K | 396.67K |
| Total Liabilities£ | 1.17M | 1.37M | 1.96M | 1.55M |
| Employees | 56 | 76 | 98 | 99 |
AIR BEARINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AIR BEARINGS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AIR BEARINGS LIMITED reported net assets of £14.27M for 2024. That compares with £14.64M in 2023, a change of -2.52%.
AIR BEARINGS LIMITED reported total assets of £21.95M for 2024. That compares with £19.78M in 2023, a change of 10.94%.
AIR BEARINGS LIMITED reported cash in bank of £396.67K for 2024. That compares with £992.47K in 2023, a change of -60.03%.
AIR BEARINGS LIMITED reported 99 employees in 2024, compared with 98 in 2023.
Between 2022 and 2024, AIR BEARINGS LIMITED's net assets rose by 33.1%, cash in bank rose by 18.8%, total assets rose by 48% and total liabilities rose by 13.4%. Net assets compounded at 15.4% a year across the two years to 2024, from £10.72M to £14.27M. Reported headcount went from 76 in 2022 to 99 in 2024 (+23).
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.