AIR CAIR ENGINEERING LIMITED Financials
- Company number
- 03259211CopyCopy
- Registered office
- Waterloo House 17 Waterloo Road, Norwich, Norfolk, NR3 1EH
- Incorporated
- 01/10/1996
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-83.57%vs 20232023: £476.49K
Total Assets
-22.86%vs 20232023: £694.11K
Cash in Bank
13.89%vs 20232023: £222.00K
Total Liabilities
110.07%vs 20232023: £217.62K
Employees
-1vs 20232023: 13
In 2024, AIR CAIR ENGINEERING LIMITED reported net assets of £78.30K. The same filing shows total assets of £535.46K, cash in bank of £252.82K and total liabilities of £457.16K. Reported headcount was 12 in 2024. Net Assets fell from £476.49K in 2023 to £78.30K in 2024 (-83.57%). 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
-83.57%from £476.49K 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 CAIR ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-76.6%vs 2022-51.6% a year compound (CAGR)
Cash in Bank
+2256%vs 2022+385% a year compound (CAGR)
Total Assets
-5.1%vs 2022-2.6% a year compound (CAGR)
Total Liabilities
+99.1%vs 2022+41.1% a year compound (CAGR)
Employees
-7.7%vs 2022-1Biggest increase
Cash in Bank+2256%
£10.73K in 2022 to £252.82K in 2024
Biggest decrease
Net Assets-76.6%
£334.94K in 2022 to £78.30K in 2024
AIR CAIR ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AIR CAIR 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
- 14.62%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
- 85.38%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
- 55.30%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
- 47.22%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 AIR CAIR 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£ | 430.51K | 334.94K | 476.49K | 78.30K |
| Total Assets£ | 582.45K | 564.51K | 694.11K | 535.46K |
| Cash in Bank£ | 183.58K | 10.73K | 222.00K | 252.82K |
| Total Liabilities£ | 151.94K | 229.57K | 217.62K | 457.16K |
| Employees | 13 | 13 | 13 | 12 |
AIR CAIR ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AIR CAIR ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AIR CAIR ENGINEERING LIMITED reported net assets of £78.30K for 2024. That compares with £476.49K in 2023, a change of -83.57%.
AIR CAIR ENGINEERING LIMITED reported total assets of £535.46K for 2024. That compares with £694.11K in 2023, a change of -22.86%.
AIR CAIR ENGINEERING LIMITED reported cash in bank of £252.82K for 2024. That compares with £222.00K in 2023, a change of 13.89%.
AIR CAIR ENGINEERING LIMITED reported 12 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, AIR CAIR ENGINEERING LIMITED's net assets fell by 76.6%, cash in bank rose by 2256%, total assets fell by 5.1% and total liabilities rose by 99.1%. Net assets contracted at 51.6% a year across the two years to 2024, from £334.94K to £78.30K. Reported headcount went from 13 in 2022 to 12 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.