AIR COMPRESSION TECHNOLOGY LIMITED Financials
- Company number
- 04717021Copy
Copy - Registered office
- Moorbrook 2 Moorbank Road, Sandygate, Sheffield, South Yorkshire S10 5TR
- Incorporated
- 31/03/2003
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-99.62%vs 20232023: £438.26K
Total Assets
-28.03%vs 20232023: £653.53K
Cash in Bank
-65.08%vs 20232023: £355.69K
Total Liabilities
117.73%vs 20232023: £215.27K
Employees
+1vs 20232023: 6
In 2024, AIR COMPRESSION TECHNOLOGY LIMITED reported net assets of £1.67K. The same filing shows total assets of £470.38K, cash in bank of £124.22K and total liabilities of £468.71K. Reported headcount was 7 in 2024. Net Assets fell from £438.26K in 2023 to £1.67K in 2024 (-99.62%). 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
-99.62%from £438.26K 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 COMPRESSION TECHNOLOGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-98.5%vs 2022-87.8% a year compound (CAGR)
Cash in Bank
+47.6%vs 2022+21.5% a year compound (CAGR)
Total Assets
+83.8%vs 2022+35.6% a year compound (CAGR)
Total Liabilities
+292%vs 2022+98.1% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+292%
£119.45K in 2022 to £468.71K in 2024
Biggest decrease
Net Assets-98.5%
£111.02K in 2022 to £1.67K in 2024
AIR COMPRESSION TECHNOLOGY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 COMPRESSION TECHNOLOGY 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
- 0.35%2024
- Liabilities to total assets
- 99.65%2024
- Cash to liabilities
- 26.50%2024
- Cash to total assets
- 26.41%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 COMPRESSION TECHNOLOGY 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£ | 104.50K | 111.02K | 438.26K | 1.67K |
| Total Assets£ | 253.97K | 255.97K | 653.53K | 470.38K |
| Cash in Bank£ | 113.04K | 84.14K | 355.69K | 124.22K |
| Total Liabilities£ | 105.14K | 119.45K | 215.27K | 468.71K |
| Employees | 7 | 7 | 6 | 7 |
AIR COMPRESSION TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has AIR COMPRESSION TECHNOLOGY LIMITED filed financial statements?
Yes. Okredo holds filed figures for AIR COMPRESSION TECHNOLOGY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did AIR COMPRESSION TECHNOLOGY LIMITED report in 2024?
AIR COMPRESSION TECHNOLOGY LIMITED reported net assets of £1.67K for 2024. That compares with £438.26K in 2023, a change of -99.62%.
What total assets did AIR COMPRESSION TECHNOLOGY LIMITED report in 2024?
AIR COMPRESSION TECHNOLOGY LIMITED reported total assets of £470.38K for 2024. That compares with £653.53K in 2023, a change of -28.03%.
What cash in bank did AIR COMPRESSION TECHNOLOGY LIMITED report in 2024?
AIR COMPRESSION TECHNOLOGY LIMITED reported cash in bank of £124.22K for 2024. That compares with £355.69K in 2023, a change of -65.08%.
How many people does AIR COMPRESSION TECHNOLOGY LIMITED employ?
AIR COMPRESSION TECHNOLOGY LIMITED reported 7 employees in 2024, compared with 6 in 2023.
How have AIR COMPRESSION TECHNOLOGY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, AIR COMPRESSION TECHNOLOGY LIMITED's net assets fell by 98.5%, cash in bank rose by 47.6%, total assets rose by 83.8% and total liabilities rose by 292%. Net assets contracted at 87.8% a year across the two years to 2024, from £111.02K to £1.67K. Reported headcount went from 7 in 2022 to 7 in 2024.
Which years of AIR COMPRESSION TECHNOLOGY LIMITED financial data are available?
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.