AIR HANDLING SYSTEMS LIMITED Financials
- Company number
- 03933476CopyCopy
- Registered office
- 3/5 Furnace Industrial Estate, Shildon, County Durham DL4 1QB
- Incorporated
- 25/02/2000
Company snapshot
- Status
- Active
- Employees
- 72 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-15.05%vs 20232023: £1.87M
Total Assets
16.40%vs 20232023: £6.67M
Cash in Bank
19.09%vs 20232023: £4.98M
Total Liabilities
28.66%vs 20232023: £4.80M
Employees
+3vs 20232023: 69
In 2024, AIR HANDLING SYSTEMS LIMITED reported net assets of £1.59M. The same filing shows total assets of £7.77M, cash in bank of £5.94M and total liabilities of £6.18M. Reported headcount was 72 in 2024. Total Liabilities rose from £4.80M in 2023 to £6.18M in 2024 (28.66%). 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
-15.05%from £1.87M 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 HANDLING SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-11%vs 2022-5.7% a year compound (CAGR)
Cash in Bank
+96.7%vs 2022+40.2% a year compound (CAGR)
Total Assets
+53%vs 2022+23.7% a year compound (CAGR)
Total Liabilities
+87.8%vs 2022+37% a year compound (CAGR)
Employees
+22%vs 2022+13Biggest increase
Cash in Bank+96.7%
£3.02M in 2022 to £5.94M in 2024
Biggest decrease
Net Assets-11%
£1.79M in 2022 to £1.59M in 2024
AIR HANDLING SYSTEMS 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 HANDLING SYSTEMS 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
- 20.46%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
- 79.54%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
- 96.05%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
- 76.39%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £192.67K2024
- 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 HANDLING SYSTEMS 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£ | 1.90M | 1.79M | 1.87M | 1.59M |
| Total Assets£ | 4.83M | 5.08M | 6.67M | 7.77M |
| Cash in Bank£ | 2.15M | 3.02M | 4.98M | 5.94M |
| Total Liabilities£ | 2.93M | 3.29M | 4.80M | 6.18M |
| Employees | 61 | 59 | 69 | 72 |
AIR HANDLING SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AIR HANDLING SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AIR HANDLING SYSTEMS LIMITED reported net assets of £1.59M for 2024. That compares with £1.87M in 2023, a change of -15.05%.
AIR HANDLING SYSTEMS LIMITED reported total assets of £7.77M for 2024. That compares with £6.67M in 2023, a change of 16.40%.
AIR HANDLING SYSTEMS LIMITED reported cash in bank of £5.94M for 2024. That compares with £4.98M in 2023, a change of 19.09%.
AIR HANDLING SYSTEMS LIMITED reported 72 employees in 2024, compared with 69 in 2023.
Between 2022 and 2024, AIR HANDLING SYSTEMS LIMITED's net assets fell by 11%, cash in bank rose by 96.7%, total assets rose by 53% and total liabilities rose by 87.8%. Net assets contracted at 5.7% a year across the two years to 2024, from £1.79M to £1.59M. Reported headcount went from 59 in 2022 to 72 in 2024 (+13).
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.