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AIREX TECHNOLOGIES LTD Financials

Company number
10017714Copy
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Registered office
Sustainable Workspaces, Riverside Building, County Hall 5th, Westminster Bridge Road, London SE1 7PB
Incorporated
22/02/2016

Company snapshot

Status
Active
Employees
17 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£2.06M2024
-37.00%vs 2023

2023: £3.27M

Total Assets

£2.81M2024
-20.10%vs 2023

2023: £3.52M

Cash in Bank

£1.18M2024
-56.84%vs 2023

2023: £2.72M

Total Liabilities

£754.73K2024
198.23%vs 2023

2023: £253.07K

Employees

172024
+4vs 2023

2023: 13

In 2024, AIREX TECHNOLOGIES LTD reported net assets of £2.06M. The same filing shows total assets of £2.81M, cash in bank of £1.18M and total liabilities of £754.73K. Reported headcount was 17 in 2024. Cash in Bank fell from £2.72M in 2023 to £1.18M in 2024 (-56.84%). 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

£2.06M2024
-37.00%from £3.27M 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 AIREX TECHNOLOGIES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£271.17K2022£2.06M2024
+660%vs 2022

+176% a year compound (CAGR)

Employees

72022172024
+143%vs 2022+10

Biggest increase

Net Assets+660%

£271.17K in 2022 to £2.06M in 2024

Every indicator Okredo holds for AIREX TECHNOLOGIES LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AIREX TECHNOLOGIES LTD'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
73.18%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
26.82%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
155.75%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
41.77%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 AIREX TECHNOLOGIES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£83.79K271.17K3.27M2.06M
Total Assets£742.42K–3.52M2.81M
Cash in Bank£––2.72M1.18M
Total Liabilities£658.63K–253.07K754.73K
Employees571317

AIREX TECHNOLOGIES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has AIREX TECHNOLOGIES LTD filed financial statements?

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Yes. Okredo holds filed figures for AIREX TECHNOLOGIES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did AIREX TECHNOLOGIES LTD report in 2024?

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AIREX TECHNOLOGIES LTD reported net assets of £2.06M for 2024. That compares with £3.27M in 2023, a change of -37.00%.

What total assets did AIREX TECHNOLOGIES LTD report in 2024?

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AIREX TECHNOLOGIES LTD reported total assets of £2.81M for 2024. That compares with £3.52M in 2023, a change of -20.10%.

What cash in bank did AIREX TECHNOLOGIES LTD report in 2024?

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AIREX TECHNOLOGIES LTD reported cash in bank of £1.18M for 2024. That compares with £2.72M in 2023, a change of -56.84%.

How many people does AIREX TECHNOLOGIES LTD employ?

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AIREX TECHNOLOGIES LTD reported 17 employees in 2024, compared with 13 in 2023.

How have AIREX TECHNOLOGIES LTD financials changed over the last 3 years?

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Between 2022 and 2024, AIREX TECHNOLOGIES LTD's net assets rose by 660% and employee numbers rose by 143%. Net assets compounded at 176% a year across the two years to 2024, from £271.17K to £2.06M. Reported headcount went from 7 in 2022 to 17 in 2024 (+10).

Which years of AIREX TECHNOLOGIES LTD financial data are available?

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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.