AIRFREIGHT WORLDWIDE LIMITED Financials
- Company number
- 02877078CopyCopy
- Registered office
- Units 3 & 4 Gateway Trading Estate Airport Cargo, Birmingham Airport, Birmingham B26 3QD
- Incorporated
- 01/12/1993
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.58%vs 20232023: £676.70K
Total Assets
-10.08%vs 20232023: £1.05M
Cash in Bank
-81.96%vs 20232023: £130.54K
Total Liabilities
-14.55%vs 20232023: £378.09K
Employees
0vs 20232023: 13
In 2024, AIRFREIGHT WORLDWIDE LIMITED reported net assets of £625.41K. The same filing shows total assets of £948.51K, cash in bank of £23.55K and total liabilities of £323.10K. Reported headcount was 13 in 2024. Cash in Bank fell from £130.54K in 2023 to £23.55K in 2024 (-81.96%). 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
-7.58%from £676.70K 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 AIRFREIGHT WORLDWIDE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-16.8%vs 2022-8.8% a year compound (CAGR)
Cash in Bank
-88.2%vs 2022-65.7% a year compound (CAGR)
Total Assets
-21.4%vs 2022-11.3% a year compound (CAGR)
Total Liabilities
-29%vs 2022-15.8% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Cash in Bank-88.2%
£199.79K in 2022 to £23.55K in 2024
Every measure that changed in AIRFREIGHT WORLDWIDE LIMITED's filings between 2022 and 2024 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AIRFREIGHT WORLDWIDE 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
- 65.94%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
- 34.06%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
- 7.29%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
- 2.48%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 AIRFREIGHT WORLDWIDE 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£ | 737.88K | 751.38K | 676.70K | 625.41K |
| Total Assets£ | 1.50M | 1.21M | 1.05M | 948.51K |
| Cash in Bank£ | 336.19K | 199.79K | 130.54K | 23.55K |
| Total Liabilities£ | 758.37K | 455.19K | 378.09K | 323.10K |
| Employees | 13 | 13 | 13 | 13 |
AIRFREIGHT WORLDWIDE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AIRFREIGHT WORLDWIDE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AIRFREIGHT WORLDWIDE LIMITED reported net assets of £625.41K for 2024. That compares with £676.70K in 2023, a change of -7.58%.
AIRFREIGHT WORLDWIDE LIMITED reported total assets of £948.51K for 2024. That compares with £1.05M in 2023, a change of -10.08%.
AIRFREIGHT WORLDWIDE LIMITED reported cash in bank of £23.55K for 2024. That compares with £130.54K in 2023, a change of -81.96%.
AIRFREIGHT WORLDWIDE LIMITED reported 13 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, AIRFREIGHT WORLDWIDE LIMITED's net assets fell by 16.8%, cash in bank fell by 88.2%, total assets fell by 21.4% and total liabilities fell by 29%. Net assets contracted at 8.8% a year across the two years to 2024, from £751.38K to £625.41K. Reported headcount went from 13 in 2022 to 13 in 2024.
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.