AXESS NORTH SEA LIMITED Financials
- Company number
- SC492895Copy
Copy - Registered office
- Axess House, Twin Spires Busines Park, Mugiemoss Road,, Bucksburn, Aberdeen AB21 9NY
- Incorporated
- 08/12/2014
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
22.95%vs 20232023: £710.01K
Total Assets
100.97%vs 20232023: £1.23M
Cash in Bank
42.24%vs 20212021: £-701.62K
Total Liabilities
208.41%vs 20232023: £515.63K
Employees
0vs 20232023: 11
In 2024, AXESS NORTH SEA LIMITED reported net assets of £872.99K. The same filing shows total assets of £2.46M, cash in bank of £-405.26K and total liabilities of £1.59M. Reported headcount was 11 in 2024. Total Assets rose from £1.23M in 2023 to £2.46M in 2024 (100.97%). 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
22.95%from £710.01K 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 AXESS NORTH SEA LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+34.9%vs 2022+16.1% a year compound (CAGR)
Total Assets
+87%vs 2022+36.7% a year compound (CAGR)
Total Liabilities
+137%vs 2022+54% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+137%
£670.19K in 2022 to £1.59M in 2024
Every measure that changed in AXESS NORTH SEA LIMITED's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AXESS NORTH SEA 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
- 35.44%2024
- Liabilities to total assets
- 64.56%2024
- Cash to liabilities
- -60.47%2022
- Cash to total assets
- -30.76%2022
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 AXESS NORTH SEA 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£ | 525.38K | 647.28K | 710.01K | 872.99K |
| Total Assets£ | 1.50M | 1.32M | 1.23M | 2.46M |
| Cash in Bank£ | -701.62K | -405.26K | – | – |
| Total Liabilities£ | 972.21K | 670.19K | 515.63K | 1.59M |
| Employees | 6 | 11 | 11 | 11 |
AXESS NORTH SEA LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has AXESS NORTH SEA LIMITED filed financial statements?
Yes. Okredo holds filed figures for AXESS NORTH SEA LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did AXESS NORTH SEA LIMITED report in 2024?
AXESS NORTH SEA LIMITED reported net assets of £872.99K for 2024. That compares with £710.01K in 2023, a change of 22.95%.
What total assets did AXESS NORTH SEA LIMITED report in 2024?
AXESS NORTH SEA LIMITED reported total assets of £2.46M for 2024. That compares with £1.23M in 2023, a change of 100.97%.
What cash in bank did AXESS NORTH SEA LIMITED report in 2022?
AXESS NORTH SEA LIMITED reported cash in bank of £-405.26K for 2022. That compares with £-701.62K in 2021, a change of 42.24%.
How many people does AXESS NORTH SEA LIMITED employ?
AXESS NORTH SEA LIMITED reported 11 employees in 2024, compared with 11 in 2023.
How have AXESS NORTH SEA LIMITED financials changed over the last 3 years?
Between 2022 and 2024, AXESS NORTH SEA LIMITED's net assets rose by 34.9%, total assets rose by 87%, total liabilities rose by 137% and employee numbers was unchanged. Net assets compounded at 16.1% a year across the two years to 2024, from £647.28K to £872.99K. Reported headcount went from 11 in 2022 to 11 in 2024.
Which years of AXESS NORTH SEA 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.