CIB STORNOWAY LIMITED Financials
- Company number
- SC324916Copy
Copy - Registered office
- 63 Kenneth Street, Stornoway, Isle Of Lewis HS1 2DS
- Incorporated
- 05/06/2007
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-32.91%vs 20232023: £138.52K
Total Assets
-1.41%vs 20232023: £336.49K
Cash in Bank
First reported yearTotal Liabilities
23.66%vs 20232023: £191.40K
Employees
+2vs 20232023: 16
In 2024, CIB STORNOWAY LIMITED reported net assets of £92.94K. The same filing shows total assets of £331.75K, cash in bank of £16.91K and total liabilities of £236.69K. Reported headcount was 18 in 2024. Net Assets fell from £138.52K in 2023 to £92.94K in 2024 (-32.91%). 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
-32.91%from £138.52K 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 CIB STORNOWAY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+12.4%vs 2022+6% a year compound (CAGR)
Total Assets
+27.4%vs 2022+12.9% a year compound (CAGR)
Total Liabilities
+44.1%vs 2022+20% a year compound (CAGR)
Employees
+20%vs 2022+3Biggest increase
Total Liabilities+44.1%
£164.27K in 2022 to £236.69K in 2024
Every indicator Okredo holds for CIB STORNOWAY LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CIB STORNOWAY 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
- 28.01%2024
- Liabilities to total assets
- 71.34%2024
- Cash to liabilities
- 10.29%2022
- Cash to total assets
- 6.49%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 CIB STORNOWAY 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£ | 86.94K | 82.66K | 138.52K | 92.94K |
| Total Assets£ | 257.42K | 260.31K | 336.49K | 331.75K |
| Cash in Bank£ | – | 16.91K | – | – |
| Total Liabilities£ | 170.49K | 164.27K | 191.40K | 236.69K |
| Employees | 16 | 15 | 16 | 18 |
CIB STORNOWAY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has CIB STORNOWAY LIMITED filed financial statements?
Yes. Okredo holds filed figures for CIB STORNOWAY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did CIB STORNOWAY LIMITED report in 2024?
CIB STORNOWAY LIMITED reported net assets of £92.94K for 2024. That compares with £138.52K in 2023, a change of -32.91%.
What total assets did CIB STORNOWAY LIMITED report in 2024?
CIB STORNOWAY LIMITED reported total assets of £331.75K for 2024. That compares with £336.49K in 2023, a change of -1.41%.
What cash in bank did CIB STORNOWAY LIMITED report in 2022?
CIB STORNOWAY LIMITED reported cash in bank of £16.91K for 2022. There is no earlier filing to compare it against.
How many people does CIB STORNOWAY LIMITED employ?
CIB STORNOWAY LIMITED reported 18 employees in 2024, compared with 16 in 2023.
How have CIB STORNOWAY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, CIB STORNOWAY LIMITED's net assets rose by 12.4%, total assets rose by 27.4%, total liabilities rose by 44.1% and employee numbers rose by 20%. Net assets compounded at 6% a year across the two years to 2024, from £82.66K to £92.94K. Reported headcount went from 15 in 2022 to 18 in 2024 (+3).
Which years of CIB STORNOWAY 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.