GRIFFIN AIR SYSTEMS LTD. Financials
- Company number
- SC279208CopyCopy
- Registered office
- 12 North Avenue, Clydebank Business Park, Clydebank G81 2QP
- Incorporated
- 01/02/2005
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-85.55%vs 20242024: £2.10M
Total Assets
-79.94%vs 20242024: £2.48M
Cash in Bank
-82.95%vs 20242024: £2.24M
Total Liabilities
-51.68%vs 20242024: £356.97K
Employees
+1vs 20242024: 6
In 2025, GRIFFIN AIR SYSTEMS LTD. reported net assets of £304.18K. The same filing shows total assets of £497.20K, cash in bank of £382.15K and total liabilities of £172.49K. Reported headcount was 7 in 2025. Total Assets fell from £2.48M in 2024 to £497.20K in 2025 (-79.94%). Okredo holds filed figures for 2021–2025; 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
-85.55%from £2.10M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GRIFFIN AIR SYSTEMS LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-84.1%vs 2023-60.1% a year compound (CAGR)
Cash in Bank
-80.6%vs 2023-55.9% a year compound (CAGR)
Total Assets
-78.4%vs 2023-53.5% a year compound (CAGR)
Total Liabilities
-51.4%vs 2023-30.3% a year compound (CAGR)
Employees
0%vs 2023Biggest decrease
Net Assets-84.1%
£1.91M in 2023 to £304.18K in 2025
Every measure that changed in GRIFFIN AIR SYSTEMS LTD.'s filings between 2023 and 2025 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GRIFFIN AIR SYSTEMS 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
- 61.18%2025
- 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
- 34.69%2025
- 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
- 221.55%2025
- 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
- 76.86%2025
- 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 GRIFFIN AIR SYSTEMS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.58M | 1.74M | 1.91M | 2.10M | 304.18K |
| Total Assets£ | 2.06M | 2.17M | 2.30M | 2.48M | 497.20K |
| Cash in Bank£ | 1.90M | 1.95M | 1.97M | 2.24M | 382.15K |
| Total Liabilities£ | 451.94K | 395.07K | 354.87K | 356.97K | 172.49K |
| Employees | 6 | 7 | 7 | 6 | 7 |
GRIFFIN AIR SYSTEMS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GRIFFIN AIR SYSTEMS LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
GRIFFIN AIR SYSTEMS LTD. reported net assets of £304.18K for 2025. That compares with £2.10M in 2024, a change of -85.55%.
GRIFFIN AIR SYSTEMS LTD. reported total assets of £497.20K for 2025. That compares with £2.48M in 2024, a change of -79.94%.
GRIFFIN AIR SYSTEMS LTD. reported cash in bank of £382.15K for 2025. That compares with £2.24M in 2024, a change of -82.95%.
GRIFFIN AIR SYSTEMS LTD. reported 7 employees in 2025, compared with 6 in 2024.
Between 2023 and 2025, GRIFFIN AIR SYSTEMS LTD.'s net assets fell by 84.1%, cash in bank fell by 80.6%, total assets fell by 78.4% and total liabilities fell by 51.4%. Net assets contracted at 60.1% a year across the two years to 2025, from £1.91M to £304.18K. Reported headcount went from 7 in 2023 to 7 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.